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CADOUX LIMITED — Capital/Financing Update 2014
May 27, 2014
64620_rns_2014-05-27_766a9247-ce99-4dcb-a4d9-316dbf68b161.pdf
Capital/Financing Update
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ASX Announcement
28 May 2014
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Placement to Sophisticated Investors
FYI Resources Limited (ASX:FYI) advises that the previously announced capital raising, arranged through Peloton Capital to sophisticated investors, has been successfully completed. FYI has issued 5 million fully paid shares at $0.05 per share, raising $250,000 under ASX listing rule 7.1.
The funds raised will be used to advance the Company’s Thai potash projects, cost of the issue and working capital.
Section 708 Notice
The new shares issued are part of a class of security quoted on the ASX Limited. The Company gives this notice pursuant to Section 708A(5)(e) of the Corporations Act.
The securities are issued without disclosure to investors under Part 6D.2, in reliance on Section 708A(5) of the Corporations Act. The Company, as at the date of this notice, has complied with:
the provisions of Chapter 2M of the Corporations Act; and
Section 674 of the Corporations Act.
There is no excluded information for the purposes of Sections 708A(7) and (8) of the Corporations Act.
The Appendix 3B in relation to the new shares issued follows.
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Further Information:
Adrian Jessup Director Tel: (08) 9361 3100
Roland Hill Chief Executive Officer Tel: 0414666178
53 Canning Highway, VICTORIA PARK, WA 6100 Tel: +61 8 9361 3100 Fax: +61 8 9361 3184 Website: www.fyiresources.com.au ACN 061 289 218