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COPPERMOLY LIMITED — Capital/Financing Update 2013
Jul 28, 2013
64690_rns_2013-07-28_e2dd3c8a-04db-4e40-9803-8ccc1ef24b42.pdf
Capital/Financing Update
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29 July 2013
ASX Code: COY
Takeovers Panel Interim Orders
Coppermoly Limited ( Coppermoly ) advises that, following the application made to the Takeovers Panel by Yeaman Nominees Pty Limited ( Application ) on 26 July 2013 in relation to Coppermoly’s non-renounceable entitlement offer ( Offer ), the Takeovers Panel has today made interim orders requiring that Coppermoly must, among other things:
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a) not issue or allot any new shares under the Offer without the prior approval of the Takeovers Panel; and
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b) take all action necessary to postpone the commencement of deferred settlement trading of new shares to be issued under the Offer.
This means that in accordance with the prospectus dated 26 June 2013, the Offer will still close at 5.00pm tomorrow, Tuesday 30 July 2013, however, there will be a delay to the remainder of the timetable set out in the Prospectus lodged with ASIC on 26 June 2013.
Pending a decision being made by the Takeovers Panel, all application money will be held on trust for applicants, separately from all other Coppermoly funds.
Coppermoly will provide a further updates regarding the Application as soon as it is in a position to do so.
On behalf of the board,
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Maurice Gannon MANAGING DIRECTOR
Level 1, 94 Bundall Rd Bundall, Queensland 4217 Email: [email protected] Telephone: +61 7 5592 1001
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