PERTH (miningweekly.com) – Junior Tasman Resources on Friday announced plans for a A$4.8-million capital raise to fund exploration work in South Australia, and to support future investment in fellow ASX-listed companies.
The junior told shareholders that it would place some 60-mllion shares to sophisticated and professional investors, at a price of 8c each, along with 30-million free attaching listed options.
The placement is fully underwritten, and ill be conducted under Tasman’s existing placement capacity.