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Investegate |Oilex Ltd Announcements | Oilex Ltd: Appointment of New CFO investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |Oilex Ltd Announcements | Oilex Ltd: Appointment of New CEO & Director investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Further to Oilex Ltd s (Oilex or the Company) announcement on 21 April 2021 in respect of its arranged equity capital raising of £2.4 million (A$4.3 million), the Company is pleased to announce it has issued 84,375,000 new ordinary shares comprising a partial completion of the 405,000,000 Tranche 1 ordinary shares. The remaining balance of 320,625,000 Tranche 1 ordinary shares is anticipated to be issued in early May 2021.
In regard to the equity capital raising, the Company will issue an aggregate of 1,008,403,361 new ordinary shares at GBP 0.238 pence (0.425 AUD cents) per share (Subscription), with the Subscription is to be completed in two tranches with each subscriber participating in Tranche 1 and 2 on a pro-rata basis: ....
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