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News: PDY Padbury Mining says co executed share subscription agreement

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    22/03/16
    09:27
    Post #: 17333711

    March 22 (Reuters) - Padbury Mining Ltd (PDY) :

    • Share placement (PDY)
    • Has executed a share subscription agreement with du yong yi to subscribe for 200 million ordinary shares in pdy at $0.01 per share
    • Says share subscription agreement is irrevocable and binding
    • Securities will be issued using the company's existing 15% placement capacity so that shareholder approval will not be sought for the issue
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