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Kangaroo Island Plantation Timbers Ltd recommends 'take no action' on takeover offer

Kangaroo Island Plantation Timbers recommends ‘take no action’ on takeover offer
The unconditional offer at $1.05 cash per share was received this morning from Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
KPT shares have today traded as much as 7.7% higher to $1.13.
Kangaroo Island Plantation Timbers Ltd recommends that shareholders take no action in relation to an on-market takeover bid by Samuel Terry Asset Management Pty Ltd as trustee for Samuel Terry Absolute Return Active Fund.
The unconditional offer at $1.05 cash per share was received this morning with KPT shares trading as much as 7.7% higher intra-day to $1.13. ....

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Deep Yellow Limited (ASX:DYL) A$40.8M Placement Successfully Completed - ABN Newswire (@ABN_Newswire)

Deep Yellow Limited (ASX:DYL) A$40.8M Placement Successfully Completed

OTCMKTS:DYLLF) is pleased to confirm that the placement announced on 18 February 2021 (Placement) has been successfully completed.
Accordingly, the Company has today issued 62,768,803 ordinary fully paid shares (Shares) to qualified, institutional, sophisticated and professional investors at A$0.65 per Share to raise approximately $40.8 million (before costs).
Euroz Hartleys Securities Limited and Aitken Murray Capital Partners Pty Ltd acted as Joint Lead Managers to the Placement.
Commenting on the successful Placement, Deep Yellow s Managing Director & CEO, John Borshoff said:
It is worth repeating that this highly successful fundraising has put the Company in a strong financial position making us better able to execute on the multiple potentially wealth creating activities we have under consideration. ....

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Deep Yellow Limited (ASX:DYL) Successful Placement of $40.8M to Fund Future Growth

Deep Yellow Limited (ASX:DYL) Successful Placement of $40.8M to Fund Future Growth
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