BRIEF-Wentworth Resources: net proceeds of private placement amount to $5.1 mln

Wed May 17, 2017 7:08am GMT
 

May 17 (Reuters) - WENTWORTH RESOURCES LTD

* REG-WENTWORTH RESOURCES LIMITED : RESULTS OF PRIVATE PLACEMENT

* NET PROCEEDS OF PRIVATE PLACEMENT ARE ESTIMATED TO AMOUNT TO APPROXIMATELY US$5.1 MILLION (GBP 3.9 MILLION, NOK 43.2 MILLION)

* NET PROCEEDS OF PRIVATE PLACEMENT WILL BE USED IN ORDER TO ADVANCE TEMBO APPRAISAL PROGRAM IN MOZAMBIQUE AS WELL AS PROVIDE GENERAL WORKING CAPITAL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

 
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