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CORE ENERGY MINERALS LTD — Capital/Financing Update 2017
Nov 28, 2017
64702_rns_2017-11-28_2917fb29-4943-433d-a266-62fefe21980b.pdf
Capital/Financing Update
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OAKDALE RESOURCES LIMITED
ACN 009 118 861
8 Maud Street, Newstead Qld 4006 PO Box 3199 Newstead Qld 4006
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Phone: (07) 3624 8188 Fax: (07) 3624 8133 Email: [email protected] Web: oakdaleresources.com.au
29 November 2017
ASX ANNOUNCEMENT SUCCESSFULL COMPLETION OF SHARE PLACEMENT
Oakdale Resources Limited (ASX: OAR) is pleased to announce the successful completion of a placement of 2.9 million new securities.
Highlights
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Oakdale Resources Limited (ASX : OAR) raises $110,000 via share placement to sophisticated investors by issuing 2.9 million new shares at an issue price of 4 cents per share
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Proceeds from the capital raise will be used to fund the working capital requirements
This capital raising allows us to further develop the Oakdale Graphite Project and exploring a range of strategic commercial opportunities in associated areas that are aimed at further enhancing shareholder value.
For further information please contact John Lynch on (07) 3624 8188
Yours faithfully
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John E Lynch B. Sc (Sydney) M.Sc. (James Cook) FAICD and FAIMM Managing Director