Peel Mining Limited (ASX:PEX) Shortfall Placement and Commencement of Drilling at 4-Mile
Peel Mining Limited (ASX:PEX) is pleased to advise that it has placed the full amount of Shortfall arising from the Company's Non-Renounceable Entitlement Issue offer document dated 6 October 2011. The Company received strong interest in the Shortfall from various parties including existing shareholders and institutional investors and subsequently placed 5,434,958 shares raising an additional A$652,195. This completed the Entitlement Issue.















