Brief: Bluglass To Acquire Commercial Silicon Valley Laser Diode Production Facility Lease And Manufacturing Equipment For Us$2.5 Mln
24/03/2022 01:33
March 24 (Reuters) - BluGlass Ltd BLG.AX :
* BLUGLASS TO ACQUIRE COMMERCIAL SILICON VALLEY LASER DIODE
PRODUCTION FACILITY LEASE AND MANUFACTURING EQUIPMENT FOR US$2.5
MILLION
* TO FUND ACQUISITION AND ONGOING OPERATION OF PRODUCTION
FACILITY, BLUGLASS HAS SECURED A$3.4 MILLION VIA A PLACEMENT
* PLACEMENT AT AN ISSUE PRICE OF A$0.03 PER SHARE
Further company coverage: BLG.AX
Recent news on Bluglass
See all newsBrief: Bluglass Executes A$1 MLN Option Shortfall Agreement
Australia's BluGlass rises on securing $1 million capital
Australia's BluGlass falls on discounted placement
Brief: Bluglass Says Co Receives Firm Commitments For A$8 Million Placement
Brief: Bluglass Seeks Trading Halt Pending Announcement On Proposed Capital Raising