Aumake Raises $375k for eCommerce business
- Aumake (AUK) secures binding commitments to raise $375,000 via a share placement
- The money will be raised through the issue of 100 million fully-paid ordinary shares priced at 0.37 cents each
- Subject to shareholder approval, Au make directors have committed to subscribe for up to a further $80,000 worth of shares and options on the same terms as the placement
- The platform will use the money to continue operating its eCommerce business and for corporate purposes
- The company shares have ended the day trading steady at 0.4 cents each
