Brief: Structural Monitoring Systems Receives Binding Commitments To Raise About AUD $1.7 Million
14/09/2022 02:51
Sept 14 (Reuters) - Structural Monitoring Systems PLC
SMN.AX :
* RECEIVED BINDING COMMITMENTS TO RAISE ABOUT AUD $1.7
MILLION
* PLACEMENT THROUGH ISSUE OF UP TO 5.5 MILLION NEW CDIS AT
ISSUE
PRICE OF AUD $0.35 PER CDI
* FUNDS FROM PLACEMENT WILL BE APPLIED TO ACCELERATE
COMPANY'S
CVMTM COMMERCIALISATION
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