BSA Announced Completion of Placement and Institutional Entitlement Offer

Apr 07, 2022

The board of BSA Limited (ASX:BSA) announced completion of Placement and institutional component of 1 for 3.19 pro-rata accelerated non-renounceable entitlement offer to raise ~AU$12.6 million at an issue price of $0.10. Under this offer, approximately 125.8 million fully paid ordinary shares in BSA together with 125.8 million attaching options exercisable at AU$0.1 will be issued under the Placement and Institutional Entitlement Offer.

Commencement of Retail Entitlement Offer will open on 13 April 2022 and is likely to close on 4 May 2022.

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