Shaw and Partners congratulates WIN Metals (ASX: WIN) on the completion of their successful A$3.6million conditional capital raising to primarily fund the acquisition of the Butche... Read More
Shaw and Partners is pleased to be appointed as Joint Bookrunner and Joint Lead Manager to the proposed capital raising by Mayur Resources Ltd (ASX.MRL).
The Company is seeking to raise up to A$5.0 million by way of an Institutional Placement via the issue of approximately 25.0 million new fully paid CDIs in the Company.
Participants in the offer will receive one free unlisted attaching option for every two New CDIs allocated.
Attaching Options will be exercisable at A$0.25 per option and will expire 24 months from the date of the issue.
Mayur Resources Ltd is developing a renewable energy portfolio and minerals business in PNG to
answer the growing call from the mining and construction industries in the Asia Pacific region for “net zero” inputs.
The offer is available to Australian Sophisticated and Professional Investors only.
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