Significant international and national institutional investors have grabbed the last opportunity to invest in Brisbane based Metro Mining - completing a $38 million institutional placement within days.
Metro announced an ASX Trading Halt on Monday to undertake the placement at an issue price of $0.135 per share. The Trading Halt was lifted early this morning (Wednesday 19 July) with the bookbuild heavily oversubscribed.
Metro Managing Director Simon Finnis described the response from investors as “exceptional.”
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