Neometals Launches Placement and Entitlement Offer

Neometals (ASX / AIM: NMT)

Intends to undertake a capital raising by way of a placement of new fully paid ordinary shares to sophisticated, professional and institutional investors to raise approximately A$7.0 million and a non-renounceable entitlement issue of New Shares to eligible shareholders in Australia and New Zealand  to raise up to approximately A$13 million. Continue reading