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FireFly Metals Ltd. — Capital/Financing Update 2013
Nov 17, 2013
48548_rns_2013-11-17_6b2853fc-8615-45e2-846d-634fe7c4f940.pdf
Capital/Financing Update
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Exploration Office Unit 2 / 81 Harrison Road Dudley Park SA 5008 [email protected]
ABN: 96 110 336 733
Tel: +61 8 8245 4900 Fax: +61 8 8245 4999 www.monaxmining.com.au
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ASX RELEASE
For Immediate Release 18 November 2013
Notification of Shortfall under Rights Issue
Monax Mining Limited (ASX: MOX) ( Monax ) wishes to confirm that its 1 for 3 non renounceable rights issue ( Rights Issue ) closed at 5pm (ACDT) on 14 November 2013.
Monax gives notice of the shortfall of subscriptions for its Rights Issue as follows:
| Total number of shares offered: | 48,991,628 |
|---|---|
| Ineligible foreign holders: | 1,080,640 |
| Final number of shares accepted: | 3,932,454 |
| Shortfall: | 46,139,814 |
The Company is in discussions with a number of parties interested in participating in the placement of shortfall. As set out in the Prospectus, the Directors may issue the shortfall at their discretion within 3 months after the close of the Rights Issue.
Yours faithfully
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Gary Ferris Managing Director