PXX 3.49% 8.9¢ polarx limited

NB Point 2The Company notes that it has sufficient placement...

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    NB Point 2
    The Company notes that it has sufficient placement capacity under Listing Rules 7.1 and 7.1A to fund its operations. The Company also notes that it has a track record of being able to secure adequate funding and given the factors below, believes that it will be able to raise the required funding for future operations:
     current market capitalisation;
     underlying prospects for the Company’s mineral assets; and
     composition of its shareholder base.
    The Company’s future financing activities may be undertaken via a variety of means including a share placement, rights issue or joint venture arrangement.
    Who's the major taking the 10% placement? wink.png
    Last edited by HarryKane: 16/05/19
 
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