News

Stewart nails third capital raising

Tuesday 30th of August 2016

RIG set out to raise a minimum of $1.3 million in its third and latest capital raising and ended up pulling in $1.8 million.

Managing director Ralph Stewart says the additional capital will be used primarily to support future sales growth. It will also help the company meet increased capital adequacy requirements.

RIG recently changed its capital holding policy: “We have increased...

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