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IN BRIEF: Prairie Mining To Raise AUD4 Million In Share Purchase Plan

Tue, 21st Jul 2020 20:12

Prairie Mining Ltd - Poland-focused coal development firm - plans share purchase offer, giving shareholders opportunity to apply for up to AUD30,000 of shares at an issue price of AUD0.25 - around 14 pence - without broker or other transaction costs. Company plans to raise AUD4 million and intends to use proceeds for working capital requirements and business development opportunities.

Current stock price: 18.00 pence

Year-to-date change: up 76%

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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