Augusta Successfully Completes Institutional Entitlement Offer

  • May 07, 2020 NZST
  • Team Kalkine
Augusta Successfully Completes Institutional Entitlement Offer

Augusta Capital Limited (NZX:AUG) has finished the Institutional Entitlement Offer in combination with a $12.4 million fully underwritten placement.

  • The Institutional Entitlement Offer raised gross proceeds of about $21.6 million;
  • The retail component will be open on Friday, 8 May 2020 and the eligible shareholders will be able to subscribe for 1 New Share for every 1.9 Augusta shares held.

At NZST 01:32PM, the stock was trading at $0.765 per share, up by 7.14% from its previous close.

 


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