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ASTRAL RESOURCES NL — Capital/Financing Update 2012
Sep 17, 2012
64276_rns_2012-09-17_2f29981d-c061-4d73-9a26-2f069fd015e1.pdf
Capital/Financing Update
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ANGLO AUSTRAL I AN RESOURCES NL
ASX / Media Announcement
18 September 2012
SUCCESSFUL CAPITAL RAISING
Anglo Australian Resources NL (“Anglo Australian” or “the Company”)(ASX: AAR) , Perth-based gold and metals explorer, is pleased to announce it has placed over 45 million shares and 22.5 million options to a range of existing and new investors to raise over $276,000 before expenses. In conjunction with a previous placement conducted in July, Anglo has now raised in excess of $500,000.
Proceeds from the issue will be used to conduct further exploration activities and for working capital.
The share placement was made to sophisticated Australian & Overseas investors. The Company will issue the shares at $0.006 each with a free attaching option, exercisable at $0.008 on or before 30 June 2015, for every two shares subscribed for.
Anglo Australian Chairman John Jones said “we are pleased to have completed this raising with strong support from existing and new shareholders. The funding allows us to aggressively progress our exciting work programs.”
For further information:
John L C Jones – Chairman Telephone: (08) 9322 1788
Anglo Australian Resources NL ACN 009 159 077 Ground Floor, 63 Hay Street, SUBIACO WA 6005 :: T: +61 8 9322 1788 :: F: +61 8 9322 1744 :: E: [email protected] ::