Brief: Peako Says Undertaking A 2 For 5 Renounceable Rights Issue
March 13 (Reuters) - Peako Ltd PKO.AX :
* UNDERTAKING A 2 FOR 5 RENOUNCEABLE RIGHTS ISSUE
* PROCEEDS FROM RAISING WILL BE USED TO FUND PLANNED 2023
EXPLORATION AT EASTMAN PGE PROJECT
* NEW SHARES TO BE ISSUED AT A$0.01 PER SHARE
* RIGHTS ISSUE TO RAISE UP TO A$1.5 MILLION BEFORE COSTS
Source text for Eikon: ID:nASX5Yz3w2
Further company coverage: PKO.AX
((Reuters.Briefs@thomsonreuters.com;))