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GENESIS RESOURCES LIMITED — Capital/Financing Update 2012
Aug 8, 2012
64980_rns_2012-08-08_1c748a5c-2f65-48cf-8f6e-0ea37685bdf9.pdf
Capital/Financing Update
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ASX Release
GENESIS RESOURCES LIMITED (ASX:GES)
9 August 2012
Completion of Placement of Shares
The Board of Genesis Resources Limited (the Company ) is pleased to announce that the Company has completed the issue and allotment of 11,863,548 fully paid ordinary shares to a strategic sophisticated investor based in Malaysia, S Active Holding Sdn Bhd ( Placement ) at an issue price of $0.12 per share.
The Company raised $1,423,625 under the Placement, which will be used to progress the Company’s ongoing exploration activities associated with its Plavica Project in Macedonia.
An Appendix 3B in relation to the issue of the Placement shares will follow shortly.
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For further information, please contact:
Sophie Karzis Company Secretary Genesis Resources Limited T: +61 3 9665 0403 M: 0409 540 827 E: [email protected]
GENESIS RESOURCES LIMITED ACN 114 787 469 Level 3, 1 Collins Street, Melbourne, Victoria 3000, Australia Tel: +61 3 9665 0411 | Fax: +61 3 9650 5571 | www.genesisresourcesltd.com.au