ApplyDirect Ltd has recently announced about $1 million in committed investments which will translate into 34 million, 3-cent shares available for the market.
For every three shares, investors will be issued one option exercisable at 6 cents expiring three years from the date of issue.
The online recruitment company will use the proceeds of the placement will primarily be used for general working capital requirements.
Direct recruitment by employers
ApplyDirect facilitates direct recruitment by employers through its online database and search platform.
This online platform links employers and job candidates directly to live job opportunities on employer websites.
ApplyDirect aims to provide employers with fast, direct access to high-quality talent at a lower cost, with less hassle and in a way which cuts out the middleman.
Read more here.
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