Transcription of Equity Placing and Corporate Update - Xtract …
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Regulatory Story Xtract Resources plc - XTR Equity Placing and Corporate Update Released 07:00 14-Nov-2017 RNS Number : 3827W Xtract Resources plc 14 November 2017 For immediate release 14 November 2017 Xtract Resources Plc (" Xtract " or the "Company") Equity Placing Corporate Update Total Voting Rights Placing The Board of Xtract Resources Plc (" Xtract " or the "Company") announces that the Company's Broker, Beaufort Securities, has today conditionally raised 1,700,000 (before expenses) following the placement of 59,649,140 new Ordinary Shares of each ("Ordinary Shares") at (" Placing Price") per new Ordinary Share (the " Placing "). The new Ordinary Shares represent of the current issued ordinary share capital of the Company. The Placing Price is at a discount of approximately compared to the 5 day volume weighted average price of for the period ended 13 November 2017.
was achieved on 8 October 2017, and the Company was in receipt of its first gold bars on 22 October 2017. In respect of the western half, the Company reported that first income was anticipated at the end of November 2017
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