Rox Resources Limited (ASX:RXL “Rox” or “the Company”) wishes to announce that it has completed the Share Placement announced on 3rd November 2015.
The initial intention was to raise $500,000 through a placement to institutional and sophisticated investors, however due to strong support from an overseas based investor this amount has been increased to $1,000,000.
Eligible Shareholders will be offered the opportunity to participate in an Entitlements Issue on the same terms as the share placement.