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G11 RESOURCES LIMITED — Capital/Financing Update 2014
Jun 26, 2014
64956_rns_2014-06-26_451c9fdf-8874-4b81-8125-454d5dcb0b9c.pdf
Capital/Financing Update
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C/- HLB Mann Judd (SA) Pty Ltd 169 Fullarton Road DULWICH SA 5065
27 June 2014
Dear Lawson Gold Shareholder
Lawson Gold Limited Rights Issue
On 25 June 2014, Lawson Gold Limited ( Lawson Gold ) announced a one for one non-renounceable pro rata rights issue at an issue price of $0.03 per new Lawson Gold share ( Rights Issue ). Eligible shareholders registered as at 2 July 2014 will be entitled to participate in the Rights Issue in respect of the number of shares they are the registered shareholder of.
Lawson Gold has decided, pursuant to Listing Rule 7.7.1 of the ASX Listing Rules, that it is unreasonable to make the offer to shareholders who have a registered address in a country outside of Australia or New Zealand ( Excluded Shareholders ) having regard to:
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the small number of shareholders with addresses in these other countries;
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the number and value of the Lawson Gold shares they hold; and
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the cost to Lawson Gold of complying with the legal requirements and the requirements of the regulatory authorities in each of the other countries concerned.
We regret that the Rights Issue is therefore not able to be extended to Excluded Shareholders. Excluded Shareholders will not receive a copy of the Offer Booklet.
Should you have any queries, please contact the Company Secretary on +61 8 8133 5000.
Yours faithfully
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Simon O’Loughlin
Chairman