Tempus Closes A $1.9 Million Private Placement
ACCESSWIRE
14 May 2021, 21:05 GMT+10
PERTH, AUSTRALIA / ACCESSWIRE / May 14, 2021 / Tempus Resources Ltd ('Tempus' or the 'Company') (ASX:TMR)(TSX.V:TMRR) is pleased to announce that it has closed the non-brokered private placement announced on 23 April 2021 (the 'Placement').
The Placement has been completed utilising the Company's available capacity under ASX Listing Rules 7.1 and 7.1A. It includes two tranches: Tranche 1, which consists of 6,037,736 ordinary shares issued on 12 May, 2021, as 'Canadian flow-through shares' at a price of C$0.155 (approximately A$0.163) per share for proceeds of approximately C$935,849; and Tranche 2, which consists of 6,065,425 ordinary shares issued on 30 April 2021 at a price of A$0.145 (approximately C$0.138) per share for proceeds of approximately A$879,487. The total proceeds from both Tranche 1 and Tranche 2 of the Placement are approximately A$1,866,149 (C$1,770,042). Following the completion of the Placement, the Company has 98,744,613 shares on issue.