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Scotgold Resources Ltd announces placement of rights issue shortfall

Wednesday, 22 Jan 2014 03:36am EST 

Scotgold Resources Ltd:Says on Jan. 06 shareholders had taken up 90 pct of the shares on offer under the recent Rights Issue, raising $742,599.Says it has placed the total balance of the shortfall to investors being 17,654,502 fully paid ordinary shares (the Shortfall Shares) at 0.5 cents per share to raise a further A$88,273 before expenses.Says application will be made for the shortfall shares to be admitted to AIM and it is expected that this will occur on or around Jan. 27. 

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0.0010 +14.29%
1 Sep 2014