Sundance Resources Limited (ASX:SDL) announced a private placement of 55,000,000 shares at a price of AUD 0.004 per share for gross proceeds of AUD 220,000 on January 2, 2019. The transaction included participation from returning investor AustSino Resources Group Limited (DB:GHJ) for 30,000,000 shares and Sea Honour Limited for 25,000,000 shares. The company will also issue 60,000,000 bonus options for AustSino Resources Group Limited (DB:GHJ) and 50,000,000 bonus options for Sea Honour Limited, 2 options per share issued, at an exercise price of AUD 0.006; the options will lapse 5 years after issue.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
- AUD | -.--% | -.--% | -.--% |
- Stock Market
- Equities
- ANS Stock
- News AustSino Resources Group Limited
- Sundance Resources Limited announced that it expects to receive AUD 0.22 million in funding from AustSino Resources Group Limited, Sea Honour Limited