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ENERGY METALS LTD — Capital/Financing Update 2007
Dec 17, 2007
64845_rns_2007-12-17_7468288d-1b03-403b-8ffa-75e2e8bf9a77.pdf
Capital/Financing Update
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18 December 2007
The Manager Company Announcements Office Australian Securities Exchange Level 4, 20 Bridge Street SYDNEY NSW 2000
Energy Metals Limited ABN 63 111 306 533 Level 2 18 Kings Park Road West Perth WA 6005 PO Box 1033 West Perth WA 6872 Western Australia Telephone: (08) 9322 6904 Facsimile: (08) 9321 7950 Email: [email protected] Web: www.energymetals.net
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Dear Sir/Madam
ENERGY METALS LIMITED – RIGHTS ISSUE NOW CLOSED
On 12 November 2007 Energy Metals Limited announced a fully underwritten NonRenounceable Rights Issue to eligible shareholders to subscribe for one new share for every twenty shares held at an issue price of $3.50 per share.
The Directors are pleased to advise that the Rights Issue has now closed and 1,482,287 shares will be allotted in due course pursuant to the Rights Issue, raising a total of $5,188,004.50 (before costs).
The Company confirms 448 Shareholders subscribed for 1,426,666 shares (or 96% of the securities to be issued) pursuant to the Rights Issue. Subject to an underwriting agreement, the shortfall of 55,621 shares will be taken up by clients of Hartleys Limited.
The Directors appreciate the strong support of shareholders and the underwriter and is delighted with the success of the Rights Issue.
Yours sincerely,
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Trish Farr Company Secretary.