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United Kingdom

Gage Roads Brewing To Raise $8 Mln Via Placement Of Shares


Friday, 12 Apr 2019 

April 12 (Reuters) - Gage Roads Brewing Co Ltd ::TO RAISE $8 MILLION VIA PLACEMENT OF SHARES AT $0.095 PER SHARE.TARGETING ADDITIONAL EARNINGS OF $1.5 MILLION TO $2.5 MILLION BY FY22.CAPITAL RAISED WILL BE APPLIED TOWARDS IMPLEMENTATION OF COMPANY'S PACKAGING LINE EXPANSION PROGRAMME.ANNOUNCES PACKAGING LINE EXPANSION WITH PROJECT COSTS OF $7.8 MILLION. 

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