Walkabout Resources (ASX:WKT) set to raise $6.4M for Lindi Jumbo Mine
Source: Walkabout Resources [Twitter]
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Walkabout Resources (WKT) has received firm commitments to raise $6.4 million under phase one of its capital raise
All up, 32 million ordinary shares will be issued to institutional investors at 20 cents, a 38.5-per-cent discount to Walkabout s last close of 32.5 cents on May 3
The company will also be undertaking a one for 10 non-renounceable rights issue to raise up to $7.6 million
Shares will also be offered at 20 cents and if the full amount is not taken up by shareholders, then the board may take it up
Walkabout Resources Ltd moves closer to Lindi Jumbo construction on securing US$20 million finance facility
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Walkabout Resources Ltd in trading halt pending announcement of Lindi Jumbo Project funding process
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