AI assistant
DEVELOP GLOBAL LIMITED — Capital/Financing Update 2009
Sep 8, 2009
64801_rns_2009-09-08_b5313505-8c2f-4e54-b7ab-1e4a44fd0504.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [239 x 79] intentionally omitted <==
ASX ANNOUNCEMENT ASX Code: VXR
9 September 2009
Company Announcement Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000
Dear Sir
SHORTFALL PLACEMENT
Venturex Resources Limited wishes to advise that it has issued 15,292,877 Shortfall Shares resulting from the pro-rata non-renounceable Entitlement Issue Prospectus dated 31 July 2009 and the Supplementary Prospectus dated 21 August 2009 in accordance with the Underwriting Agreement.
The 15,292,877 Shortfall Shares have been placed on the same terms as the offer, raising a further $764,643.85.
As the Shortfall was more than 10,000,000 shares, no further placement was made to priority subunderwriters as detailed in the Prospectus.
Total funds raised from the Entitlement Issue and Shortfall was $1,951,283.45, the maximum subscription amount under the 1:10 entitlements offer.
Yours faithfully
TIM SUGDEN Managing Director
Registered & Principal Office Sutie 3, Level 1, 127 Cambridge Street, West Leederville WA 6007 PO Box 1444, West Leederville WA 6901
ABN 28 122 180 205 Tel: +61 8 6389 7400 www.venturexresources.com Fax: +61 8 9463 7836 E: [email protected]