Prospect Resource Announces to Raise $968,000

January 14, 2020 01:17 PM AEDT
Team Kalkine

Prospect Resources Limited (ASX:PSC) has announced that it has received subscriptions for 4.84m new ordinary shares at A$0.20 per share to raise A$968,000.

The Proceeds of the placement will be used as working capital in line with the company’s announcement of 30 December 2019 and the new shares will be issued using the Company’s existing capacities.

By 1:10 PM, PSC stock was trading at $0.275, up by 19.565% from previous close.

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