By Devika Patel
Knoxville, Tenn., Nov. 27 - Healthzone Ltd. said it will conduct a A$6 million private placement of shares.
The company will sell 10 million shares at A$0.60 per share.
Settlement is expected Dec. 3.
Healthzone, based in Lane Cove, Australia, operates a portfolio of consumer product and retail businesses in the wellness sector.
| Issuer: | Healthzone Ltd.
|
| Issue: | Shares
|
| Amount: | A$6 million
|
| Shares: | 10 million
|
| Price: | A$0.60
|
| Warrants: | No
|
| Pricing date: | Nov. 27
|
| Settlement date: | Dec. 3
|
| Stock symbol: | Australia: HZL
|
| Stock price: | A$0.66 at close Nov. 27
|
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