Mighty Craft (ASX:MCL) completes $5.1M placement

Mighty Craft (ASX:MCL) has finished a placement of around 35.2 million shares to raise $5.1M.

The shares were issued to institutional and sophisticated investors at $0.145 per share.

Mighty Craft is a craft beverage accelerator with a nationally diversified portfolio of craft beverages, and seeks to become Australia's leading premium craft beverage company.