Comet Resources Ltd’s (ASX:CRL) Matt O'Kane tells Proactive's Andrew Scott he was thrilled with the support for its share purchase plan (SPP) with subscriptions received for almost five times the $500,000 they were initially targeting. After receiving applications from existing shareholders for $2.3 million at an offer price of 2 cents per share with around 180 shareholders participating, the company has accepted $500,000 in oversubscriptions to raise $1 million.
Comet Resources welcomes strong support for SPP ahead of busy period of exploration
Quick facts: Comet Resources Ltd
Price: 0.025 AUD
Market Cap: $17.29 m
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