Brief: Archer Intends To Raise $40 Mln Via Private Placement
Oct 30 (Reuters) - Archer Ltd ARCHA.OL :
* CONTEMPLATED PRIVATE PLACEMENT
* PLACEMENT FOR GROSS PROCEEDS OF NOK EQUIVALENT OF USD 40 MILLION
* SUBSCRIPTION PRICE, FINAL NUMBER OF OFFER SHARES TO BE ISSUED WILL BE DETERMINED ON BASIS
OF
ACCELERATED BOOKBUILDING PROCESS
Source text: ID:nWkrxG0s9
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