Menu
Menu
Webfirm completes $7.5m placement

Webfirm completes $7.5m placement

Internet technology and marketing company Webfirm Group (ASX:WFM) has completed a $7.5 million capital raising via a share placement.

The company has placed 58.3 million shares at $0.13 per share in a heavily oversubscribed placement.

The proceeds will be used to help fund expansion into international markets – particularly Europe – and for general working capital, Webfirm said.

Webfirm has also announced a share purchase plan worth up to $4 million for existing investors.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags ASX:WFM Webfirm

Show Comments
Computerworld
ARN
Techworld
CMO