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DIATREME RESOURCES LIMITED — Capital/Financing Update 2012
Dec 4, 2012
64787_rns_2012-12-04_eb330848-d134-42b1-91a3-9c983d8efcf0.pdf
Capital/Financing Update
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DIATREME RESOURCES LIMITED
ABN: 33 061 267 061
Postal Address: P.O Box 10288 Brisbane Adelaide Street QLD 4000 Registered Office: Level 2 87 Wickham Terrace Spring Hill QLD 4000 PH: +61 (0)7 3832 5666 FX: +61 (0)7 3832 5300 www.diatreme.com.au [email protected]
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ASX : DRX
Market Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street Sydney NSW 2000
5 December 2012
DIATREME RAISES $791,000 THROUGH SHARE PURCHASE PLAN
The Directors of Diatreme Resources Limited (ASX: DRX) are pleased to announce that $791,000 has been raised through the recently completed Share Purchase Plan (“SPP”).
Executive Chairman, Mr Tony Fawdon, stated that in the current investment market uncertainty the SPP produced a sound result.
“I thank all shareholders who participated in the capital raising, the proceeds of which will partially be applied toward progressing the Cyclone Zircon Project DFS. Certain funds will also be directed into the continuing exploration on the Company’s highly prospective, but less advanced, mineral sand and metalliferous projects” Mr Fawdon said.
A total of 31,655,266 new shares have today been allotted as a result of the SPP. Shareholder statements will be dispatched on or before 7 December 2012.
Following completion of the SPP the Company now has 473,582,422 shares (ASX:DRX) and 88,650,035 listed 15 cent options (ASX:DRXO) on issue.
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David H Hall Executive Director - Operations