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AUDALIA RESOURCES LIMITED — Capital/Financing Update 2016
Aug 31, 2016
64291_rns_2016-08-31_d9b8fc56-3093-4e7e-8195-9dd1c2924ffc.pdf
Capital/Financing Update
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ANNOUNCEMENT
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EXTENSION OF CLOSING DATE OF ENTITLEMENT ISSUE
1 SEPTEMBER 2016
Audalia Resources Limited ( Audalia or the Company ) (ASX: ACP) advises that the Closing Date for the Entitlement Issue announced on 8 August 2016 will be extended to 21 September 2016.
The Company has extended the Entitlement Issue offer to shareholders with a registered address in Australia, New Zealand and Malaysia ( Eligible Shareholders ). The extension to the Closing Date will ensure that all Eligible Shareholders have ample time to submit their applications and are able to participate.
Under the Entitlement Issue, Audalia is offering its shareholders the opportunity to subscribe for up to 240,660,001 new fully paid ordinary shares ( New Shares ) at an issue price of $0.01 each to raise up to approximately $2,406,600, before costs. The Entitlement Issue is being offered to Eligible Shareholders on the basis of one (1) New Share for every one (1) share held.
The revised timetable for the Entitlement Issue is as follows:
| revised timetable for the Entitlement Issue is as follows: | |
|---|---|
| Closing Date | 21 September 2016 |
| Shares quoted on a deferred settlement basis | 22 September 2016 |
| ASX notified of under subscriptions | 26 September 2016 |
| Issue date for Shares. Deferred settlement trading ends. | 28 September 2016 |
| Trading of Shares issued under the Offer | 29 September 2016 |
All dates are indicative only. The Company reserves the right to amend any of the important dates, without prior notice but subject to the Corporations Act and the ASX Listing Rules.
Eligible Shareholders will have received a copy of the Entitlement Issue Prospectus and Entitlement and Acceptance Form in the post.
On behalf of the Board, I invite you to consider participating in the Entitlement Issue and thank you for your continued support. If you have already applied for New Shares under the Entitlement Issue, we thank you and confirm that no further action is required.
Authorised by:
Mr Brent Butler CEO and Executive Director
ASX: ACP l Find out more at www.audalia.com.au
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