Brief: Greenwing Resources Says Entered Into A Strategic Funding Transaction
Jan 13 (Reuters) - Greenwing Resources Ltd GW1.AX :
* ENTERED INTO A STRATEGIC FUNDING TRANSACTION WITH NIO INC
* COMPLETED PLACEMENT OF 21.8 MILLION FULLY PAID ORDINARY
SHARES
TO NIO FOR IN AGGREGATE A$12 MILLION
* ALSO GRANTED CALL OPTION TO NIO TO ACQUIRE BETWEEN 20% TO
40% OF
ISSUED CAPITAL OF ANDES LITIO SA
Source text for Eikon: ID:nASX97TSQ4
Further company coverage: GW1.AX
Recent news on Greenwing Resources
See all newsBrief: Greenwing Resources Announces A$5.5 Million Placement At Issue Price Of A$0.042 Per Share
Brief: Greenwing Resources Seeks Trading Halt
Brief: Greenwing Resources Says Drilling Confirms Lithium-Bearing Brine At San Jorge Project
Brief: Greenwing Resources Seeks Trading Halt Pending Bookbuild Outcome Announcement
Brief: Greenwing Resources Says Nio Does Not Exercise Call Option To Buy Andes Litio SA