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Magnis Resources Issues Prospectus

13 Feb 2018  |  17:20:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Prospectus

Magnis Resources announced an offer of 100 shares at an issue price of $0.40 per share. The ASIC and ASX take no responsibility for the content of this Prospectus, or the merits of the investment to which this Prospectus relates. No Company Shares may be issued on the basis of this Prospectus later than 13 months after the date of this Prospectus, being the expiry date of this Prospectus. The Company recently offered securities as part of the Placement. The Placement was done in order to raise capital to assist with funding the acquisition of lithium-ion battery plant equipment and assets as announced to the ASX on 8 February 2018. The closing date of the offers is 14 February 2018.

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