Brief: Domacom Australia Says Secures Loan Funds And Private Placement

Assetora

31/01/2024 10:30

Jan 31 (Reuters) - Domacom Australia Ltd  DCL.AX :
    * DOMACOM SECURES LOAN FUNDS AND PRIVATE PLACEMENT
    * BRICKLET TO PROVIDE A$3 MILLION LOAN WITH AGREEMENT TO
INVEST
A$1 MILLION INTO CO THROUGH PRIVATE PLACEMENT
    * PRIVATE PLACEMENT AT PRICE OF A$0.014 PER SHARE
    * CAPITAL INJECTION DIRECTED TOWARDS FULL REPAYMENT OF A$2.5
MILLION DUE TO EXISTING CONVERTIBLE NOTEHOLDERS ON 1 FEB

Source text for Eikon:  ID:nASX9ZJjB8 
Further company coverage:  DCL.AX 

 ((Reuters.Briefs@thomsonreuters.com;))