By Laura Lutz
Des Moines, April 13 - Giralia Resources NL secured A$6.24 million from a private placement of shares.
The company agreed to sell 8 million shares to several European and Australian institutions and sophisticated investors at A$0.78 per share.
Proceeds will be used for evaluation and exploration on the company's projects.
The company expects to issue the shares on April 18.
Giralia is a resource exploration company based in West Perth, Australia.
| Issuer: | Giralia Resources NL
|
| Issue: | Shares
|
| Amount: | A$6.24 million
|
| Shares: | 8 million
|
| Price: | A$0.78
|
| Warrants: | No
|
| Announcement date: | April 13
|
| Settlement date: | April 18
|
| Stock symbol: | Australia: GIR
|
| Stock price: | A$0.815 at close April 13
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
