Investigator Resources: Raises $8M via a share placement
- Investigator Resources (IVR) has received commitments to raise $8 million via a two-tranche share placement
- Then the company received commitments from existing investors, including a $4 million investment
- The equity also raised from this recent placement will go towards Investigator’s Paris Silver Project in South Australia
- Shares in Investigator are trading down 12.2 per cent at 3.6 cents per share as some shareholders revolt against the premium price of the new stock
- Currently, shares in Investigator are trading for 3.7 cents, down 9.76 per cent at 11.47 am AEST
- Tranche one will see more than 183M new fully paid ordinary shares issued on August 7
