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COKAL LIMITED — Capital/Financing Update 2019
Jul 15, 2019
64656_rns_2019-07-15_9778e539-7d5a-4007-a0c7-59672fbe90bf.pdf
Capital/Financing Update
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T +61 2 8823 3179 E [email protected]
Level 5, 56 Pitt Street Sydney NSW 2000
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ABN 55 082 541 437 (ASX: CKA)
ASX ANNOUNCEMENT / MEDIA RELEASE 16 July 2019
ENTITLEMENT OFFER – SHORTFALL NOTICE
Cokal Limited (ASX:CKA, “Cokal” or “the Company”) confirms that the Entitlement Offer announced on 18 June 2019 closed on 15 July 2019. The Company advises that it received applications from Eligible Shareholders for a total of 33,848,074 shares under the Entitlement Offer, raising approximately $1,692,404 million from Eligible Shareholders in respect of the Offer. The shortfall under the Entitlement Offer was 67,703,981 shares. That shortfall is expected to be taken up by Eligible Shareholders, New Investors and the Company’s major shareholder and underwriter, Aahana Global Resources & Investment Pte Ltd.
ENDS
Further enquiries: Domenic Martino Non Executive Chairman E: [email protected]
About Cokal Limited
Cokal Limited (ASX:CKA) is an Australian listed company with the objective of becoming a metallurgical coal producer with a global presence. Cokal has interests in four projects in Central Kalimantan, Indonesia, which are considered prospective for metallurgical coal.
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16 July 2019