By Devika Patel
Knoxville, Tenn., Oct. 15 - Meteoric Resources NL said it plans a A$1.86 million private placement of shares.
The company will sell 9.31 million ordinary shares at A$0.20 apiece.
Proceeds will be used for exploration.
The gold and base metal explorer is based in Western Perth, Australia.
Issuer: | Meteoric Resources NL
|
Issue: | Ordinary shares
|
Amount: | A$1,862,000
|
Shares: | 9.31 million
|
Price: | A$0.20
|
Warrants: | No
|
Settlement date: | Oct. 15
|
Stock symbol: | Australia: MEI
|
Stock price: | A$0.25 at close Oct. 15
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