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EMETALS LIMITED — Capital/Financing Update 2012
Oct 2, 2012
64850_rns_2012-10-02_33ea6ac3-513a-436d-b4b7-252983475981.pdf
Capital/Financing Update
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WEST PEAK IRON LTD
ENTITLEMENT ISSUE SHORTFALL
ASX announcement
3 October 2012
ACN: 142 411 390
T: 08 6489 1600
F: 08 6489 1601
E: [email protected] Suite 9, 330 Churchill Avenue,
Subiaco WA 6008
PO Box 866,
Subiaco WA 6904
The Manager Company Announcements Office Australian Securities Exchange Ltd 4th Floor, 20 Bridge Street SYDNEY NSW 2000
The Directors of West Peak Iron Limited (“West Peak” or the “Company”) are pleased to advise that the Company has placed an additional 18,227,539 shares at $0.05 to raise $911,376.95 before costs as part of the shortfall of the recent Entitlement Issue. The Entitlement Issue and subsequent shortfall has now been successfully completed and closed.
| Shares | Proceeds | |
|---|---|---|
| Total shares offered | 32,250,000 | $1,612,500.00 |
| Shares validly applied for under theEntitlement Issue | 14,022,461 | $701,123.05 |
| Shortfallplaced bythe Board | 18,227,539 | $911,376.95 |
Directors & Management
Graham Marshall: Chairman
Yours Faithfully By Order of the Board
Mathew Walker: Director
John Royle: Director
Mathew Walker Executive Director
Shane Tomlinson: Exploration Manager
David Parker: Joint Company Secretary
Sonu Cheema: Joint Company Secretary
Issued Capital
64,500,000 ordinary shares
13,105,465 unlisted options exercisable at 20 cents each on or before 30 June 2013
500,000 unlisted options exercisable at 30 cents each on or before 30 June 2013