🕐19.05.10 - 05:47 Uhr

Signature Metals Limited [ASX: SBL] - Placement to raise $5 million



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Signature Metals Limited [ASX: SBL] - Placement to raise $5 million

Signature Metals Limited (ASX: SBL) has secured subscribers to participate in a placement pursuant to which the Company will raise up to $5 million (before costs) through the issue of up to 250 million shares at an issue price of 2 cents each.

The Placement will be undertaken via a prospectus to be lodged at ASIC in the near future and Taylor Collison Limited and CPS Securities have been appointed Joint Lead Managers of the Placement.

The successful completion of the Placement will put the Company in a strong financial position given the current market conditions.

The subscribers to the Placement are domestic and international clients of Taylor Collison Limited and CPS Securities.

Find details in the attached announcement.

For further information, please contact:

Bill Oliver
Managing Director
E-mail:
Tel: +61 8 9481 0101

Media:
Fortbridge +612 9331 0655
Bill Kemmery +400 122 449

Luke Dean +414 535 433



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