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News: IRD Iron Road to conduct A$1.05 mln institutional placement of new shares

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    16/06/16
    10:24
    Post #: 18044385

    June 16 (Reuters) - Iron Road Ltd (IRD) :

    • Will be conducting $1.05 million institutional placement of new shares to certain institutional shareholders of Iron Road
    • Expects to raise at least $9.23 million in gross proceeds from entitlement offer and placements
    • Announces non-renounceable entitlement offer of new Iron Road shares at an offer price of $0.10 per new share
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