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EDEN INNOVATIONS LTD — Capital/Financing Update 2013
Jul 28, 2013
64820_rns_2013-07-28_0a5fa354-06b0-439f-bd6d-5d6330fc3d98.pdf
Capital/Financing Update
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----- Start of picture text ----- ACN 109 200 900----- End of picture text -----
AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
29 July 2013
PRO-RATA NON-RENOUNCEABLE RIGHTS ISSUE
The non-renounceable pro-rata rights offer ( Offer ) made to shareholders of Eden Energy Ltd ( Eden ) who were on the register as at 5:00pm WST on 5 July 2013 pursuant to an offer document dated 26 June 2013 ( Offer Document ) which closed on 24 July 2013.
Eden gives notice of the shortfall subscriptions for the Offer as follows:
| No. of NewShares | GrossProceeds ($) | |
|---|---|---|
| Total number of shares offered | 104,128,124 | 1,041,281.24 |
| Shares accepted under the Offer | 73,792,438 | 737,924.38 |
| Additional shares accepted under the Offer | 23,290,441 | 232,904.41 |
| Shortfall | 7,045,245 | 70,452.45 |
The above figures are subject to none of the subscription proceeds received by cheque being dishonoured between the time of this announcement and the allotment and issue of New Shares.
Eden reserved the right in the Offer Document to place any shortfall shares within three months after the closing date of the Offer at a price which is not less than the price at which the Shares were offered under the Offer.
Accordingly upon completion of the issuing of all the Shares, the total value raised will be $970,828.79 (before the payment of the expenses of the issue).
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Gregory H. Solomon Executive Chairman
Level 15, 197 St Georges Terrace, Perth, Western Australia 6000 Telephone: (08) 9282 5889 Facsimile: (08) 9282 5866 Email: [email protected]