AI assistant
MACRO METALS LIMITED — Capital/Financing Update 2019
Jan 31, 2019
65283_rns_2019-01-31_38b978e4-175e-4a38-83f4-6eea4b127eaf.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 143] intentionally omitted <==
----- Start of picture text ----- Nigerian SubsidiaryNigerian Subsidiary Nigerian Subsidiary----- End of picture text -----
1 February 2019
Capital Raising
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$0.56m before costs.
The placement of 6.6 million ordinary fully paid shares at 8.5 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 progress work on ongoing studies required for the Agbaja Cast Steel Project Definitive Feasibility Study and to provide working capital.
For more information, please contact:
Kogi Iron Limited Tel (office): +61 8 9200 3456 Email: [email protected]
| KFE Capital Summary | Board of Directors | Contact |
|---|---|---|
| Ordinary Shares: 654,871,213 | Mr Don Carroll –Non-Executive Chairman | Unit 23, 4 Ventnor Avenue, |
| Share price: $0.11 | Mr Martin Wood –Managing Director | West Perth WA 6005 |
| Market capitalisation: $72m | Mr Greg Boulton –Non-Executive Director | Tel : +61 8 9200 3456 |
| Mr Michael Tilley –Non-Executive Director | Email:[email protected] | |
| W: www.kogiiron.com |