Metal Storm (ASX: MST) announced today it was awarded a US$331,426 (approximately A$442,125) contract by the United States Marine Corps Warfighting Lab, Ground Combat Element (GCE) Branch for the design, fabrication and test of 18mm stacked round firing systems.
Mr John Nicholls has agreed to join the Board as a non-Executive Director immediately after the Prospectus for the previously announced capital raise is issued.
Metal Storm Limited (ASX: MST) today announced that it has signed a one year working capital facility of AU$5 million with Harmony Investment Fund Limited (Harmony) as previously foreshadowed in its 8 May 2006 announcement regarding capital raising plans.
Metal Storm Limited (ASX: MST) today announced that it had raised $3.0 million under the recent Share Purchase Plan (SPP). Shareholders who applied for $5,000 of shares under the SPP will receive 37,622 shares. Metal Storm will issue a total of 22,647,240 shares under the SPP.
Metal Storm advises that the US Marine Corps (USMC) Systems Command, on behalf of the USMC Warfighting Laboratory has placed a notice on the US Federal Business Opportunities website that it intends to award a Sole Source research and development Contract to Metal Storm for the design and fabrication of a stacked round firing system for FIN Stabilized High Explosive Ammunition.
Metal Storm Limited (ASX: MST) announced today it has been awarded a contract by US company StarChase LLC valued at US$1.2 million (approximately A$1.56 million).
The Directors of Metal Storm Limited (ASX: MST) are pleased to announce that the Company has signed a preliminary agreement with Harmony Capital Partners Pte Limited (Harmony) of Singapore to facilitate a Renounceable Rights Issue of A$27.5 million in unsecured Convertible Notes with attaching Options.
