Friday, July 1, 2016

Ezion

Ezion: Rights issuance on basis of 3:10 existing shares at $0.29/rights share
- Theoretical ex-rights price at $0.467 as at last close of $0.52
- It has successfully forayed into Chinese and European offshore wind farm market
- Intends to use proceeds to fit and repurpose its current fleet and/or acquire new assets.

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