Bondi Mining Ltd (BOM) is pleased to announce that it has reached agreement to raise up to $795,150 by placement of up to 8,835,000 shares at $0.09 per share to clients of Taylor Collison and to other sophisticated investors in accordance with section 708 of the Australian Corporations Act 2001 (Cth).
Bondi is also pleased to announce that it intends to undertake a Share Purchase Plan following completion of the Placement. The subscription price for each Share under the Share Purchase Plan will be 9.0 cents per share, in line with the pricing of the placement.
Details of the SPP with respect to timing will be announced shortly.
Tags: BOM, Bondi Mining, Share Purchase Plan, SPP
