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    ASM — Australian Strategic Materials News Story

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    Brief: Australian Strategic Materials Says Institutional Placement Raises A$30M

    Picture of Australian Strategic Materials logoAustralian Strategic Materials
    02/11/2022 01:15
    Nov 2 (Reuters) - Australian Strategic Materials
(Holdings) Ltd  ASM.AX :
    * INSTITUTIONAL PLACEMENT RAISES A$30M AND SPP COMMENCES
    * PLACEMENT COMPRISES ISSUE OF 17.3 MILLION FULLY PAID
ORDINARY
SHARES IN ASM AT OFFER PRICE OF A$1.73 PER NEW SHARE
    * FUNDS RAISED WILL BE USED TO ACCELERATE ACTIVITIES AT
KOREAN
METALS PLANT, AMONG OTHERS

Source text for Eikon:  ID:nASX4VBBGP 
Further company coverage:  ASM.AX

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