Brief: Adalta Says It Secured Commitments To Raise A$3.75 Mln Via Institutional Placement

Adalta

15/12/2021 01:46

Dec 15 (Reuters) - Adalta Ltd  1AD.AX :
    * SECURED COMMITMENTS TO RAISE A$3.75M VIA AN INSTITUTIONAL
PLACEMENT
    * PLACEMENT AT ISSUE PRICE OF A$0.073 PER NEW SHARE
    * TO INITIATE AN ENTITLEMENT OFFER FOR ELIGIBLE SHAREHOLDERS
ON
SAME TERMS TO RAISE UP TO A$2.2M

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