Renounceable Rights Issue Closes Heavily Oversubscribed
Filed with ASX · · 1 page · English
Summary by 6ix AI
Predictive Discovery Limited has announced that its renounceable Rights Issue has closed heavily oversubscribed, with significant demand exceeding the available shares. The Rights Issue aimed to raise funds and received subscriptions for a total of new shares, resulting in a shortfall of shares due to high demand. The company plans to use the proceeds from the Rights Issue and any additional placements to further its exploration strategy in West Africa and for general working capital.
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
- 5000m RC Drilling Program Commences at Bobosso Project
- Rights Issue Prospectus
- Predictive Discovery -$2.6 Million Renounceable Rights Issue
- Burkina Faso Joint Venture Underway
- Joint Venture on Burkina Faso Properties
Later from Predictive Discovery
- Update 5000m Trenching Program Toro JV Cote DIvoire
- Power Auger Drilling Commences in Burkina Faso
- Encouraging RC Drill Results From Bobosso Cote DIvoire
- Two RC Drilling Programs Underway in West Africa
- More Good Drill Results Bobosso JV Cote DIvoire
Follow Predictive Discovery into a list and get an email when it puts out news.
Follow Predictive Discovery