Raises A$10 Million In Heavily Oversubscribed Placement

Turaco Gold

18/11/2021 01:52

Nov 18 (Reuters) - Turaco Gold Ltd  TCG.AX :
    * RAISES A$10 MILLION IN HEAVILY OVERSUBSCRIBED PLACEMENT
    * PLACEMENT COMPRISED ISSUE OF 83.3 MILLION FULLY PAID
ORDINARY
SHARE AT ISSUE PRICE OF 12 AU CENTS PER SHARE
    * WELL FUNDED TO  EXECUTE EXPLORATION STRATEGY WITH OVER
A$15
MILLION CASH FROM PLACEMENT PROCEEDS ALONG WITH EXISTING CASH OF
A$5.4 MILLION

Source text for Eikon:  ID:nASX7yjHqP 
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