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DEVELOP GLOBAL LIMITED — Regulatory Filings 2009
Aug 31, 2009
64801_rns_2009-08-31_99d32462-4dcb-448d-a37d-9dffcd43cea1.pdf
Regulatory Filings
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ASX ANNOUNCEMENT ASX Code: VXR
1 September 2009
Company Announcements Office ASX Limited Level 8 Exchange Plaza 2 The Esplanade PERTH WA 6000
Dear Sir
NON-RENOUNCEABLE ENTITLEMENT ISSUE - NOTIFICATION OF SUBSCRIPTIONS
Venturex Resources Limited wishes to advise that pursuant to the Entitlement Issue Prospectus dated 31 July 2009, the following subscriptions have been received by the Company as at the closing date of 28 August 2009:
| Maximum numberofshares available undertheRightsIssue | 39,025,669 |
|---|---|
| Number of shares taken up by Shareholders | 23,732,792 |
| Numberofsharesnot takenup by Shareholders (ShortfallShares) | 15,292,877 |
The Company received $1,186,639.60 under the Entitlement Issue.
The Company expects that the new shares will be allotted, and holding statements despatched to Shareholders, on or before 7 September 2009.
The Underwriter, Argonaut Capital Limited, has been notified of the Shortfall and will proceed to lodge applications for 100% of the Shortfall Shares, representing a further $764,643.85, in accordance with the Underwriting Agreement.
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]