Clime Investment Management Completes Placement and Announces Bonus Option Issuance
Clime Investment Management Limited (ASX: CIW) has released its September quarter update, highlighting key financial and operational activities.
Clime Investment Management provides financial advice, primarily to wholesale clients, and offers managed funds, individually managed accounts and separately managed accounts.
- The company completed a $2.3 million placement in October to bolster its balance sheet and capitalise on emerging market opportunities.
- Clime announced a 1-for-10 bonus option issuance.
- A $6.5 million Clime Capital Limited convertible note issuance was also announced.
- The company declared a 0.5 cent fully franked dividend.
Author's summary: Clime Investment Management completes placement and announces bonus option issuance.