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GBM RESOURCES LIMITED. — Capital/Financing Update 2013
Feb 21, 2013
64966_rns_2013-02-21_a54fa817-ff9e-4c00-951c-93e1e5f114d5.pdf
Capital/Financing Update
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ASX Announcement 22 February 2013
PLACEMENT OPTION UPDATE
Australian resources company GBM Resources Limited ( ASX: GBZ ) (“GBM” or “the Company”) advises that the option for the second tranche placement with Lion Resources Development Pte Ltd contemplated in the ASX announcement dated 2 October 2012 and approved by shareholders on 23 November 2012 has lapsed as the option was not exercised during the stipulated period.
GBM remains in discussions with Lion Resources Development, and others, on potential funding options for GBM’s Milo IOCG-REE Project in northern Queensland and its gold projects in Queensland and Victoria.
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For Further information please contact:
Peter Thompson Colin Hay Managing Director PPR GBM Resources Limited T: 0404 683 355 Tel: 08 9316 9100 E: [email protected]
Registered Office: Suite 8, 7 The Esplanade, Mt Pleasant, Western Australia 6153 Tel: (08)9316 9100 • Fax: (08)9315 5475 • Web: www.gbmr.com.au Exploration Office: 10 Parker Street, Castlemaine, Victoria 3450 Tel: (03) 5470 5033