Media ReleasesNSL Consolidated

View All NSL Consolidated News

NSL Consolidated announces Strategic Investment by Cornerstone Investor


  • First Samuel complete $5 million strategic equity investment into NSL.
  • Investment at a 9% premium to last closing and 30 day volume weighted average prices.
  • First Samuel currently hold more than $600 million in funds under management and invest on a long term basis, being 5-7 years.
NSL Consolidated Limited (Company, ASX: NSL), is pleased to update the market regarding a $5 million strategic equity investment by a large Australian financial institution, First Samuel. The strategic investment is at a 9% premium to the last close price and 30 day VWAP, being $0.025 per share. The Company will issue a total of 200 million shares to First Samuel.

For further information please download PDF attached: Download this document

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.