🕐24.02.11 - 03:54 Uhr
Reed to raise $40 million through Placement and underwritten Share Purchase Plan
Dear Subscriber,
Reed wishes to advise that it is raising $40m through a placement and a share purchase plan at an issue price of 58c per share.
The funds are to be applied to the acquisition of the 2.5m ounce Meekatharra Gold Project and to supplement existing working capital.
For further information, please refer to the announcement at
http://www.reedresources.com
Regards
The Reed Resources Team
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