Fastbrick capital raise delay averted
Fastbrick's $6.3 million placement to investors including Fidelity International proceeded after a shareholder's Takeovers Panel challenge failed and shareholders voted to approve the second tranche.
Company
Every investor coverage indicates participated in a round CRH Ventures raised.
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Fastbrick's $6.3 million placement to investors including Fidelity International proceeded after a shareholder's Takeovers Panel challenge failed and shareholders voted to approve the second tranche.
Roundup of manufacturing briefs: FBR's US venture option with CRH lapses, Li-S Energy appoints Rick Francis to its board as a director departs, plus sponsorship, TAFE funding, rate commentary and a hydrogen collaboration.
FBR announced a share placement of roughly $12.6 million, with Bell Potter managing and existing holder Brickworks among supporters, to fund working capital for its United States expansion alongside new CRH Ventures agreements.