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RMG Ltd Announces Issue Of Second Tranche Of Shares


Monday, 27 May 2013 04:18am EDT 

RMG Ltd announced that with reference to the announcement made on March 26, 2013, the Company now announced that the placement was completed in two stages. RMG Ltd has issued 206,250,000 new shares at $0.002 each which raised $412,500 before costs (Tranche 1 Securities). The issue of the balance of the placement of 949,750,000 shares (Tranche 2 Securities) was approved in general meeting held on May 15, 2013. 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 zinc-lead deposit. 

Company Quote

0.049
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25 Feb 2015