AI assistant
Prairie Mining Ltd. — Capital/Financing Update 2020
Sep 16, 2020
10239_rns_2020-09-16_533a093b-1603-4c2d-8d9d-d6915b44d1af.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 113] intentionally omitted <==
NEWS RELEASE | 17 September 2020
SHARE PURCHASE PLAN RESULTS
Prairie Mining Limited ( Prairie or Company ) is pleased to announce that the Company has received valid applications for a small oversubscription of 16,080,000 shares at an issue price of A$0.25 each to raise A$4.02 million under the Company’s share purchase plan ( SPP ).
Pursuant to the SPP, the Company will accept all valid applications and there will be no scale back.
Valid applicants under the SPP will receive a letter in the coming days from Computershare with confirmation of their personal allocations. All invalid applications will receive a refund cheque.
The shares for the SPP are likely to be issued on 23 September 2020 with trading on the ASX to commence on 25 September 2020.
For further information, please contact:
Prairie Mining Limited Tel: +44 207 478 3900 Ben Stoikovich, Chief Executive Officer Email: [email protected] Sapan Ghai, Head of Corporate Development Kazimierz Chojna, Commercial Officer
This announcement has been authorised for release by the Company Secretary.
Prairie Mining Limited | LSE / ASX / GPW: PDZ | ABN: 23 008 677 852 | www.pdz.com.au LONDON Unit 3C, 38 Jermyn Street | London | SWY1 6DN | T: +44 207 478 3900 PERTH Level 9, 28 The Esplanade, Perth WA 6000 | T: +61 8 9322 6322 | F: +61 8 9322 6558 WARSAW Wiejska 17/11 | Warsaw | 00-480