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ARDEA RESOURCES LIMITED — Capital/Financing Update 2017
Aug 31, 2017
64421_rns_2017-08-31_c88a2d0c-301e-47cc-a1e9-0a6394b8ffb8.pdf
Capital/Financing Update
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Strongly Supported Ardea Share Purchase Plan raises $4.4M
ASX & Media Release
1 September 2017
ASX Symbol
ARL
Ardea Resources Limited (“Ardea” or the “Company”) is pleased to advise that the Shareholder Purchase Plan (“SPP”) was closed on 30 August 2017. The Company received valid applications from eligible shareholders for new shares raising $4,414,000 with shares to be issued at a price of 72.5 cents per share (being a 15% discount to the 5 day VWAP rounded down to the nearest half cent).
Ardea Resources Limited
Suite 2 / 45 Ord St West Perth WA 6005
PO Box 1433 West Perth WA 6872
Telephone
+61 8 6244 5136
As a result, 6,091,188 new fully paid ordinary shares in Ardea will be issued to shareholders on 4 September 2017 when statements will be dispatched to shareholders with the new shares to begin trading on 7 September 2017.
Website
www.ardearesources.com.au
Ardea would like to thank all Shareholders for their strong and continued support of the Company.
Directors
Katina Law Chair
Matt Painter Managing Director
Ian Buchhorn Non-Executive Director
For further information regarding Ardea, please visit www.ardearesources.com.au:
Issued Capital
Shares 73,207,885
Ardea Resources: Media or Investor Inquiries: Dr Matt Painter Jon Snowball Managing Director, Ardea FTI Consulting Tel +61 8 6500 9200 Tel +61 2 8298 6100 or +61 477 946 068 [email protected] [email protected]
Unlisted options 12,310,022 at 25 cents - 9/2/20 25,297,087 at 77 cents – 31/5/18
ABN 30 614 289 342