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    TSI — Top Shelf International Holdings News Story

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    Brief: Top Shelf International Updates On Capital Raising And Strategic Review

    Picture of Top Shelf International Holdings logoTop Shelf International Holdings
    12/07/2023 02:29
    July 12 (Reuters) - Top Shelf International Holdings Ltd
 TSI.AX :
    * UPDATE ON CAPITAL RAISING AND STRATEGIC REVIEW
    * RECEIVED A$30M IN COMMITMENTS FROM PLACEMENT
    * POTENTIAL NON-CORE ASSET DIVESTMENTS ARE BEING CONSIDERED
    * PRIMARY FOCUS HAS BEEN ON POTENTIAL SALE OF CO-PACKING
SITE AT
CAMPBELLFIELD IN VICTORIA
    * PROGRESSED DISCUSSIONS WITH SEVERAL PARTIES RELATING TO
SALE
WITH A MINIMUM EXPECTED CONTRIBUTION OF A$5M
    * WELL PLACED FOR ONGOING REVENUE GROWTH IN FY24

Source text for Eikon:  ID:nASX7ysQVR 
Further company coverage:  TSI.AX 

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

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