Brief: New Dimension Upsizes Previously Announced Private Placement

Capella Minerals

26/02/2018 13:45

Feb 26 (Reuters) - New Dimension Resources Ltd  NDR.V : 
    * NEW DIMENSION UPSIZES PREVIOUSLY ANNOUNCED PRIVATE 
PLACEMENT 
    * NEW DIMENSION RESOURCES - INCREASED SIZE OF PREVIOUSLY 
ANNOUNCED NON-BROKERED PRIVATE PLACEMENT TO AGGREGATE GROSS 
PROCEEDS OF C$3.8 MILLION 
    * NEW DIMENSION RESOURCES -PRIOR TO CLOSING,TO CONSOLIDATE 
COMMON 
SHARES ON BASIS OF 1 POST-CONSOLIDATED SHARE FOR EVERY 2.5 
PRE-CONSOLIDATION SHARES 
    * NEW DIMENSION RESOURCES - ANTICIPATED THAT INSIDERS OF CO 
TO 
ALSO PARTICIPATE IN PRIVATE PLACEMENT ON SAME TERMS AS ARM'S 
LENGTH SUBSCRIBERS 
 
Source text for Eikon:  ID:nCNWZN52va  
Further company coverage:  NDR.V  
 
 ((Reuters.Briefs@thomsonreuters.com;))