Sydney, Australia
1st May
2013
Well,well,well!
We had to sell Proteoiq to keep the administration costs (wages) coming in.
Now we have raised a further $350k that indicates "NuSep is moving closer to completing its $15m funding"
Yeah right!
What's next?
Regards............
NuSep (ASX:NSP)
wishes to advise the market that it has raised $350,000 with the issue of 5,000,000 shares at 7¢ per share. This above market share placement has been taken up by a sophisticated investor based in Singapore.
NuSep is moving closer to completing its $15m funding for its Singapore based PrIME Biologics plasma fractionation business. This $15m fund raising assumes a valuation for
PrIME Biologics of $50m.
This placement has been undertaken to provide working
capital while the company seeks to finalise the cornerstone investments into PrIME Biologics
.
Subject to market conditions,the Company intends to raise further funds under its 15% placement capacity
prime singapore
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Mkt cap ! $13.00M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $25.15K | 5.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 18776263 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 10551662 | 4 |
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