Brief: BCI Minerals Launches A$315 Million Fully Underwritten Equity Raising

BCI Minerals

31/01/2024 23:07

Feb 1 (Reuters) - BCI Minerals Ltd  BCI.AX :
    * A$315 MILLION FULLY UNDERWRITTEN EQUITY RAISING LAUNCHED
    * TO RAISE A$315 MILLION THROUGH AN ACCELERATED
NON-RENOUNCEABLE
ENTITLEMENT OFFER AND PLACEMENT
    * PROCEEDS TO FORM FINAL COMPONENT OF FUNDING FOR CO'S BASE
CASE
CAPITAL REQUIREMENTS FOR 'SALT FIRST' COMPONENT OF MARDIE
PROJECT
    * AUSTRALIANSUPER SUB-UNDERWRITING UP TO A$112.5 MILLION OF
RETAIL
ENTITLEMENT OFFER

Source text for Eikon:  ID:nASX3rvVzP 
Further company coverage:  BCI.AX 

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