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Syrah Resources Ltd. (ASX:SYR) has completed a financing of approximately $35 million consisting of 13.7 million new fully paid ordinary shares, with Credit Suisse (Australia) Limited and Canaccord Genuity (Australia) Limited acting as Joint Lead Managers to the financing.
As quoted in the press release:
Settlement of the Placement is scheduled to occur on 19 Deember 2013 and the new shares are expected to be allotted and commence trading of 20 December 2013. New shares issued under the Placement will rank equally with existing SYR fully paid ordinary shares.
Click here to read the Syrah Resources Ltd. (ASX:SYR) press release
Click here to see the Syrah Resources Ltd. (ASX:SYR) profile.