Brief: Cradle Resources Updates On Share Placement

Earths Energy

31/01/2018 01:04

Jan 31 (Reuters) - Cradle Resources Ltd  CXX.AX : 
    * 19.5 MILLION SHARES ISSUED TO INSTITUTIONAL AND 
SOPHISTICATED 
INVESTORS TO RAISE $2.3 MILLION 
    * RECEIVED CASH PROCEEDS OF $2.9 MILLION IN RELATION TO 
PREVIOUSLY 
ANNOUNCED PLACEMENT OF 44.6 MILLION SHARES AT ISSUE PRICE OF 
$0.12 PER SHARE 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nASX74GGVs 
Further company coverage:  CXX.AX  
 
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