- Placement to high net worth, institutional investors and existing major shareholders closed oversubscribed to raise $6.0m
- Funds to advance the development of the large scale Generation Two system and leverage the technological breakthroughs tested in the Generation One system
- Spookfish Generation Two system will have the capability to provide cost effective, country wide capture in high resolution
Spookfish Limited (ASX:SFI)
(“Spookfish” or “the Company”) is pleased to announce that $6.0m was successfully raised through a placement to sophisticated and institutional investors. The Company will issue approximately 109.1m fully paid ordinary shares at an issue price of $0.055 per share. Euroz Securities acted as lead manager to the placement.
For further information please download PDF attached: