By Sheri Kasprzak
Atlanta, April 26 - Australis Aquaculture Ltd. said it has completed a direct placement of stock for A$3.66 million.
The company sold 6.1 million shares at A$0.60 each.
Based in Perth, Western Australia, Australis is a seafood production company. It plans to use the proceeds to fund the expansion of its U.S. Barramundi production facility near New York City.
| Issuer: | Australis Aquaculture Ltd.
|
| Issue: | Stock
|
| Amount: | A$3.66 million
|
| Shares: | 6.1 million
|
| Price: | A$0.60
|
| Warrants: | No
|
| Settlement date: | April 26
|
| Stock price: | A$0.56 at close April 26
|
|
|
© 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.
