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Entered an agreement with Springtree Special Opportunities Fund, LP
May 3, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dyesol has successfully completed a A$5.5 million placement to professional and sophisticated investors at 65 cents per share or at an approximate 11% discount to the company’s 30 day volume weighted average share price. Austock Securities Limited was the lead manager of the transaction and was assisted in the USA by Chardan Capital Markets LLC. Also, as set out in the company’s Appendix 4C released on April 29, Dyesol intends to offer a share purchase plan (SPP) to all shareholders as of th...
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