Brief: Yandal Resources Ltd Says Seeking To Raise Up To About A$6.8 Million By A Pro-Rata Non-Renounceable Rights Offer
Nov 19 (Reuters) - Yandal Resources Ltd YRL.AX :
* SEEKING TO RAISE UP TO ABOUT A$6.8 MILLION BY A PRO-RATA
NON-RENOUNCEABLE RIGHTS OFFER
* FUNDS TO BE USED FOR ACCELERATED EXPLORATION ON CO'S
PROJECTS,
AS ADDITIONAL WORKING CAPITAL AND TO MEET OFFER EXPENSES
* OFFER OF UP TO 17 MILLION NEW SHARES ON BASIS OF 1 NEW
SHARE FOR
EVERY 6 SHARES
Source text for Eikon: ID:nASXbQLSdf
Further company coverage: YRL.AX
((Reuters.Briefs@thomsonreuters.com;))
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