19 Feb 2004capital raising announcement● Neutral
Closed a roughly $691,000 private placement (1,727,500 units at $0.40), continuing to fund exploration.
What it means for a shareholder
1.7m new shares at US$0.400 to raise about US$691,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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