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Vital Metals fills rights issue raising A$1.2M

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Vital Metals fills rights issue raising A$1.2M

Vital MetalsLtd. has filled its recent 1-for-4 after successfully placingthe shortfall, the ASX-listed junior explorer said July 11.

The placement of the remaining 43,100,877 shares took thetotal cash raised to A$1.2 million.

Under the rights issue, which was not underwritten, VitalMetals initially onlyraised A$679,069, with shareholders subscribing for just 61,733,545of the total shares on offer.