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CARNAVALE RESOURCES LIMITED — Capital/Financing Update 2013
Oct 23, 2013
64607_rns_2013-10-23_42c67468-3bf8-4821-8523-59c7491e4adb.pdf
Capital/Financing Update
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24 October 2013
The Manager ASX Market Announcements ASX Ltd Level 4, 20 Bridge Street Sydney, NSW 2000
NON-RENOUNCEABLE ENTITLEMENT OFFER - UNDERSUBSCRIPTIONS
In relation to its fully underwritten Non-Renounceable Entitlement Offer contained in the Prospectus dated 20 September 2013, Carnavale Resources Limited advises that shareholders subscribed for 13,930,661 shares and 27,861,322 options, representing a 48% take-up of their rights entitlement and leaving a shortfall of 15,315,908 shares and 30,631,816 options.
The directors, in conjunction with the Underwriter to the issue, Melbourne Capital Limited, will now seek to finalise allocation of the Shortfall Securities.
Yours faithfully
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Paul Jurman Company Secretary
CARNAVALE RESOURCES LIMITED
ABN 49 119 450 243 Level 1, Suite 5, The Business Centre 55 Salvado Road Subiaco Western Australia 6008 T: +61 8 9380 9098 F: +61 8 9380 6761 E: [email protected] W: www.carnavaleresources.com.au
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