Azumith Accepts $1.1m SPP oversubscriptions
-Total of $2.6m accepted under the SPP
-Shares alloted on 31 March 2011 (Today)
-Trading to commence on 1 April 2011 (Tomorrow)
-Increases Azimuth's cash position to $11.5m
Great news!
I had a feeling they might accepted the oversubscriptions given the strength of the SP. Might as well raise it if everyone is willing and able.
Strongly funded now - get those drillbits churning!