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DOTZ NANO LIMITED Capital/Financing Update 2012

Oct 3, 2012

64794_rns_2012-10-03_d595dd93-d227-4fee-805f-f40987fef910.pdf

Capital/Financing Update

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ASX Circular

Date : 4 October 2012

Key topics

  1. Northern Iron Limited

  2. ASX Code: NFE

  3. Accelerated NonRenounceable Entitlement Offer timetable.

NORTHERN IRON LIMITED – ACCELERATED NONRENOUNCEABLE ENTITLEMENT OFFER

Participating Organisations are advised that Northern Iron Limited (the “Company”) has announced a 1 for 3 accelerated non-renounceable pro rata entitlement offer (the “Entitlement Offer”), at an offer price of $0.45 per new security to raise approximately $55.5 million.

The Entitlement Offer has two components:

  • An institutional entitlement offer, where offers have been made to qualifying institutional securityholders for them to apply for their pro-rata entitlement to raise approximately $47.2 million (the “Institutional Entitlement Offer”).

Reading List

Client Advisers Compliance Managers Corporate Advisory DTR Operators Listings Institutions

ASX Settlement Participants Office Managers Operations Managers (back office)

Research Analysts ASX Clear Participants Market Participants

  • A retail entitlement offer, where offers will be made to qualifying retail securityholders for them to apply for their pro-rata entitlement to raise approximately $8.3 million (the “Retail Entitlement Offer”).

The Institutional Entitlement Offer is underwritten by Goldman Sachs Australia Pty Ltd.

The Record Date for the Entitlement Offer is Tuesday, 9 October 2012.

The Retail Entitlement Offer is expected to close on Friday, 26 October 2012.

Securities issued under the Entitlement Offer will rank equally with existing securities on issue.

Authorised By

Elizabeth Harris

Contact

Elizabeth Harris

ASX Limited ABN 98 008 624 691 Exchange Centre 20 Bridge Street Sydney NSW 2000 PO Box H224 Australia Square NSW 1215

Internet: http://www.asx.com.au

No responsibility is accepted for any inaccuracies contained in the matter published.

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The indicative timetable in relation to the Entitlement Offer is as follows:

Event Date
Trading halt and announcement of the Entitlement Offer Thursday, 4 October 2012
Institutional Entitlement Offer opened Thursday, 4 October 2012
Institutional Entitlement Offer closed Friday, 5 October 2012
Announcement to end trading halt
Company’s securities re-commence trading
Monday, 8 October 2012
Record date 7:00pm (Sydney time),
Tuesday, 9 October 2012
Despatch of Retail Entitlement Offer Booklet and Entitlement and Acceptance
Form to retail shareholders
Thursday, 11 October 2012
Settlement of the Institutional Entitlement Offer and Retail Entitlement Offer
early close
Thursday, 11 October 2012
Retail Entitlement Offer opens Friday, 12 October 2012
New securities issued under the Institutional Entitlement Offer expected to
commence trading on a normal basis
Friday, 12 October 2012
Retail Entitlement Offer closes 5:00pm (Sydney time), Friday
26 October 2012
New securities issued under the Retail Entitlement Offer expected to
commence trading on a normal basis
Thursday 8 November 2012

Settlement Issues

Despite the fact that securities are trading “ex entitlement” on ASX Trade, CHESS will not recognise for settlement purposes the “ex entitlement” or the “cum entitlement” tag on CHESS messages and CHESS will not maintain cum balances during the deemed “CHESS ex-period”, i.e. the period commencing on the deemed CHESS Ex-Date up to and including the record date. However, a record date cum balance will be available the business day following the record date, which will be equal to the registered holding balance at CHESS end of day on the record date. As a result any transfer that occurs prior to record date will be effectively transferred on a “cum” basis.

Therefore, Participants must ensure that any transfer, including the priming of Broker Entrepot Accounts, is conducted in accordance with the basis of quote. For example, a transfer in relation to a transaction conducted on an ex-basis should ordinarily only occur post record date.

CHESS will perform automatic diary adjustments to “cum entitlement” settlement obligations outstanding as at the record date.

Trading issues

ASX will not price a “cum” market with respect to trading in the Company’s securities. Persons who acquire the Company’s securities after the commencement of the trading halt on Thursday, 4 October 2012 are not entitled to participate in the Entitlement Offer.

Further information

For further details, please refer to the Company’s recent announcements or phone the shareholder information line on 1300 764 285 (within Australia) and +61 3 9415 4000 (outside Australia).

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