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Oversubscribed Placement & Share Purchase Plan
Azumah Resources Limited (Azumah or Company) is pleased to announce that it has received binding commitments for a share placement to raise $800,000 before costs (Placement).
The Company will also be conducting a Share Purchase Plan to existing eligible shareholders to raise $1,200,000 (SPP).
The new shares will be issued at a price of 4.4 cents which represents a 20% discount to the volume weighted average price over the last five days of trade prior to the Company� trading halt on 16 June 2016. The SPP is fully underwritten.
The additional funds will be applied primarily to test compelling exploration targets that have been delineated at Manwe, at the recently acquired Julie West project and at several other prospects at its Wa Gold Project, Ghana.
Download the full announcement. |
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Azumah Resources Limited
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EN DÉVELOPPEMENT |
CODE : AZM.AX |
ISIN : AU000000AZM5 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Azumah Res. est une société d’exploration minière d'or basée en Australie. Son principal projet en développement est WA au Ghana et ses principaux projets en exploration sont KUNCHE et BEPKONG au Ghana. Azumah Res. est cotée en Australie. Sa capitalisation boursière aujourd'hui est 18,6 millions AU$ (12,4 millions US$, 11,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 novembre 2010 à 0,83 AU$, et son plus bas niveau récent le 02 août 2019 à 0,01 AU$. Azumah Res. possède 582 569 984 actions en circulation. |