Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Ephraim Resources Limited
  6. News
  7. Summary
    EPA   AU000000EPA3

EPHRAIM RESOURCES LIMITED

(EPA)
SummaryChartsNewsCompany 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Ephraim Resources Limited announced that it has received AUD 0.05 million in funding

10/31/2018 EST

Ephraim Resources Ltd (ASX: EPA) announced a private placement of 50,000 convertible notes for gross proceeds of AUD 50,000 with individual investor Lam Gim Hua on October 31, 2018. The convertible notes will be converted into fully paid ordinary shares in the capital of the company at a conversion price per ordinary share which is a 30% discount to the price per ordinary share issued pursuant to the proposed Bio-Nexus Limited acquisition as announced on the Australia Stock Exchange on 10 July 2018. However, the conversion price is subject to a minimum conversion price of AUD 0.20 per ordinary share. The notes will have a maturity period of 24 months from the date the convertible notes are issued, with interest accruing at a fixed rate of 10% per annum compounded monthly in arrears on the last day of the month. The convertible notes will automatically convert into ordinary shares on completion of the transaction subject to receipt of any requisite shareholder approvals and only if the transaction has completed by 31 March 2019. On completion of the transaction, the company will also issue one option for each ordinary share in the capital of the Company issued on conversion of the convertible notes. The options will have an exercise price equal to the conversion price of the convertible note and expire 24 months after completion of the transaction. On the same day, the company announced that it has issued the convertible notes.


© S&P Capital IQ 2018
All news about EPHRAIM RESOURCES LIMITED
2020Ephraim Resources Limited Announces Company Secretary Changes
CI
2020Ephraim Resources Limited Announces Change of Registered Office and Principal Place of ..
CI
2020Ephraim Resources Limited Appoints Peter Sing Yin Chai as Director
CI
2020Ephraim Resources Limited Appoints Steven Nicols as Director
CI
2020Ephraim Resources Limited Appoints Gregory Barry Starr as Director
CI
2020Ephraim Resources Announces Board Appointments
CI
2020Ephraim Resources Limited announced that it expects to receive AUD 0.5 million in fundi..
CI
2019EPHRAIM RESOURCES LTD (ASX : EPA) cancelled the acquisition of Bio-Nexus Ltd.
CI
2019Ephraim Resources Limited Announces Resignation of Timothy Laforest as Non-Executive Di..
CI
2018Ephraim Resources Limited announced that it has received AUD 0.05 million in funding
CI
More news
Chart EPHRAIM RESOURCES LIMITED
Duration : Period :
Ephraim Resources Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Managers and Directors
Kea Kah Kim President & Director
Steven Leigh Pynt Chairman
H.T. Luntungan Chief Operating Officer
Michael Grant Pixley Independent Director
Nee Ooi Tang Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
EPHRAIM RESOURCES LIMITED0.00%2
MODERNA, INC.170.27%114 479
LONZA GROUP AG24.16%58 572
IQVIA HOLDINGS INC.50.86%51 638
SEAGEN INC.-16.39%26 777
CELLTRION, INC.-43.31%23 611