AI assistant
ALARA RESOURCES LIMITED — Capital/Financing Update 2015
Oct 25, 2015
64461_rns_2015-10-25_64ec31c2-915d-4878-872b-72fcda34b9b0.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Alara Resources Limited A.B.N. 27 122 892 719 Level 11, 216 St Georges Tce Perth WA 600, Australia GPO Box 2517 Perth WA 6831
Telephone | +61 8 9481 0389 Facsimile | +61 8 9463 6103 Web | www.alararesources.com Email | [email protected]
==> picture [114 x 54] intentionally omitted <==
ASX/MEDIA RELEASE
Monday, 26 October 2015
– RENOUNCEABLE RIGHTS ISSUE DISPATCH OF PROSPECTUS
Alara Resources Limited (ASX: AUQ) (Company) wishes to advise that the prospectus for the rights issue dated 15 October 2015 (Rights Issue) has today been dispatched to eligible shareholders.
The Rights Issue is made at an issue price of $0.01 (1 cent) per share on the basis of 1 new share for every existing share held at 22 October 2015 to raise approximately $2.48M before costs.
Acceptances for the Rights Issue will close at 5pm WST on 5 November 2015.
Applicants should consult their brokers or professional advisors in regards to understanding an investment in the Company.
– ENDS –
For further information, please contact:
Justin Richard T | +61 8 9481 0389 Managing Director E | [email protected] Elizabeth Hunt T | +61 8 9481 0389 Company Secretary E | [email protected]
About Alara Resources
Alara Resources Limited (ASX: AUQ) is an Australian-based minerals exploration and mine development company with a portfolio of projects in Saudi Arabia and Oman. Alara has completed a Definitive Feasibility Study (DFS) on its flagship Khnaiguiyah ZincCopper Project in Saudi Arabia and an Advanced Scoping Study on its Daris/Washihi Copper-Gold Project in Oman. The Company is now transitioning towards establishing itself as an emerging base and precious metals mine development and production company. For more information, please visit: www.alararesources.com.
==> picture [53 x 52] intentionally omitted <==
ASX Code | AUQ