Tasman Goldfields (ASX: TGX) has announced that it has placed 15,350,000 shares at an issue price $0.08 to raise A$1,228,000 (Gross).
The funds will be used to retire debt and for working capital.
Shaw Stockbroking assisted with the issue, Shares being placed to sophisticated investors under the provisions of section 708 of the Corporations Act.
http://www.proactiveinvestors.com.au/companies/news/6218/tasman-goldfields-to-raise-a12-million-for-working-capital-repay-debt-6218.html
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