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News: UBN Urbanise.com To Raise $4.1 Mln Via Rights Issue

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    29/08/18
    17:15
    Post #: 35272013

    Aug 29 (Reuters) - Urbanise.com Ltd (UBN) :

    • UNDERTAKING A PRO-RATA UNDERWRITTEN NON-RENOUNCEABLE RIGHTS ISSUE
    • FULLY UNDERWRITTEN NON-RENOUNCEABLE RIGHTS ISSUE TO RAISE $4.1 MILLION
    • RIGHTS ISSUE ON A 1:3.5 BASIS AT AN ISSUE PRICE OF $0.027 PER SHARE
    • A MAXIMUM OF 151.7 MILLION NEW SHARES WILL BE ISSUED UNDER OFFER
    • FUNDS RAISED FROM OFFER WILL BE USED TO CONTINUE DEVELOPMENT OF URBANISE'S CORE PRODUCTS

    Source text: http://bit.ly/2N0dw7d

    (([email protected];))

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