Brief: Ir Resources to place up to 577.3 million new shares

Almana

11/07/2016 15:58

July 11 (Reuters) - Ir Resources Ltd  8186.HK : 
 
 * Resource-new-placing of new shares under general mandate  8186.HK  
 * Agreed to place, through placing agent on a best effort basis, up to 577.3 
million new shares to not less than six placees 
 * Net proceed from placing is estimated to be about hk$21 million and is 
intended to be used for general working capital of group 
 * Company entered into the placing agreement with Nuada Limited 
 * Source text for Eikon  ID:nHKS7YVDGQ  
 
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