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BJV — Yamada Green Resources News Story

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Brief: Yamada Green Resources proposes to issue shares

July 8 (Reuters) - Yamada Green Resources Ltd  YAMR.SI : 
 
 * Proposes to issue up to an aggregate of 14.6 million new ordinary shares 
 * Entered into a placement agreement with wang haihua 
 * Deal for placement price of s$0.2928 per placement share 
 * Net proceeds from placement after deducting expenses incurred in connection  with placement is expected to amount to about s$4.2 million 
 * Proceeds may be placed as deposits with financial institutions or invested in short term money markets or debt instruments 
 
* Source text for Eikon  ID:nSNZ3SfPzD  
 
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