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COMET RIDGE LIMITED — Capital/Financing Update 2009
May 28, 2009
64686_rns_2009-05-28_23f6f218-4c45-445f-91c6-c7e0855b0eb9.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
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29 May 2009
Non-renounceable entitlement offer
On 18 May 2009, Comet Ridge Limited (Comet Ridge) announced that eligible Comet Ridge shareholders will have the opportunity to participate in a non-renounceable entitlement offer to acquire 1 new share for every 5 shares held as at 5:00pm (WST) on the Record Date being 27 May 2009, at an issue price of A$0.27 per new share.
The Offer Booklet dated 18 May 2009 and Entitlement and Acceptance Form has now been dispatched to eligible shareholders in accordance with the timetable set out in the Offer Booklet.
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Stephen Rodgers Company Secretary Comet Ridge Limited
For further information please contact:
Tor McCaul Managing Director, Comet Ridge Limited [email protected] +61 400574932
COMET RIDGE LIMITED - OVERVIEW
Comet Ridge Limited is a Brisbane based, ASX-listed (ASX Code: COI) coal seam gas (CSG) exploration and development company with a focus in Queensland, NSW and New Zealand. Comet Ridge also has exposure to prospective conventional oil and gas fields via ownership of a joint venture company based in the United States. The Company has several projects in various stages of maturity. These projects are expected to build shareholder value and lead to strong earnings in the future.
AUSTRALIA ASX CODE: COI 210 Alice Street Brisbane Qld 4000 Phone: +61 7 3221 3661 Facsimile: +61 7 3221 3668
Comet Ridge Limited ABN 47 106 092 577 E-mail: [email protected] Website: www.cometridge.com.au