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Redstone Resources Ltd completes oversubscribed capital raising of A$1.75mln

Monday, 17 Feb 2014 03:26am EST 

Redstone Resources Ltd:Says it has completed its capital raising.Says due to strong demand from a number of highly credentialed investors the company accepted additional over subscriptions of A$100,000 to bring total funds raised to A$1.75 mln.Says total funds were raised by way of placement of 35,000,000 fully paid ordinary shares in the company to sophisticated and professional investors at an issue price of A$0.05 per share. 

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0.0020 +5.00%
17 Sep 2014