Legend Mining

A$7m Share Placement

November 2011

On 17 November 2011, Legend announced it had raised A$7.2 million through a share placement of 240 million shares at A$0.03 per share to professional and sophisticated investors.

Net funds raised pursuant to the placement were used to provide additional working capital to accelerate the current drilling program at the Ngolvayang Project in Cameroon.

Azure was appointed lead manager to the placement.