Predictive Secures Underwriter for Rights Issue
Filed with ASX · · 3 pages · English
Summary by 6ix AI
Predictive Discovery Limited has announced that it has entered into an underwriting agreement with Shaw Corporate Finance Pty Ltd to fully underwrite its rights issue, as detailed in the filing. The rights issue allows eligible shareholders to subscribe for new shares at a specified price, with further details to be included in an upcoming offer booklet. The company plans to use the funds raised to support its exploration activities in Burkina Faso, which have shown promising results in recent drilling programs.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Predictive Discovery Limited on 6ix
Story so far
Earlier from Predictive Discovery
- New Gold Discovery and Positive Drill Results at Bonsiega
- Bonseiga Gold Project Strike Extended by 10km
- Placement to Raise $3.277m
- New Artisanal Gold Rush on Laterite Hill Goldfield
- Exploration Update - Eastern Burkina Faso Gold Project
Later from Predictive Discovery
- Additional 1.4km long gold-mineralised structure identified
- Consolidation of Benmara Uranium Project Land Position in NT
- Drilling Commences at Bangaba Project, Burkina Faso
- Large Gold Mineralised System at Dave and Dave East
- Quarterly Activities and Cash Flow Reports - 31 March 2011
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