Brief: Rex Minerals Announces Strategic Placement

Rex Minerals

16/01/2024 01:09

Jan 16 (Reuters) - Rex Minerals Ltd  RXM.AX :
    * STRATEGIC PLACEMENT AND ACCELERATED NON-RENOUNCEABLE
ENTITLEMENT
OFFER
    * PARTIALLY UNDERWRITTEN 1 FOR 6 ACCELERATED
NON-RENOUNCEABLE
PRO-RATA ENTITLEMENT OFFER
    * PRO-RATA ENTITLEMENT OFFER AT 17 AU CENTS PER SHARE TO
RAISE UP
TO A$18 MILLION
    * FULLY UNDERWRITTEN STRATEGIC PLACEMENT TO RAISE A$11.8
MILLION
AT 18.5 AU CENTS PER SHARE

Source text for Eikon:  ID:nASX5fCx4Y 
Further company coverage:  RXM.AX 

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