Vault Intelligence Limited (ASX:VLT) announced a private placement of 25,080,000 common shares at a price of AUD 0.30 per share for the gross proceeds of AUD 7,524,000 on September 26, 2019. The transaction is oversubscribed. The transaction will include participation from new and existing institutional and private shareholders. The transaction will be settled on or about October 1, 2019.