Rights issue undersubscribed

THE 1 for 4 non-renounceable rights issue to raise up to $A3.1 million for Crater Gold’s high grade zone project has concluded despite being undersubscribed by close to $400,000.

Rights issue undersubscribed Rights issue undersubscribed Rights issue undersubscribed Rights issue undersubscribed Rights issue undersubscribed

Although the company has underwritten the rights issue, application funds from shareholders totalled just over $2.7 million.

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