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ESTRELLA RESOURCES LIMITED — Capital/Financing Update 2018
Jul 18, 2018
64878_rns_2018-07-18_d6194751-3724-43bd-948f-0d9847952639.pdf
Capital/Financing Update
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ABN 39 155 151 207
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19 July 2018
Company Announcements ASX Limited
PROPOSED LOYALTY OPTION ENTITLEMENT ISSUE
Estrella Resources Ltd (ASX: ESR ) (“ Estrella ” or “ the Company ”) is pleased to announce that it intends to conduct an entitlement issue of one (1) Option for every three (3) Shares held to eligible shareholders (“Option Issue”). The purpose of the Offer is to recognise the invaluable support the Company has received from its Shareholders.
The Options will have an issue price of $0.001 per Option, exercisable at $0.05 on or before 27 June 2021. The entitlement issue will be non-renounceable and the Company will apply for quotation of the Options.
The timetable (including the Record Date for determining entitlements under the Option Issue) will be set once the Option Issue Prospectus has been lodged with ASIC, anticipated to occur in the coming weeks.
ENDS
For Further Information Contact
Christopher J. Daws Chief Executive Officer
E-mail:[email protected]
Office Address London House, Level 11, 216 St Georges Terrace, PERTH WA 6000 Postal Address GPO Box 2517, PERTH WA 6831 Phone +61 8 9481 0389 Fax +61 8 9463 6103 Email [email protected]
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