10 Feb 2011asset acquisition disposition● Neutral
Core confirms completion of its purchase of DBL Blues Pty Ltd, issuing 2,500,000 shares to the sellers. This completes one of the two acquisitions described in the prospectus.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Dec 2010capital raising announcement● NeutralMajor
Core Exploration's prospectus offers up to 25 million shares at $0.20 to raise up to $5 million, lead managed by Bligh Capital. Proceeds fund copper, gold and uranium exploration on South Australian and Northern Territory licences being acquired from Sturt and DBL.
What it means for a shareholder
25.0m new shares at $0.200 to raise about $5.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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