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GBM RESOURCES LIMITED. — Capital/Financing Update 2015
Apr 9, 2015
64966_rns_2015-04-09_c4b062a1-9dde-47aa-9edb-d658536e6ce3.pdf
Capital/Financing Update
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ABN 91 124 752 745
ASX Announcement
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10 April 2015
Share Placement
ASX Code: GBZ
COMPANY DIRECTORS
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Further $567,000 being raised through Private Placement.
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Funds are to be used to support the purchase of 100% interest in Mt Coolon Gold Mines Pty Ltd, a wholly owned subsidiary of Drummond Gold Limited.
Australian resources company GBM Resources Limited (ASX: GBZ) (“GBZ” or “the Company”) is pleased to announce that it has received funds for 13.7 million Placement Shares for $342,500 with the balance of 9 million Placement Shares and monies of $225,000 scheduled for 13 May 2015.
The total Placement of 22.7 million shares at an issue price of $0.025 per share, is being made under the Company’s 15% annual issuing capacity for the purposes of ASX Listing Rule 7.1 and therefore shareholder approval for the issue of the Placement Shares is not required.
The funds raised are to be used to support the purchase of GBM acquiring 100% interest in Mt Coolon Gold Mines Pty Ltd, a wholly owned subsidiary of Drummond Gold Limited (see ASX announcement 9 February 2015) and provide working capital.
Peter Thompson Managing Director/ Executive Chairman
Neil Norris Exploration Director – Executive
Frank Cannavo – Non Executive Director
Chiau Woei Lim Non-Executive Director
CONTACT DETAILS
Principal & Registered Office Suite 8, 7 The Esplanade, Mt Pleasant, WA 6153
Exploration Office 10 Parker Street, Castlemaine, Victoria 3450
Website
For further information please visit www.gbmr.com.au or contact:
Media:
Investors: Media: Peter Thompson Karen Oswald Managing Director Marko Communications GBM Resources Tel: + 0423 602 353 Tel: +61 8 9316 9100
Phone +61 (8) 9316 9100
Fax +61 (8) 9315 5475
Phone (Exploration Office) +61 (3) 5470 5033
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