Merino & Co LimitedASX: MNC

Placement Announcement

· Issued by Merino & Co Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Merino & Co Limited has announced a placement of new shares to raise funds for operational activities and the launch of its new sub-brand YÙE and associated botanical dye project YÙE+U. The placement involves the issuance of new shares at a price that reflects a premium to the recent average share price. The funds will support ongoing marketing efforts and general working capital needs. The company plans to provide further details about the YÙE and YÙE+U launch in the near future.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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