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AERIS RESOURCES LIMITED — Capital/Financing Update 2012
Oct 1, 2012
64347_rns_2012-10-01_cc947b1e-cc48-4fe0-8429-1fa7456253e7.pdf
Capital/Financing Update
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Straits
2 OCTOBER 2012
ASX / MEDIA RELEASE
STRAITS RESOURCES LIMITED (ASX: SRQ)
LARGEST SHAREHOLDER SUPPORTS FINANCING AND OPERATIONAL INITITATIVES
Straits Resources Limited (“Straits” or “the Company”) is pleased to announce that the Company’s largest shareholder, Standard Chartered Private Equity Limited (SCPEL) has confirmed its support for the financing and operational initiatives announced by Straits on 7 September 2012.
SCPEL, who holds 18.44% of the shares in Straits, has also confirmed that it will subscribe for its full prorata entitlement of new shares under the Entitlement Offer.
The Closing Date for the Entitlement Offer is 5.00pm AEST on Thursday 4 October 2012.
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Milan Jerkovic Chief Executive
For further information, visit the Straits website at www.straits.com.au or contact:
Mr Milan Jerkovic Mr Matthew Smith Chief Executive Officer Acting Chief Financial Officer and Company Secretary Phone: 61 8 9480-0500 Phone: 61 8 9480-0500
This release does not constitute an offer to sell, or the solicitation of an offer to buy, securities in the United States or in any other jurisdiction in which such an offer or sale would be illegal. This release may not be distributed or released in the United States. No action has been or will be taken to register, qualify or otherwise permit a public offering of the securities referred to in this release in any jurisdiction outside Australia. In particular, neither the entitlements nor the new shares to be offered and sold in the Entitlement Offer have been, and none of them will be, registered under the U.S. Securities Act of 1933 (the “Securities Act”) or the securities laws of any state or other jurisdiction of the United States. Accordingly, the entitlements may not be taken up or exercised by, and the new shares may not be offered or sold, directly or indirectly, to, any person in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable U.S. state securities laws.
STRAITS RESOURCES LIMITED ABN 30 147 131 977 Level 1 35 Ventnor Avenue West Perth WA 6005 Australia | PO Box 1641 West Perth WA 6872 T: +61 8 9480 0500 F: +61 8 9480 0520 E: [email protected] www.straits.com.au