By Sheri Kasprzak
New York, June 7 - Trojan Equity Ltd. wrapped a A$1,382,780 private placement.
The company issued 1,162,000 shares at A$1.19 each to a group of sophisticated and professional investors.
Each share included one option, exercisable at A$1.00 each through June 17, 2008.
The proceeds will be used for the company's investment activities.
Based in Brisbane, Australia, Trojan is an investment company.
| Issuer: | Trojan Equity Ltd.
|
| Issue: | Stock
|
| Amount: | A$1,382,780
|
| Shares: | 1,162,000
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| Price: | A$1.19
|
| Options: | One per share
|
| Options expiration: | June 17, 2008
|
| Options price: | A$1.00
|
| Settlement date: | June 7
|
| Stock symbol: | Australia: TJN
|
| Stock price: | A$1.11 at close June 7
|
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