Liberty Resources builds on cash reserves with capital raising


(MENAFN- ProactiveInvestors - Australia) Liberty Resources (ASX: LBY) has closed its one for four entitlement offer raising around A$785,577. The company received applications for around 19.2 million shares at $0.04 each, and the same number of free attaching options, representing a take up of just under 32%. Liberty said no allocation of the shortfall would occur. The funds will go towards progressing Liberty's low cost fertiliser Project in Queensland, and top up working capital.


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