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Wolf Minerals Ltd completion of conditional fundraise

Tuesday, 18 Mar 2014 07:47am EDT 

Wolf Minerals Ltd:Says completion of conditional fundraise to raise gross proceeds of about A$182.7 mln (99.2 mln Pound) at a price of A$0.30 (16.3pence) per share.Proceeds of fundraise and SPP will be used to complete construction of Hemerdon Tungsten and Tin Project and support project through to positive cashflows.In addition it also undertake share purchase plan (SPP) to raise up to A$2.0 mln at issue price and any sums raised in the SPP will reduce certain commitments under the remainder of fundraise. 

Company Quote

0.04 +11.76%
27 Feb 2015