Moho Resources Ltd (ASX:MOH) closed its non-renounceable entitlement issue on November 9. The offer was extended to eligible shareholders of the company as at October 26.
Under the offer, eligible shareholders were entitled to one fully paid ordinary share for every two shares held at an issue price of $0.007 per share to raise up to $1,190,156.
The company received applications to subscribe for 26,349,740 new shares, representing around 15% of all new shares under the offer.
This offer is underwritten by RM Capital Pty Ltd.