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Company News Summary

Syrah Resources Completes Entitlement Offer

11 Jul 2019  |  09:58:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Syrah Successfully Completes Entitlement Offer

Syrah Resources announced the successful completion of its fully underwritten 1-for-5 pro rata accelerated non-renounceable entitlement offer (Entitlement Offer). The retail component of the Entitlement Offer (Retail Entitlement Offer) closed on 8 July 2019 and represented the final stage of the A$55.8m Entitlement Offer. The institutional component of the Entitlement Offer closed on 20 June 2019 and raised A$25.1m (US$17.3m). The Retail Entitlement Offer raised A$30.7m and was well-supported by the Company's eligible retail shareholders.

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