By Sheri Kasprzak
New York, June 7 - Dynasty Metals Australia Ltd. intends to raise A$1,000,006 in a private placement.
The deal includes 3,571,450 shares at A$0.28 apiece offered to sophisticated investors.
Cube Financial Group Pty. Ltd. is the placement agent.
The proceeds will be used for working capital.
Based in Nedlands, Western Australia, Dynasty is a mineral exploration company.
| Issuer: | Dynasty Metals Australia Ltd.
|
| Issue: | Stock
|
| Amount: | A$1,000,006
|
| Shares: | 3,571,450
|
| Price: | A$0.28
|
| Warrants: | No
|
| Placement agent: | Cube Financial Group Pty. Ltd.
|
| Pricing date: | June 7
|
| Stock symbol: | Australia: DMA
|
| Stock price: | A$0.30 at close June 7
|
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