Salt Lake Potash Ltd - Australia-focused miner - Completes retail component of 1 for 3.2 accelerated entitlement offer. Offer closed with eligible shareholders applying for AUD11.0 million, around GBP6.1 million, in new shares pursuant to their entitlements and additional new shares under the retail shortfall facility. Earlier in August, Salt Lake raised AUD71 million from issue of 142.1 million shares as part of an institutional offer.
Current stock price: 27.94 pence
Year-to-date change: down 25%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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