Brief: 29Metals Announces Entitlement Offer
Aug 30 (Reuters) - 29Metals Ltd 29M.AX :
* ENTITLEMENT OFFER
* ENTITLEMENT OFFER TO RAISE A$151 MILLION (BEFORE COSTS)
* LAUNCH OF FULLY UNDERWRITTEN 1 FOR 2.20 ACCELERATED
NON-RENOUNCEABLE ENTITLEMENT OFFER
* EQUITY RAISING WILL BE CONDUCTED AT AN OFFER PRICE OF
A$0.690
PER SHARE
Source text for Eikon: ID:nASX3ZQXw1
Further company coverage: 29M.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on 29Metals
See all newsAustralia's 29Metals hits two-month low on weak September-quarter output
Brief: 29Metals Posts Golden Grove Q3 Copper Production 4.2Kt, Zinc Production 2.0Kt
ROI-LME zinc squeeze signals deepening supply risks for the West: Andy Home
ROI-LME zinc squeeze signals deepening supply risks for the West: Andy Home
Brief: 29Metals Posts Golden Grove Copper Production Of 4.8Kt For June Quarter