GBM Resources (ASX:GBZ) Raises $7.4m via Placement
Henslow and Taylor Collison acted as Joint Lead Managers to raise $7.4m for GBM Resources.
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Henslow is pleased to have acted as Lead Manager to the $3.5m placement for CML. The raise was completed at an issue price of $0.328 per share to institutional and professional investors.
Henslow is pleased to have acted as Co-Manager to the $10.0m Placement for Hydrix. The raise was completed at an offer price of $0.28 cents per share to institutional and sophisticated investors.
Henslow and Bell Potter acted as Joint Lead Managers to raise a total of $6.5m. Funds raised will be used to continue GBM’s strategy and consolidation of assets in the Drummond Basin along with the further expansion of drilling activities at the Mount Coolon Gold Project.
Henslow is pleased to have acted as Corporate Advisor to MyDeal.com.au on their recent Initial Public Offering (IPO) to raise $40.0 million under the ticker ASX:MYD, which values the company at a market cap of c.$260.0 million.
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