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BETMAKERS TECHNOLOGY GROUP LTD — Capital/Financing Update 2018
Feb 18, 2018
64512_rns_2018-02-18_a288707c-8803-4cb7-bf6c-856b8c3bebd0.pdf
Capital/Financing Update
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TopBetta Holdings Limited ABN: 21 164 521 395 Phone: 1300 886 503 Fax: +612 4962 2553 22 Lambton Road Broadmeadow NSW 2292
19 February 2018
**TOPBETTA
CONDUCTS $1M PLACEMENT**
The Board of TopBetta Holdings Limited (ASX:TBH) (“TopBetta” or the “Company”) is pleased to announce that the Company has received firm commitments to subscribe for 3,508,771 fully paid ordinary shares (“ Placement Shares ”) to raise AUD$1M at 28.5 cents per Placement Share from sophisticated and institutional investors (“ Placement ”).
The Placement is expected to be completed within 5 business days and the Placement Shares will be issued without disclosure under the Company’s placement capacity under ASX Listing Rule 7.1.
Funds received will be used primarily for working capital and to strengthen the Company’s future cash flow obligations.
For further information, please contact:
Charly Duffy Jane Morgan Company Secretary Investor & Media Relations [email protected] [email protected] + 61 (0) 409 083 780 + 61 (0) 405 555 618
topbetta.com.au • [email protected] • Postal Address: PO Box 33 Broadmeadow NSW 2292