PDI: Underwritten Rights Issue & Placement
Filed with ASX · · 4 pages · English
Summary by 6ix AI
Predictive Discovery Limited has announced a fully underwritten rights issue and placement to raise funds for exploration activities at its Bongou Gold deposit in Burkina Faso. Additionally, the company has secured commitments for a placement to professional investors to further support its funding needs. The funds will primarily be used for drilling and exploration around the Bongou deposit and for working capital purposes.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Predictive Discovery Limited on 6ix
Earlier from Predictive Discovery
- Quarterly Cashflow Report - 31 December 2010
- Encouraging Drilling Results from Initial Burkina Program
- Admission to Official List
- Quarterly Activities and Cash Flow Reports - 31 March 2011
- Large Gold Mineralised System at Dave and Dave East
Later from Predictive Discovery
- High Grade Gold Drill Results From Victorian Joint Venture
- Exploration Update- Cote DIvoire
- Large Gold Anomaly Defined in Cote DIvoire
- 7.5m at 16 gt Au From Surface Cote DIvoire Diamond Drilling
- Amendment to Assay Highlight Result KOD001 CDI Drilling
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