#SVML Sovereign Metals LTD – Sovereign Completes A$40 Million Placement

SOVEREIGN COMPLETES A$40 MILLION PLACEMENT Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the Company) is pleased to announce that it has received firm commitments for a placement of 47,058,824 new fully paid ordinary shares at an issue price of A$0.85 per share (New Shares) to raise gross proceeds of A$40,000,000 before costs (Placement). […]