1. Most Discussed
  2. Gainers & Losers
RTG 10.5¢

News: RTG Mining heads to market

  1. RTG Mining (ASX:RTG, TSE:RTG) has been granted an ASX trading halt to assist in managing its disclosure obligations in relation to a proposed capital raising.

    The company had announced yesterday on the Toronto Stock Exchange that it had entered into an agreement with a syndicate of agents to raise up to A$12 million through a private placement of shares priced at $0.68 each.

    This will be led in North America by Haywood Securities Inc. and co-led in Australia by Hartleys Limited and GMP Securities Australia.

    RTG reserves the right to accept over-allotments of up to A$3 million.

    The ASX halt will last until the earlier of the announcement being made or the start of trade on Tuesday, 10th February 2015.

     

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.