---
title: My Rewards International (ASX:MRI) - Share Placement
description: My Rewards International Limited (ASX:MRI) announces to raise $550,000 through the issue of 11 mil fully paid ordinary shares at an issue price of $0.05.
---

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# [My Rewards International (ASX:MRI) - Share Placement](https://www.barclaypearce.com/blog/my-rewards-international-asx-mri-share-placement)

 Written by [Barclay Pearce Capital](https://www.barclaypearce.com/blog/author/barclay-pearce-capital) | Sep 2, 2022 6:00:00 AM

<https://www.myrewardsinternational.com/>

 

## Share Placement

 

[My Rewards International Limited (ASX: MRI) (the "Company") ](https://www.myrewardsinternational.com/)announces a placement to raise $550,000 through the issue of 11,000,000 fully paid ordinary shares in the Company ("Shares") at an issue price of $0.05 per Share to institutional and sophisticated investors (“Placement”).

Shares under the Placement are expected to be issued on Monday 5 September 2022, with quotation and trading of the Shares issued under the Placement scheduled to commence on Tuesday 6 September 2022. The Shares will be issued under the Company’s Listing Rule 7.1 placement capacity.

 

The Company is not paying consideration to a broker in connection with the placement.

This announcement was authorised for release by the Board of My Rewards International Limited.

 

Read the full announcement [here](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02563476-6A1107741?access_token=83ff96335c2d45a094df02a206a39ff4).

 

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