E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/21/2006 in the Prospect News PIPE Daily.

New Issue: Leyshon wraps £2.65 million private placement of shares

By Sheri Kasprzak

New York, June 21 - Leyshon Resources Ltd. concluded a £2,657,000 private placement.

A group of institutional investors bought 17,713,333 shares at 15p each.

Mirabaud Securities Ltd. was the placement agent.

Proceeds from the offering will be used for drilling at the Zheng Guang gold-zinc-silver project and for working capital.

Leyshon, based in West Perth, Western Australia, is a mineral exploration company.

Issuer:Leyshon Resources Ltd.
Issue:Stock
Amount:£2,657,000
Shares:17,713,333
Price:15p
Warrants:No
Placement agent:Mirabaud Securities Ltd.
Settlement date:June 21
Stock symbol:London: LRL
Stock price:15.25p at close June 20

© 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.