Public Offer & Share Purchase Plan Over-subscribed
• Public Offer closes over-subscribed
• Bookbuild heavily bid by Institutions, Brokers and the General Public
• Share Purchase Plan closes - heavily over-subscribed
Potash Minerals Ltd (ASX: POK) (“Potash Minerals” or the “Company”) advise that it has successfully closed the Public Offer Shares and Share Purchase Plan (SPP) Offer Shares, in accordance with a Prospectus dated 3 November 2015 and a Supplementary Prospectus dated 24 November 2015. The Company is in the process of arranging refunds under both offers and will proceed to share allotments shortly.
POK Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held