Brief: Metal Bank Announces Placement And Entitlement Offer To Raise Up To A$2.65M
Sept 5 (Reuters) - Metal Bank Ltd MBK.AX :
* PLACEMENT AND ENTITLEMENT OFFER TO RAISE UP TO A$2.65M
* BINDING COMMITMENTS RECEIVED FOR A$1.15M PLACEMENT AT
A$0.034
PER SHARE
* TO UNDERTAKE A PRO-RATA NON-RENOUNCEABLE ENTITLEMENT OFFER
OF
ONE (1) NEW SHARE FOR EVERY SEVEN (7) SHARES
Source text for Eikon: ID:nASX47xgN0
Further company coverage: MBK.AX
((Reuters.Briefs@thomsonreuters.com;))
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