By Laura Lutz
Des Moines, May 18 - Resource Pacific Holdings Ltd. settled a private placement of shares for A$47,129,200.
The company sold 23.6 million shares to Marubeni Corp. of Japan for A$1.997 per share.
Following the placement, the company has 231,218,643 shares outstanding.
Resource is a coal company based in Sydney, Australia.
| Issuer: | Resource Pacific Holdings Ltd.
|
| Issue: | Shares
|
| Amount: | A$47,129,200
|
| Shares: | 23.6 million
|
| Price: | A$1.997
|
| Warrants: | No
|
| Investor: | Marubeni Corp.
|
| Announcement date: | May 18
|
| Stock symbol: | Australia: RSP
|
| Stock price: | A$1.85 at close May 18
|
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