Moa to raise $5.5m amid virus hits
A strategic placement to a new ‘cornerstone’ investor partially makes up capital raise.
Beer and restaurant company Moa Group will seek to raise up to $5.5 million of capital to shore up its balance sheet as its hospitality business continues to face an uncertain future due to the Covid-19 pandemic.
In a statement, the listed company said the capital raise, at an issue price of 14c
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