Capital Raising

Capital Raising

  • 0
  • September 19, 2014

The directors of Rox Resources Limited (ASX: RXL) (“Rox” or “the Company”) are pleased to advise the successful completion of a single tranche placement of approximately 104.6 million shares at $0.043 per share to raise $4.5 million (“Share Placement”) before costs. Bell Potter Securities Limited acted as Lead Manager to the Placement.
Commenting on the Share Placement, Managing Director, Mr Ian Mulholland said, “We are extremely pleased with the response we have received from both existing and new investors. The majority of this placement has gone to well-regarded domestic and international investment fund managers, which demonstrates the excellent potential of our projects.

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