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EMETALS LIMITED — Capital/Financing Update 2015
Jun 29, 2015
64850_rns_2015-06-29_c9b69974-4570-4da8-8fa2-315a4033f692.pdf
Capital/Financing Update
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WEST PEAK IRON LIMITED
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ASX announcement
30 June 2015
ACN: 142 411 390
COMPLETION OF ENTITLEMENT ISSUE AND SHORTFALL SHARES
The Manager Company Announcements Office Australian Securities Exchange Ltd 4th Floor, 20 Bridge Street SYDNEY NSW 2000
T: 08 6489 1600
F: 08 6489 1601
E: [email protected] Suite 9, 330 Churchill Avenue,
West Peak Iron Limited (ASX: WPI or the “ Company ”) is pleased to advise that it has now completed the issue and allotment of entitlement shares and shortfall shares pursuant to its non-renounceable Entitlement Issue Offer ( Entitlement Issue ).
Subiaco WA 6008
PO Box 866,
Subiaco WA 6904
Directors & Management
Gary Lyons: Chairman
Mathew Walker: Director
Teck Wong: Director
Sonu Cheema: Company Secretary
Eligible Shareholders applied for 61,439,616 shares totaling $614,396 as per their eligible holder rights. Furthermore, the Company and the Underwriter had accepted additional entitlement issue applications for a further 8,888,784 shares totaling $88,888. The remaining shortfall of 29,500,000 shares totaling $295,000 (or approximately 30%) has been placed by the Underwriters to the Offer in accordance with the Underwriting Agreement. The Entitlement Issue has raised a total amount of approximately $998,284 (before costs and expenses of the offer). Net proceeds will be applied as described in the Entitlement Issue Offer Memorandum lodged with ASX on 2nd June 2015 and the Supplementary Prospectus lodged with ASX on 15th June 2015.
The Company confirms that following allotment of the new shares under the Entitlement Issue, the Company has 199,656,800 fully paid ordinary shares on issue.
The Directors wish to thank all participating shareholders for their continued support for the Company’s activities.
Issued Capital
199,656,800 Ordinary shares
ASX Code: WPI
Yours Faithfully By Order of the Board
Mathew Walker Director
For further information contact: Mathew Walker; Director, West Peak Iron Ltd. Telephone: +61 8 6489 1600 Email: [email protected]