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ALTAMIN LIMITED — Capital/Financing Update 2014
Feb 24, 2014
64488_rns_2014-02-24_49c057e3-ee46-4eaf-bebf-d0df77d0ba90.pdf
Capital/Financing Update
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25 February 2014
ASX Announcement
ASX Code EMX
Closure of Energia Mineral’s Entitlement Issue
Energia Minerals (ASX:EMX) ( Company ) advises that its 1-for-2 Entitlement Issue for up to 101,306,909 new shares at an issue price of $0.022 per share has closed.
The Company received valid applications from existing shareholders totalling $664,155, comprising $543,348 (24,697,635 new shares) taken up by shareholders pursuant to their entitlements and an additional $120,807 (5,491,214 new shares) from shareholders applying for additional new shares under the shortfall facility.
The shortfall component from the Entitlements Issue totals $1,564,597 (being 71,118,060 shares at an issue price of $0.022). As noted in the offer document, the Directors reserve the right to separately place shortfall shares within three months of the closing date.
Shareholders who have applied for shares under the Entitlements Issue will have their new shares allotted on 27 February 2014.
Energia Minerals Managing Director, Mr Kim Robinson said the Company was pleased with the take-up of shares and greatly appreciates the strong support from existing shareholders in what remains a difficult market for junior resource companies.
ABN 63 078 510 988 PO Box 1785 West Perth WA 6872
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 Max Cozijn Finance Director Ian Walker Non-Executive Director
Company Secretary Max Cozijn
For and on behalf of the Board.
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Kim Robinson Managing Director
For further information: Kim Robinson Managing Director +61 8 9321 5000 [email protected]
For media enquiries contact:
Nicholas Read Read Corporate +61 8 9388 1474 [email protected]
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