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FIRSTWAVE CLOUD TECHNOLOGY LIMITED — Capital/Financing Update 2012
May 27, 2012
64905_rns_2012-05-27_2ffd0b67-9a72-4931-8687-681158d4426b.pdf
Capital/Financing Update
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28 May 2012
The Manager Company Announcements Platform ASX Limited
TELLUS RESOURCES LIMITED – ISSUE OF SHARES TO PREMIER MINERALS LTD AND CLOSURE OF CLEANSING PROSPECTUS
Premier Shares
As announced on 16 May 2012, Tellus Resources Limited ( Tellus ) has executed a formal Share Sale Agreement (the Agreement ) to acquire 100% of the issued capital of Premier Minerals Pty Ltd ( Premier ). In accordance with the Agreement on 17 May 2012, Tellus issued 5,261,250 fully paid ordinary shares in the capital of Tellus ( Shares ) to Premier Minerals Ltd ( PML ), the vendor of the Premier shares. Tellus now wishes to announce that it has issued the remaining 294,305 Shares at a deemed issue price of $0.18 per Share to PML. The Shares issued to PML are subject to a voluntary escrow period of 24 months.
Closure of Prospectus
Tellus advises that the prospectus dated 16 May 2012 ( Prospectus ) has been closed. None of the Shares offered under the Prospectus were allotted or issued.
Yours faithfully,
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Anne Adaley
Company Secretary