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ALARA RESOURCES LIMITED — Capital/Financing Update 2015
Oct 14, 2015
64461_rns_2015-10-14_15d55f2e-930b-4023-9446-26d39835bf42.pdf
Capital/Financing Update
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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]
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ASX/MEDIA RELEASE
Thursday, 15 October 2015
– RENOUNCEABLE RIGHTS ISSUE REVISED TIMETABLE
Alara Resources Limited (ASX: AUQ) (Company) wishes to advise that the prospectus for the rights issue (Rights Issue) was lodged with ASIC today, and as a result the timetable for the Rights Issue is now as follows.
| Prospectus lodged with ASIC and ASX | 15 October 2015 |
|---|---|
| Ex Date – Shares trade ex Entitlement | 20 October 2015 |
| Rights trading commences | 20 October 2015 |
| Record date to determine Entitlement (Record Date) | 22 October 2015 |
| Prospectus with Entitlement and Acceptance Form dispatched | 26 October 2015 |
| Offer opens for receipt of Applications | 26 October 2015 |
| Rights trading ends | 28 October 2015 |
| Closing date for acceptances (Closing Date) | 5 November 2015 |
| Notify ASX of Shortfall | 10 November 2015 |
| Issue of New Securities | 12 November 2015 |
| Deferred settlement trading ends | 12 November 2015 |
| Dispatch of shareholding statements | 12 November 2015 |
| Normal trading of New Securities expected to commence | 13 November 2015 |
The Directors may extend the Closing Date by giving at least 3 Business Days’ notice to ASX prior to the Closing Date, subject to the Corporations Act and Listing Rules. As such the date the New Securities are expected to commence trading on ASX may vary.
Further information on the Rights Issue is set out in the prospectus for the Rights Issue, which will be mailed to eligible shareholders shortly after the Record Date. Persons should consider the prospectus before deciding whether to acquire securities and will need to complete a personalised entitlement and acceptance form that will accompany the prospectus.
– ENDS –
For further information, please contact:
Justin Richard T | +61 8 9481 0389 Managing Director E | [email protected]
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ASX Code | AUQ
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]
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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.
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ASX Code | AUQ