[cpsnewswire] [NEWS ALERT] Haranga Closed 167.5% Higher on Opening Day at 53.5c, Intraday High 56c

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Haranga Closes at 53.5c

December 9 (Mogi) Haranga Resources Limited (ASX:HUN) listed today on the ASX.

·         IPO offer price was 20c.

·         Volume: 8 million shares

·         Trade value: A$4.2 million

·         Intraday high: A$0.56

·         Intraday low: A$0.49

·         Closing price: A$0.535

Please refer to the Prospectus for details on the IPO.

Disclosures

·         I personally and through my “Mogi & Friends Fund” hold 75,000 HAR shares in aggregate.

·         Jason Peterson, CPS Securities Director, holds shares (approx. 6,500,000) and options (1,000,000) in HAR.

·         CPS holds 500,000 options in HAR for corporate advice provided to HAR – Jason Peterson is a 33% shareholder in CPS.

·         CPS and CPSI directors and employees hold shares in HAR and may buy and sell these shares as and when they see fit.

·         Jason Peterson is a non-executive director of HAR but not involved in the day to day running of HAR.

·         CPS has received an IPO management fee of $250,000 and a 5% fee for any funds placed to its clients under the prospectus.

·         HAR has paid for Jason Peterson’s travel and accommodation expenses to and in Mongolia – this must be disclosed as a soft dollar commission.

·         Please refer to the prospectus for further disclosures.

 

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"Mogi" Munkhdul Badral

Executive Director

CPS International LLC

Mobile: +976-99996779

Email: mogi@cpsinternational.mn

 

Suite 906, Central Tower

Sukhbaatar District, Ulaanbaatar

Mongolia

 

CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.