Eagle Mountain Mining Limited (ASX:EM2) Issues New Shares and Options
Issuance of Securities
Eagle Mountain Mining Limited (ASX:EM2) confirmed the allotment and issue of 202,586,325 new shares at $0.008 per share and 50,646,567 new options with an exercise price of $0.016, following the closure of its Renounceable Entitlement Offer.
Financial Performance
The Offer raised $1.62 million before costs and prior to the finalisation of the underwritten shortfall. The company anticipates completing the underwritten shortfall within the next few days and will announce further details accordingly.
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