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FENIX RESOURCES LTD — Capital/Financing Update 2012
May 20, 2012
64910_rns_2012-05-20_bfb18a6d-dbd3-4af3-bcfb-4ade5eed21fe.pdf
Capital/Financing Update
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21 May 2012
Company Announcements Platform Australian Securities Exchange 20 Bridge Street SYDNEY NSW 2000
Austrasia International Mining Limited Initial Public Offer - Withdrawn
The Directors wish to advise Emergent Shareholders that, due to the adverse conditions on the financial and capital markets, the directors of Austrasia International Mining Limited have withdrawn the Initial Public Offer (IPO) Prospectus, which included a Priority Offer to Emergent Shareholders and which was scheduled to close on 18 May 2012.
The Directors will continue to work with representatives of International Natural Resources Limited to unlock the value of Emergent Resources’ base and precious metal prospective tenements.
ENDS
For further information please contact:
Nathan Lude Wolfgang Fischer Managing Director Chairman Emergent Resources Limited PH: +61 8 9380 9122 E: [email protected] Website: www.emergentresources.com.au