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ALARA RESOURCES LIMITED — Capital/Financing Update 2016
Jul 20, 2016
64461_rns_2016-07-20_81d19c45-9c5f-4497-8cda-8c75c9a03a0a.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
21 July 2016
RIGHTS ISSUE – AMENDED TIMETABLE
Further to the renounceable rights issue prospectus lodged with ASX on 8 July 2016, set out below is an amended indicative timetable.
| Prospectus lodged with ASIC and ASX | 8 July 2016 |
|---|---|
| Ex Date – Shares trade ex Entitlement | 13 July 2016 |
| Rights trading commences | 13 July 2016 |
| Record date to determine Entitlement (Record Date) | 14 July 2016 |
| Prospectus with Entitlement and Acceptance Form dispatched | 15 July 2016 |
| Offer opens for receipt of Applications | 15 July 2016 |
| Rights trading ends | 25 July 2016 |
| Closing date for acceptances (Closing Date) | 2 August 2016 |
| Notify ASX of Shortfall | 5 August 2016 |
| Issue of New Shares | 9 August 2016 |
| Deferred settlement trading ends | 9 August 2016 |
| Dispatch of shareholding statements | 9 August 2016 |
| Normal trading of New Shares expected to commence | 10 August 2016 |
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 Shares are expected to commence trading on ASX may vary.
– 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 minerals exploration company with a portfolio of projects in Saudi Arabia and Oman. Alara has completed a Definitive Feasibility Study on the Khnaiguiyah Zinc-Copper Project in Saudi Arabia, an Advanced Scoping Study on the Daris and Al Hadeetha Copper-Gold Projects in Oman and a Feasibility Study for the Al Hadeetha Project, Washihi deposit. The Company is transitioning to establish itself as a base and precious metals mine development and production company. For more information, please visit: www.alararesources.com
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ASX Code | AUQ