Brief: Odyssey Gold Seeks Placement And SPP To Raise Up To $15 Mln
May 31 (Reuters) - Odyssey Gold Ltd ODY.AX :
* PLACEMENT AND SPP TO RAISE UP TO $15 MILLION-ODY.AX
* TO ISSUE 79.8 MILLION NEW ORDINARY SHARES AT AN ISSUE
PRICE OF
$0.125 PER SHARE
* PROCEEDS FROM PLACEMENT & SPP WILL BE USED TO ACCELERATE
EXPLORATION AND DEVELOPMENT OF CO'S TUCKANARRA AND STAKEWELL
GOLD PROJECTS
* INTENDS TO OFFER A SHARE PURCHASE PLAN TO RAISE UP TO AN
ADDITIONAL $5.0 MILLION
Source text for Eikon: ID:nASX16ycYm
Further company coverage: ODY.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Odyssey Gold
See all newsBrief: Odyssey Gold Says Unit Commences Court Proceedings Against Monument
Brief: Odyssey Gold Terminates Toll Milling Agreement With Gylden Resources
Australia's Odyssey Gold falls to over a year low after toll milling deal termination
Brief: Odyssey Gold Seeks Trading Halt
Brief: Odyssey Gold Lodges Application For A Native Vegetation Clearing Permit For Tuckanarra Gold Project