De Grey Mining Ltd (AU:DEG) has released an update.
De Grey Mining Limited has successfully issued over 312 million new shares at $1.10 each to select investors, with immediate trading possible due to compliance with relevant sections of the Corporations Act 2001. The issuance, part of an institutional placement, supports the company’s capital raising efforts without the need for a full disclosure to investors. De Grey confirms adherence to all necessary legal and financial reporting obligations as of the notice date.
For further insights into AU:DEG stock, check out TipRanks’ Stock Analysis page.
