Brief: Thomson Resources Agreed Rather Than Continuing With Convertible Debt Securities, An Alternative Funding Transaction Is In Best Interests Of Co
19/04/2022 02:44
April 19 (Reuters) - Thomson Resources:
* AGREED THAT RATHER THAN CONTINUING WITH CONVERTIBLE DEBT
SECURITIES, AN ALTERNATIVE FUNDING TRANSACTION IS IN BEST
INTERESTS OF CO
* ORDINARY SHARES OF UP TO 80 MILLION SHARES WILL BE PLACED
AT 4.1
AU CENTS PER SHARE
* PROCEEDS RECEIVED UNDER PLACEMENTS WILL BE UP TO A$3.3
MILLION
* REFERS TO ANNOUNCEMENT IN ASX RELEASE DATED 28 MARCH
Source text for Eikon: ID:nASX6srg1d
Further company coverage: TMZ.AX
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