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CENTAURUS METALS LIMITED Capital/Financing Update 2004
64715_rns_2004-08-22_66ef405c-9ff2-4131-a018-fb6c1349a7c5.pdf
Capital/Financing Update
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23 August 2004
Manager Company Announcements Company Announcements Office Australian Stock Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000
Dear Sir
ANNOUNCEMENT
PRO RATA NON-RENOUNCEARLE ENTITLEMENTS ISSUE OF ORDINARY SHARES
The directors of Glengarry Resources Limited are pleased to announce a pro rata nonrenounceable issue of ordinary shares fully paid on the basis of 1 New Share for every 4 shares held on the Record Date, 2 September 2004. The New Shares will be issued at 3.5 cents per share and if the Entitlements Issue is fully subscribed the company will issue approximately 31,576,787 New Shares and raise gross proceeds of approximately \$1,105,187. The company's existing listed shares will be quoted on an "ex" basis on 27 August 2004.
Option holders who hold options exercisable at 15 cents per share on or before 31 March 2005 will be entitled to participate in the issue if the options are exercised on or before the Record Date, 2 September 2004.
In the event of a shortfall, the Prospectus will make provision for the directors to allocate any shortfall on the basis that preference will be given to existing shareholders who elect to subscribe for additional shares.
Yours faithfully
DAVID RICHARDS Managing Director
GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 PRINCIPAL OFFICE Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975, West Perth, WA 6872 35 Havelock Street, West Perth, WA 6005 Website: www.glengarrynl.com.au Email: [email protected]
QUEENSLAND OFFICE Telephone: (07) 4772 5880 Facsimile: (07) 4772 4999 PO Box 908 Castletown, QLD 4812 68 Railway Avenue, Railway Estate, QLD 4810