Predictive Discovery Completed $1.95 Million Capital Raising

  • Nov 29, 2019 AEDT
  • Team Kalkine

Predictive Discovery Limited (ASX: PDI) announced that it has completed its Share Purchase Plan (SPP) on 25 November 2019 and had received application for 19,850,000 fully paid ordinary shares in the Company and raised $198,500.

With this, the total capital raised in the past six weeks along with the recent $1.75 million placement commitment, has reached to $1.95 million. The shares subscribed under the SPP will be issued today and tranche 2 placement shares after the settlement on 4 December 2019.

The funds raised would support the company during the drilling of promising gold targets across its 100%-owned portfolio in Guinea and its equity contributions to the Resolute Joint Venture in Cote D’Ivoire.

 

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