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Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
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  • Cougar Energy To Undertake Bookbuild 0 comments
    Feb 18, 2013 8:55 PM

    Cougar Energy (ASX: CXY) has been granted a trading halt this morning with its shares placed in pre-open, pending a capital raising announcement.

    The company intends to undertake a placement under Listing Rule 7.1 (issues not exceeding 15% of the company's issued capital without shareholder approval) to institutional and sophisticated investors through a bookbuild to conclude by close of business on Wednesday 20th February 2013.

    The halt will last until the earlier of an announcement being made to the market, or the opening of trade on Thursday 21st February 2013.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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