Brief: Latrobe Magnesium To Raise A$8.5 Million In New Equity Capital
BRIEF-Latrobe Magnesium To Raise A$8.5 Million In New Equity Capital Sept 22 (Reuters) - Latrobe Magnesium Ltd LMG.AX:
TO RAISE A$8.5 MILLION IN NEW EQUITY CAPITAL
PLACEMENT WILL RAISE A$5.1 MILLION BY ISSUING 339.0 MILLION NEW SHARES AT A$0.015 PER SHARE
INSTITUTIONAL PLACEMENT TO RAISE A$5.1 MILLION AND UNDERWRITTEN NON-RENOUNCEABLE ENTITLEMENT OFFER OF A$3.4 MILLION
PLACEMENT AT OFFER PRICE A$0.015 PER SHARE
Further company coverage: LMG.AX
((Reuters.Briefs@thomsonreuters.com;))
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