Surefire to Raise $1.15 million Before Cost; Appoints CPS Group as a Lead Manager and Broker

  • Sep 25, 2019 AEST
  • Team Kalkine

Surefire Resources NL (ASX: SRN) received firm commitments from professional and sophisticated investors to raise up to $1.15 million before cost.

  • The placement will mark an issue of 125,000,000 fully paid ordinary shares at an issue price of $0.0092 each.
  • The issue price of $0.0092 marks a 15.26 per cent discount to the 15-day volume-weighted average price (or VWAP).
  • Surefire appointed CPS Capital Group Pty Ltd as a Lead Manager and Broker to the placement.
  • CPS Group would provide corporate advisory services as well on a non-exclusive basis.


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