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EMETALS LIMITED — Capital/Financing Update 2012
Sep 12, 2012
64850_rns_2012-09-12_ff993dfb-d938-4eca-9abd-110549f5266d.pdf
Capital/Financing Update
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WEST PEAK IRON LTD
ASX announcement
13 September 2012
ACN: 142 411 390
T: 08 6489 1600
F: 08 6489 1601
Suite 9, 330 Churchill Avenue,
Subiaco WA 6008
PO Box 866,
Subiaco WA 6904
ENTITLEMENT ISSUE CLOSURE AND NOTICE OF SHORTFALL
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 shareholders have made entitlement applications for 12,800,461 shares and also applied for 1,222,000 additional shares, a total of 14,022,461 shares. The Entitlement Issue offered eligible shareholders one (1) new fully paid ordinary share in the Company for every one (1) share held on the Record Date at an issue price of $0.05 per share.
Directors & Management
Graham Marshall: Chairman
Mathew Walker: Director
John Royle: Director
Shane Tomlinson: Exploration Manager
David Parker: Joint Company Secretary
Sonu Cheema: Joint Company Secretary
The total amount received from shareholders was $701,123.
| 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 |
| Shortfall available to be placed by theBoard | 18,227,539 | $911,376.95 |
Yours Faithfully By Order of the Board
Mathew Walker Executive Director
Issued Capital
46,272,461 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
ASX Code: WPI