Sydney - Thursday - June 5: (RWE Australian Business News) - NiPlats Australia Ltd (ASX:NIP) has completed a $2.72m capital raising through the issue of 6.8m shares at 40c each. The placement was made to professional investors and represents 10pc of the existing issued ordinary share capital of the company. NiPlats will apply the funds to expand the 2008 exploration program and to provide working capital.
NIP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held