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Twenty Seven Co Ltd closes rights issue oversubscribed and raises $2.7 million


Twenty Seven Co closes rights issue oversubscribed and raises $2.7 million
Funds raised will be used to assess exploration and mining opportunities at the Mt Dimer mining lease following a recent successful exploration campaign.
The rights issue attracted strong support from shareholders and new institutional and professional investors.
Twenty Seven Co Ltd (ASX:TSC) has closed its partially-underwritten renounceable rights issue strongly oversubscribed, raising around $2.7 million.
The rights issue received strong support from shareholders and new institutional and professional investors.
Following completion of the issue, the company is now well funded to advance its prospective suite of exploration assets.
TSC’s chief executive officer Simon Phillips: “We would like to thank our shareholders for the support they have shown during this Rights Issue, demonstrating their continued commitment to the company and enthusiasm for our future as we ....

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