(MENAFN- ProactiveInvestors)
Aspire Mining () has extended the current capital raising program to 5 June 2015 as the company is continuing to receive interest in the placement from overseas investors.
Aspire said it has already received completed applications and firm commitments in excess of the minimum $2.75 million subscription.
The raising is priced at $0.02.
Aspire added that well in excess of 50 investors have subscribed to participate in this capital raising which has satisfied the requirements for quotation of the attaching options on ASX.
The company is the largest coal tenement holder in Mongolia’s Northern provinces and is focused on identifying exploring and developing quality coking coal assets.
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