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ALICE QUEEN LIMITEDALICE QUEEN LIMITEDALICE QUEEN LIMITED

ALICE QUEEN LIMITED

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Alice Queen Capital Raise DriveAlice Queen was up by more than 15%, days after announcing the signing of a binding agreement, paving the way for it to raise $1.5 million. The company is planning to issue 50 million ordinary shares priced at 3 cents as part of the capital fundraising drive. Pricing the offering a 45% premium underscores the company’s portfolio of assets expected to generate significant shareholder value going forward. The company has already received significant interest from multiple entities signaling strengthened investor confidence about its long-term prospects. The company is however inclined at inking a deal with Datt Capital at a premium market price as part of the fundraising drive The company is also looking to accelerate the development of its copper-gold projects in New South Wales. Datt Capital is investing in Alice Queen buoyed by the company’s suite of high-quality projects that will be a key driver of value going forward. The investment company is poised to become the third-largest shareholder with a 6% stake upon completion of the investment
ASX:AQX
by Sector_Reports
Alice Queen Capital Raise Drive by Sector ReportsAlice Queen was up by more than 15%, days after announcing the signing of a binding agreement, paving the way for it to raise $1.5 million. The company is planning to issue 50 million ordinary shares priced at 3 cents as part of the capital fundraising drive. Pricing the offering a 45% premium underscores the company’s portfolio of assets expected to generate significant shareholder value going forward. The company has already received significant interest from multiple entities signaling strengthened investor confidence about its long-term prospects. The company is however inclined at inking a deal with Datt Capital at a premium market price as part of the fundraising drive The company is also looking to accelerate the development of its copper-gold projects in New South Wales. Datt Capital is investing in Alice Queen buoyed by the company’s suite of high-quality projects that will be a key driver of value going forward. The investment company is poised to become the third-largest shareholder with a 6% stake upon completion of the investment
ASX:AQX
by Sector_Reports