ActivEX (ASX:AIV) is raising funds through a private placement to fund exploration.
The company has entered agreements with ASF Gold and Copper Pty Ltd and Start Grand Global Limited to place 15.625 million shares at $0.08 to raise $1.25 million.
The issue price is a 38% premium to the last traded price of $0.058.
Following receipt of the Placement funds ASF Gold and Copper Pty Ltd will hold 19.61% and Start Grand Global Limited will hold 7.57% of ActivEX.
Exploration recently in Queensland yielded rock assays of 38.9% copper and 49.5g/t gold.
Price: 0.13 AUD
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
FOR OUR FULL DISCLAIMER CLICK HERE
Amryt Pharma's LON:AMYT) Rory Nealon presents at the Proactive One2One virtual conference. Amryt Pharma is a commercial stage pharmaceutical company focused on developing and delivering innovative new treatments to help improve the lives of people with rare and orphan diseases. The company...
Retail & consumer
