By Laura Lutz
Des Moines, Aug 21 - Van Eyk Three Pillars Ltd. arranged a private placement of shares for up to A$11,448,633.30.
The company will sell up to 10,357,005 shares to professional and sophisticated investors for A$1.1054 each.
The price is the same as the price in the company's recent share purchase plan, in which the company sold 2,620,524 shares to existing stockholders.
The deal, which is expected to settle on Aug. 28, represents 14.99% of the company's issued capital.
Van Eyk Three Pillars is an investment company based in Sydney, New South Wales, Australia.
| Issuer: | Van Eyk Three Pillars Ltd.
|
| Issue: | Stock
|
| Amount: | A$11,448,633.30
|
| Shares: | 10,357,005
|
| Price: | A$1.1054
|
| Warrants: | No
|
| Pricing date: | Aug. 21
|
| Settlement date: | Aug. 28
|
| Stock symbol: | ASX: VTP
|
| Stock price: | $1.14 at close on Aug. 21
|
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