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MACRO METALS LIMITED — Capital/Financing Update 2018
Feb 1, 2018
65283_rns_2018-02-01_b74d7b8f-df00-4257-afc4-dfa7f045b2c4.pdf
Capital/Financing Update
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2 February 2018
Share Placement
Kogi Iron Limited (ASX: KFE, “Kogi”, “the Company”) is pleased to announce that firm placement commitments have been received from professional and sophisticated investors to raise A$1,910,000 before costs.
The placement of 19.10 million ordinary fully paid shares at 10 cents will be completed pursuant to the Company’s 15% placement capacity under ASX Listing Rule 7.1.
Funds raised pursuant to the share placement will be used to fund testwork programs for the Agbaja Project, executive recruitment and salary costs, in-country costs and to provide working capital.
For more information, please contact:
Kogi Iron Limited Tel (office): +61 8 9200 3456 Email: [email protected]
| KFE Capital SummaryOrdinary Shares: 592,154,685Unlisted options: 29.8mShare price: $0.115Market capitalisation: $68m | Board of DirectorsDr Ian Burston –Non Executive ChairmanMr Kevin Joseph –Executive DirectorMr Don Carroll –Non Executive DirectorMr Michael Tilley –Non Executive DirectorMr Martin Wood –Managing Director | ContactUnit 23, 4 Ventnor Avenue,West Perth WA 6005Tel : +61 8 9200 3456Email: [email protected]W: www.kogiiron.com |
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