Brief: Gascoyne Resources Announces Capital Raising Of Up To A$19M To Deliver Next Phase Of Exploration And Production Growth Strategy
28/03/2022 02:54
March 28 (Reuters) - Gascoyne Resources Ltd GCY.AX :
* CAPITAL RAISING OF UP TO A$19M TO DELIVER NEXT PHASE OF
EXPLORATION AND PRODUCTION GROWTH STRATEG Y
* A$15 MILLION SHARE PLACEMENT TO SOPHISTICATED AND
PROFESSIONAL
INVESTOR
* PROCEEDS TO BE USED TO REPAY BALANCE OF A$10 MILLION
CONVERTIBLE
NOTE DEBT TO ENTITIES CONTROLLED BY DEUTSCHE BALATON AG
Source text for Eikon: ID:nASX7lZ22t
Further company coverage: GCY.AX
((Reuters.Briefs@thomsonreuters.com;))
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