logo-loader

Live Company considering equity raise to support potential acquisition

Published: 17:15 26 Sep 2018 AEST

Live Company
The group says it will make another announcement in due course

Live Company Group Plc (LON:LVCG) is considering an equity fundraising to finance the potential acquisition of a “complementary business” and to “accelerate organic growth”, the firm said on Wednesday.

The live events and entertainment company said it is in talks with certain institutional and other investors with regard to a potential fundraising, which is expected to be carried out at a modest discount to the recent prevailing market price.

READ: Live Company shares lifted as subsidiary inks content agreement with digital education firm ImmersiveMinds Limited

“A further announcement will be made in due course as appropriate,” it said.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

6 hours, 7 minutes ago