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AUSGOLD LIMITED — Capital/Financing Update 2016
Jul 26, 2016
64457_rns_2016-07-26_8762ad7f-8938-4f07-8ca4-6af8ec342777.pdf
Capital/Financing Update
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ASX Announcement
Wednesday, 27 July 2016
ALLOTMENT OF PLACEMENT SHARES
The Directors of Ausgold Limited (“Ausgold” or the “Company”) (ASX: AUC) advise that today, Wednesday 27 July 2016, the Company has allotted a total of 21,000,000 New ordinary fully paid shares pursuant to a Placement announced on Monday, 18 July 2016.
The issued capital of Ausgold following completion of the Placement is now:
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327,500,807 ordinary fully paid shares
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26,479,235 unlisted options
The proceeds of the Placement will be used to accelerate the Company’s exploration and resource development programmes at the Katanning Gold Project and to provide additional working capital.
*ENDS***
For further information, shareholders and media please contact:
Mr Denis Rakich Director Ph: (08) 9220 9882 Mobile: 0409 209 882
ABN: 67 140 164 496 Level 16, AMP Building, 140 St Georges Terrace, Perth WA 6000 T: 08 9220 9890 F: 08 9220 9820 E: [email protected] W: www.ausgoldlimited.com