By Laura Lutz
Des Moines, May 3 - Western Plains Resources Ltd. arranged a private placement of shares for A$3.445 million.
The company plans to sell 6.5 million shares at A$0.53 each.
Proceeds will be used for a feasibility study at the company's Peculiar Knob projects and further assessment of its Hawks Nest project.
Veritas Securities Ltd. is the agent.
Western Plains is a Sydney, Australia-based mining company.
| Issuer: | Western Plains Resources Ltd.
|
| Issue: | Shares
|
| Amount: | A$3.445 million
|
| Shares: | 6.5 million
|
| Price: | A$0.53
|
| Warrants: | No
|
| Agent: | Veritas Securities Ltd.
|
| Pricing date: | May 3
|
| Stock symbol: | Australia: WPG
|
| Stock price: | A$0.65 at close May 3
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
