ACG Metals Ltd (LSE:ACG, OTC:ACGAF) has increased the size of its RetailBook Offer after the fundraising drew significantly more demand than expected.
The company lifted the retail tranche from $500,00 to US$1 million. It said the offer attracted strong backing from both existing and new investors and closed on 12 November.
The retail element has conditionally raised around $1 million. In total, ACG has secured about $16 million in gross proceeds.