Brief: Murray Cod Australia Announces Launch Of A Fully Underwritten Institutional Placement To Raise About A$30 Mln

Murray Cod Australia

12/11/2021 08:23

Nov 12 (Reuters) - Murray Cod Australia Ltd  MCA.AX :
    * ANNOUNCES LAUNCH OF A FULLY UNDERWRITTEN INSTITUTIONAL
PLACEMENT
TO RAISE ABOUT A$30 MILLION
    * CO AIMS TO RAISE A FURTHER A$3 MILLION, IN ORDER TO
ACCELERATE
GROWTH IN PRODUCTION
    * MCA SHARES WILL REMAIN IN TRADING HALT TODAY WHILE
PLACEMENT IS
CONDUCTED
    * ABOUT 90 MILLION SHARES TO BE ISSUED AT A FIXED PRICE OF
A$0.335
PER SHARE

Source text for Eikon:  ID:nASX9Yby28 
Further company coverage:  MCA.AX 

 ((Reuters.Briefs@thomsonreuters.com;))