Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Australian-American Mining Corporation raises $0.9M in first tranche  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 05/02/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - ProactiveInvestors - Australia) Australian-American Mining Corporation (ASX:AIW) has placed 21,558,533 shares at 0.042 per share to raise 905,000 before costs.

Funds to be used for continued funding of exploration and drilling programmes on the Bluebell and De Soto VMS copper/gold/silver projects located in Arizona.

The initial placement was managed by Peloton Capital and will be made to clients of Peloton Capital and DJ Carmichael

This raising is part of a two part capital raising. Next proposed raising will be subject to shareholder approval and will be a "best endeavours" raising , to place up to 60 million shares on terms no less favourable to the terms of Tranche 1.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help