LNY 0.00% 0.6¢ laneway resources ltd

PLEASE read this carefully!!CORPORATE."Following the receipt of...

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. 13,065 Posts.
    lightbulb Created with Sketch. 187
    PLEASE read this carefully!!

    CORPORATE.
    "Following the receipt of shareholder approval during the quarter, Laneway progressed its capital raisingprogram to raise $3 million via the issue of ordinary shares and convertible notes. During the quarter Lanewayissued a total of 158,500,000 shares at $0.003 per share and 288,000,000 unlisted $0.005 June 2021 convertible notes.

    They didn't RAISE $3 million.  They progressed their programme to raise $3 million, but, have only "raised" $1,915,500 from the issue of 158,500,00 shares and 288,000,000 convertible notes, less transaction costs for the CR and see Note .3 where the Directors "contributions" were offset against loans, salary, office costs etc.



 
watchlist Created with Sketch. Add LNY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.