Proposed code: DRK
Issue price: $0.20
Principal activities: Gold and silver exploration.
Corporate: Brett Fraser (non-executive chairman); Bob Beeson (managing director); and Jay Stephenson (non-executive director and company secretary).
www.drakeresources.com.au
(08) 9228 0703
Drake plans to raise $3 million for a 20 cent a share offer due to close on February 18. The offer is not underwritten.