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Cohiba Minerals Limited (ASX:CHK) Share Purchase Plan Heavily Oversubscribed

Cohiba Minerals Limited (ASX:CHK) Share Purchase Plan Heavily Oversubscribed    Share Purchase Plan Heavily OversubscribedMelbourne, Dec 17, 2020 AEST (ABN Newswire) - Cohiba Minerals Limited ( ASX:CHK) is pleased to announce that, further to its announcement of 10 December 2020, the Company received strong support from eligible shareholders regarding the Company s Share Purchase Plan Offer ( SPP or SPP Offer ) with total application funds received under the SPP amounting to $9.38 million. Highlights - Company well funded to progress with exploration activities - Progress being made to identify further drill target at the Company s South Australian project areas Following the strong support from eligible shareholders, the Board using its discretion and as described in the SPP offer booklet, has decided to increase the size of the SPP and accept applications from eligible shareholders for shares under the SPP up to a total raising amount of $5.279 million before cost

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