Brief: Top Shelf International Announces Capital Raising To Raise Up To A$40M

Top Shelf International Holdings

29/05/2023 02:25

May 29 (Reuters) - Top Shelf International Holdings Ltd
 TSI.AX :
    * ANNOUNCES CAPITAL RAISING TO RAISE UP TO A$40M
    * NEW SHARES UNDER BOTH CONDITIONAL PLACEMENT & ENTITLEMENT
OFFER
WILL BE ISSUED AT A PRICE OF A$0.25 PER NEW SHARE
    * PROCEEDS WILL BE USED TO REPAY A PORTION OF CO'S SENIOR
SECURED
LOAN FACILITY WITH LONGREACH, AMONG OTHERS

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