Zaklady Miesne Silesia S.A. announced a private placement of 41,500,000 underprivileged registered series C shares at PLN 0.5 per share for gross proceeds of PLN 20,750,000 on March 26, 2018. The transaction will include participation from returning investor Gobarto S.A. (WSE:GOB). The registered capital of the company will increase from PLN 2,750,000 to PLN 23,500,000. The transaction has been approved by the shareholders of the investor at its Extraordinary General Meeting. The company expects to close the transaction by April 9, 2018.