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COMET RIDGE LIMITED — Capital/Financing Update 2017
May 31, 2017
64686_rns_2017-05-31_4d688ea0-eff3-4451-85b8-9255e1d8f01f.pdf
Capital/Financing Update
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MARKET RELEASE
1 June 2017
Comet Ridge Limited
TRADING HALT
The securities of Comet Ridge Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 5 June 2017 or when the announcement is released to the market.
Security Code: COI
Belinda Chiu
SENIOR ADVISER, LISTINGS COMPLIANCE
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Comet Ridge Limited Level 3 283 Elizabeth Street Brisbane Qld 4000 Phone: +61 7 3221 3661 Fax: +61 7 3221 3668 [email protected]
Attn: Belinda Chiu
1 June 2017
ASX Listings Australian Securities Exchange PO Box H224, Australia Square, NSW 1215 By Email: [email protected] [email protected]
Dear Joshua
RE: COMET RIDGE LIMITED – REQUEST FOR TRADING HALT
Pursuant to ASX Listing Rule 17.1 Comet Ridge Limited (ASX:COI) requests that ASX grant a trading halt of its securities with immediate effect, from prior to commencement of trading Thursday 1 June 2017.
In accordance with Listing Rule 17.1 Comet Ridge provides the following information:
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a) The trading halt is requested pending an announcement to the ASX in relation to a proposed capital raising via a placement to Institutions which fall under the class of Professional Investors under section 708 of the Corporations Act 2001 (Cth);
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b) Comet Energy requests that the trading halt remain in place until the earlier of:
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i. the commencement of normal trading on the ASX on Monday 5 June 2017; and
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ii. the release of an announcement by Comet Ridge to the ASX in relation to the proposed capital raising.
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c) Comet Ridge is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.
Yours sincerely Comet Ridge Limited
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Stephen Rodgers Company Secretary