Musgrave Minerals Ltd (ASX:MGV) $18M Raising to Fund Resource Growth and Company Presentation
$18M Raising to Fund Resource Growth and Company PresentationPerth, Dec 14, 2020 AEST (ABN Newswire) - Musgrave Minerals Limited (
FRA:6MU) is pleased to advise that it has received firm commitments to raise $16 million (before costs) via a placement of 44,444,445 shares (New Shares) at an issue price of $0.36 per New Share to corporate, institutional, professional and sophisticated investors (the Placement).
- Musgrave has received firm commitments of $16 million via a strongly supported Placement to corporate, institutional and sophisticated investors
- Share Purchase Plan (SPP) for all eligible shareholders targeting to raise $2 million at the same offer price as the Placement