Existing Cornerstone Investor to Provide $750,000 Equity Capital Funding

Ascot ResourcesUncategorised

KEY HIGHLIGHTS

  • Specialist mining private equity firm and existing cornerstone investor Resource Capital
  • Fund V L.P. has agreed to invest A$750,000 by way of an equity placement at $0.0765 per
    share
  • Funds will be used to support Ascot’s 2014 corporate and project development initiatives
  • Completion of the placement and drawdown of funds is expected within coming weeks.

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Existing Cornerstone Investor to Provide $750,000 Equity Capital Funding