Monthly Archives: June 2009

Following feedback that many shareholders were still to complete their banking arrangements the BCI Board extended the capital raising until 31 July 2009. The minimum level of $33m was not met on the initial closing date of 30 June 2009.

The major BCI capital raising began today with the registration of the prospectus at the Companies Office. For the scheme to proceed a minimum of $33m must be raised prior to 30 June 2009. Indicative costs are $2475 per hectare capital … Continue reading →