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DATELINE RESOURCES LIMITED — Capital/Financing Update 2017
Oct 2, 2017
64793_rns_2017-10-02_af183829-2a7a-4296-8f32-c54d7496b9eb.pdf
Capital/Financing Update
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3 October 2017
Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000
Allocation of Non-Renounceable Rights Issue Shortfall
Dateline Resources Limited (DTR) ("Dateline" or the "Company") refers to its announcement on 21 July 2017 in regard to the 1 for 2 non-renounceable rights issue of up to 200,247,902 fully paid ordinary shares at $0.02 per share to raise up to approximately $4,000,000 (before costs) ( Rights Issue ).
The Company closed the Rights Issue on 9 August 2017, raising a total of $2,184,835 and as a result there was a shortfall of $1,815,165 or 91,006,146 shares.
The Board is pleased to advise that under the terms of the Rights Issue, the shortfall has been placed to sophisticated investors. An Appendix 3B will be issued shortly.
The Board wishes to thank shareholders for their participation and continued support.
John Smith Company Secretary
Dateline Resources Limited (ACN 149 105 653) Level 29, 2 Chifley Square, Sydney, NSW 2000