Highlights:

  • Aguia completes private placement for C$10.8 million which is substantially over subscribed
  • Private placement provides avenue for new North American investors to invest in Aguia
  • Paradigm Capital Inc. and Jett Capital Advisors LLC acted as co-lead managers and including Canaccord Genuity Corp. in the syndicate
  • Capital raise is a key precondition to a proposed TSXV listing

Brazilian fertiliser developer Aguia Resources Limited (ASX: AGR) ('Aguia' or 'Company') is pleased to announce that it has successfully completed a $10.8 million Share Placement (Placement) through the issue of 27,000,000 new Units to institutional and sophisticated investors at $0.40 per Unit. The Placement was substantially oversubscribed.

Aguia Resources Limited published this content on 25 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 June 2017 22:15:10 UTC.

Original documenthttp://aguiaresources.com.au/2017/06/25/aguia-closes-c10-8-million-placement-significant-participation-new-north-american-investors/

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