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ATHENA RESOURCES LIMITED — Capital/Financing Update 2011
Oct 23, 2011
64341_rns_2011-10-23_3854004a-ab4e-4267-99b3-64813fa4885a.pdf
Capital/Financing Update
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63 Lindsay Street Perth WA 6000 p 61 8 9428 2900 f 61 8 9428 2910 e [email protected] www athenaresources.com.au ABN : 69 113 758 900
24 October 2011
The Company Announcements Office Australian Stock Exchange Limited 4 Floor 20 Bridge Street SYDNEY NSW 2000
NON-RENOUNCEABLE RIGHTS ISSUE
The Directors of Athena advise that the Non-Renounceable Rights Issue closed on 20 October 2011 with eligible shareholders applying to take up 39% of the Rights Issue.
The Company advises that it received entitlement acceptances for 4,174,672 shares from eligible shareholders.
The Company will allocate the shortfall shares in the manner described in Section 1.5 of the Offer Document.
Funds raised from the rights issue totaled $375,720.
It is anticipated that the allotment and issue of shares, and despatch of holding statements will take place on 27 October 2011.
The Company thanks the shareholders who participated in the rights issue.
Yours faithfully
P J Newcomb Company Secretary