AI assistant
EV RESOURCES LTD — Transaction in Own Shares 2018
Feb 27, 2018
64887_rns_2018-02-27_f49a55d4-6747-4174-92cf-0f9533301027.pdf
Transaction in Own Shares
Open in viewerOpens in your device viewer
ASX ANNOUNCEMENT
==> picture [219 x 96] intentionally omitted <==
28 February 2018
Completion of Less Than Marketable Parcel Share Sale
Jadar Lithium Limited (ASX: JDR ) (“ Jadar ” or “the Company ”) advises that it has completed the sale of shares for holders of Less Than Marketable Parcels (LTMP) in the Company.
A total of 1,239 shareholders, with an aggregate of 1,684,719 shares participated in the program. The shares were sold at a price of 2 cents per share. It is anticipated that the proceeds will be distributed to participants towards the end of this week.
Following completion of the LTMP share sale, the Company has approximately 1,030 shareholders.
Jadar’s Chairman commented “It is a pleasing result from the LTMP program, which will reduce ongoing administrative costs and at the same time, has provided an opportunity for a significant number of shareholders to sell their relatively small shareholdings with no commission payable. Jadar appreciates the support of the investors in purchasing the shares as the Company looks to progress its 2018 work program.”
ENDS
Further enquiries:
Luke Martino Non-Executive Chairman Tel: +61 8 6489 0600
Jadar Lithium Limited ABN 66 009 144 503
311-313 Hay Street Subiaco, Western Australia 6008 T:+61 (0) 8 6489 0600 F: +61 (0) 8 9388 3701 www.jadarlithium.com.au