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Connxion raises $1.6m in placement

Connxion raises $1.6m in placement

Data and transaction services company Connxion Ventures (ASX:CXN) has placed 44.9 million shares to raise nearly $1.6 million.

The placement, at $0.0325 per share, was made without disclosure to investors under the company's 15% placement capacity granted under Listing Rule 7.1.

CXN shares are today trading 6.67% higher at $0.032.

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Tags ConnxionShare placementit servicesASX:CXN

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