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Provider: Reuters Investment Profile
$20.00
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$125.00
Provider: GlobalData
$125.00
Provider: GlobalData
$250.00

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Riedel Resources Ltd announces partially underwritten share purchase plan


Tuesday, 17 Jun 2014 04:06am EDT 

Riedel Resources Ltd:Announces partially underwritten share purchase plan for eligible shareholders.Under the SPP, each eligible shareholder will be entitled to apply for up to A$15,000 of fully paid ordinary RIE shares at a subscription price of A$0.0085 per share.Oracle Securities Pty Ltd has agreed to partially underwrite the SPP up to A$139,820.Maximum amount to be raised under the SPP is therefore limited to about A$279,640.Net funds from the SPP will be applied to provide further funds for exploration and development studies over its gold deposits and for working capital. 

Company Quote

0.012
-0.0030 -20.00%
29 Jul 2014