• Surefire Resources (‘Surefire’) (‘SRN’) is seeking to raise A$2M via a placement at A$0.011 per share. This represents a discount of 31% to last close. The Company will also undertake a Non-Renounceable Entitlement Offer to raise up to A$2M.
• The offer also includes a 1:1 free attaching option with an exercise price of A$0.019, expiring 3 years from date of issue. The Company intends to list the options subject to meeting the ASX’s minimum listing requirement.
• SRN has mandated Evolution Capital and SP Corporate Advisory to act as Joint Lead Managers.