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ALTAMIN LIMITED — Capital/Financing Update 2012
Dec 2, 2012
64488_rns_2012-12-02_3f0b104b-ed60-4755-b60b-2d7e8c4bd4d0.pdf
Capital/Financing Update
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3 December 2012
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ASX Announcement
ASX Code EMX
Closure of Rights Issue and Shortfall Notification
ABN 63 078 510 988
PO Box 1785 West Perth WA 6872
Energia Minerals Ltd (ASX:EMX) (Energia) advises that its fully underwritten nonrenounceable rights issue of 2 new shares for every 5 existing shares at an issue price of $0.035 per share to raise approximately $1.76 million, before expenses, closed at 5pm (AWST) on 28[th] November 2012. The result of the rights issue is as follows:
| $0.035 per share to raise approximately $1.76 million, before expenses, (AWST) on 28th November 2012. The result of the rights issue is as follows: | closed at 5pm |
|---|---|
| No. ofShares | $ |
| Maximum no. of New Shares offered under the Rights Issue50,370,003Comprised of:Entitlement acceptances20,936,710Underwritten shortfall29,433,293 | 1,762,950732,7851,030,165 |
The rights issue is fully underwritten by Blue Ocean Equities Pty Ltd (Underwriter). In accordance with the terms of the underwriting agreement, a shortfall notice has been issued to the Underwriter for 29,433,293 shares for the value of $1,030,165.
Uranium Equities Ltd through its wholly owned subsidiary UEQ Investments Pty Ltd has subscribed for its full entitlement under the rights issue and under a priority subunderwriting agreement will acquire a further 14,285,715 shares for the value of $500,000.
Level 2 20 Kings Park Road West Perth WA 6005
T: + 61 8 9321 5000 F: + 61 8 9321 7177 E: [email protected] W: www.energiaminerals.com
Board of Directors Tony Iannello Non Executive Chairman Kim Robinson Managing Director Leigh Bettenay Executive Director – Exploration and Development
Max Cozijn Non Executive Director Ian Walker Non-Executive Director Bryn Jones Non-Executive Director Company Secretary Jamie Armes CFO and Company Secretary
Upon completion of the Rights Issue cash on hand is approximately $2.7 million.
It is anticipated that the shares under the rights issue and the shortfall shares will be allotted and holding statements despatched on 5 December 2012.
For further information, please contact For media enquiries contact: Jamie Armes Nicholas Read Company Secretary Read Corporate +61 8 9321 5000 +61 8 9388 1474 [email protected] [email protected]
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