SER 11.1% 1.0¢ strategic energy resources limited

Ann: Cancellation of Entitlement Offer, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 830 Posts.
    lightbulb Created with Sketch. 17
    Strategic Energy Resources Cancellation of Rights Issue
    Ionic Industries and SER
    Dear shareholders and supporters,

    We have received a number of enquiries following the announcement today by Strategic Energy Resources (ASX:SER) that it has cancelled its current rights issue. There is some concern that this will have an adverse impact on Ionic's own capital raising initiatives.

    We would like to take this opportunity to reassure you that, while Ionic enjoys a strong relationship with SER as our major shareholder, we are not dependent on them. We look forward to the success of our Rights Issue and General Offer based on the strength we have built in the company in the years since we demerged from SER.

    We note that SER has foreshadowed an alternate capital raising plan, which it will announce in the near future, and we look forward to working with them once those plans are developed.

    All the best,

    Simon Savage
    Managing Director
    Ionic Industries
 
watchlist Created with Sketch. Add SER (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $14.71M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $3.08K 319.0K

Buyers (Bids)

No. Vol. Price($)
24 4558908 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 1897465 6
View Market Depth
Last trade - 14.20pm 15/11/2024 (20 minute delay) ?
SER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.