EnviroGold places 18.75m shares with Indonesian company
Monday, March 15 2010 - 04:34 PM WIB
Australian firm EnviroGold Limited announced on Monday that it has placed 18.75 million shares with PT Asia Pacific Mineral Resources (AsMin) at 8 cents each to raise A$1.5 million.
AsMin, which is part of an Indonesian coal mining and trading group, is an existing shareholder which together with its principle now holds a total of 33,616,666 shares in the Company (approximately 9.1%).(alex)