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RMG Ltd Announces Issue Of First Tranche Of Shares


Thursday, 11 Apr 2013 09:16pm EDT 

RMG Ltd announced that it has issued 206,250,000 new shares at $0.002 each raising $412,500 before costs pursuant to ASX Listing Rule 7.1 (Tranche 1 Securities). The balance of the placement of up to 954,750,000 shares (Tranche 2 Securities) will be subject to shareholder approval at a general meeting to be held on or about 15 May 2013. The shares will rank equally with all current shares on issue and application for quotation of the shares will be made. The funding allows the Company to immediately progress work programs at RMG's exciting new Chile copper-silver project and to continue work on the Kamarga zinclead deposit. 

Company Quote

0.0020
0.0010 +33.33%
7 Jul 2014