Metal Bank LtdASX: MBK

Metal Bank Share Placement

· Issued by Metal Bank Ltd

Filed with ASX · · 2 pages · English

The Board of Metal Bank Limited (ASX: MBK) (MBK or the Company) is pleased to advise that it has received placement applications from sophisticated investors for the placement of 33,333,333 million shares at 1.5 cents per share representing a 50% premium to the closing price of 1 cent on 7 September 2015 and a discount of 15% to the 30 day Volume Weighted Average Price of 1.77 cents for the Compan

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