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DART MINING NL — Capital/Financing Update 2018
Jun 26, 2018
64792_rns_2018-06-26_ad65e695-4583-400d-a472-61ca8ca389e2.pdf
Capital/Financing Update
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27 JUNE 2018
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Notification of Shortfall for Entitlement Offer
Dart Mining NL Limited ( ASX: DTM ) (“Dart” or “ the Company ”) confirms the Company’s pro rata nonrenounceable entitlement offer (“ Entitlement Offer ”) of one New Share offered for every three shares held by Eligible Shareholders at an issue price of $0.009 per share and one free attaching option for every new share issued, exercisable at one cent and expiring on 28 February 2019 closed on Friday, 22 June 2018.
The Company received acceptances from 224 Eligible Shareholders for a total of 89,397,401 New Shares raising $804,577.35.
The number of New Shares offered pursuant to the Offer was 214,140,444 resulting in a shortfall of 124,743,043 New Shares. The Company expects to place this shortfall over the next 2 weeks.
The allotment and issue of the New Shares under the Offer will occur on Friday, 29 June 2018. It is anticipated that normal trading of the New Shares will commence on Monday, 2[nd] July 2018.
The Board of Directors wishes to thank shareholders for their participation in the Entitlement Offer.
Yours faithfully
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Julie Edwards
Company Secretary
For further information please contact
James Chirnside
Managing Director Ph. Mobile 0419 605 842 Email [email protected]
Dart Mining NL ABN 84 119 904 880 PO Box 141 Corryong, Victoria 3707 Australia Phone: +61 (0)2 6076 2336 | Email: [email protected] | www.dartmining.com.au |