News and Announcements
Connexion Media Successfully Completes Capital Raising
- Published August 15, 2014 4:52PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Connexion Media Limited (“Connexion”) are pleased to announce that the offer of shares pursuant to Connexion’s Replacement Prospectus dated 2 June 2014, the First Supplementary Prospectus dated 3 July 2014 and the Second Supplementary Prospectus dated 21 July 2014 closed at 5pm on 8 August 2014.
As at the closing date, Connexion has raised $3,335,864.
It should be noted that the second supplementary prospectus contained withdrawal rights, which may be exercised by any applicant who subscribed for shares prior to the date of the second supplementary prospectus for one month from the date of the second supplementary prospectus. Accordingly, the total amount raised by Connexion pursuant to the offer could drop below the amount stated above.
Connexion is working towards completion of the acquisition of Miroamer Pty Ltd and the conditions required to be reinstated to official quotation.
Connexion would like to thank all those who participated in the raising and the confidence they have in Connexion to bring value to their investment.
If you have any queries feel free to contact me.
George Karafotias
Chairman