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Reedy Lagoon secures $1.8m backing as new shares reshape the company
9:05am on Wednesday 9th of September, 2026 AEST
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Reedy Lagoon secures $1.8m backing as new shares reshape the company
9:05am on Wednesday 9th of September, 2026 AEST
Key Points
$1.8 million fully underwritten placement at $0.00125 per share
New shares would represent 65% of the enlarged capital base
Approximately $0.7 million of related-party debt to be repaid over 24 months
Geof Fethers retires as managing director and remains company secretary
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Reedy Lagoon (ASX:RLC)
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