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News: CAS Crusader Resources Says Copulos Group Has Agreed To Underwrite $2.5 Million Of Rights...

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    22/02/19
    17:35
    Post #: 37535887

    Feb 22 (Reuters) - Crusader Resources Ltd (CAS) :

    • COPULOS GROUP HAS AGREED TO UNDERWRITE $2.5 MILLION OF RIGHTS ISSUE
    • STEPHEN COPULOS WILL BE APPOINTED AS NON-EXECUTIVE CHAIRMAN
    • CO'S CHAIRMAN, ANDREW VICKERMAN, & MANAGING DIRECTOR, MARCUS ENGELBRECHT, HAVE ELECTED TO STEP DOWN FROM BOARD
    • INTENDING TO UNDERTAKE A NON-RENOUNCEABLE PRO RATA ENTITLEMENT OFFER TO ELIGIBLE SHAREHOLDERS TO RAISE ABOUT $4.2 MILLION
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