Pearl Global Raises $3m for Stapylton development, appoints new CFO
- Pearl Global (PG1) looks to raise $3 million for the development of its Stapylton site in Queensland
- Under the placement, 150 million shares will be issued at two cents per share
- Funds will also allow the completion of the transition to a full scale, efficient, commercial operation
- The company has also appointed Andrew Cook as Chief Financial Officer (CFO) following the commencement of David Wheeley as CEO on January 30
- PG1 shares hold steady at two cents