(MENAFN- Media OutReach Limited) Melbourne, Victoria - News Direct - 30 November 2022 -
Critical Resources Ltd (ASX:CRR | FRA:9S70) managing director Alex Cheeseman tells Proactive they're raising A$6.7 million at a significant premium thanks to a flow-through share provision under Canadian tax law. The flow-through shares — which will immediately be sold on to institutional and sophisticated investors under a block trade agreement — will be placed at A$0.08 per share, a 45% premium to CRR's last close price.
Hashtag: #CriticalResources
The issuer is solely responsible for the content of this announcement.
MENAFN29112022003551001712ID1105245147
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.