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GEOPACIFIC RESOURCES LTD Capital/Financing Update 2007
65008_rns_2007-02-12_c69fe583-e6e9-4471-b9f6-953fc96e0bb1.pdf
Capital/Financing Update
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13 February 2007
The Company Announcements Office Australian Stock Exchange Limited Exchange Centre, Level 6, 20 Bridge Street SYDNEY NSW 2000
Dear Sirs.
Capital Raising and Allotment of Shares
Geopacific Resources NL (ASX: GPR) is pleased to announce that \$1,821,657 (before placement costs) has been raised through the placement of 3,373,440 shares issued at \$0.54. The holding statements for the new shares will be despatched today.
Placement of the remaining shares of the 4.6 million share placement detailed by the Short Form Prospectus lodged with ASIC on 22 December 2006 is expected to be completed during the next several days.
Funds raised from the issue of these shares will be used for an expanded program of drilling and additional IP geophysics in response to the exciting gold and copper targets that have been generated by work to date at Raki Raki, Nadi South and Vuda, and also to pursue acquisition of an advanced exploration property with early development potential.
Other information on the Company's projects and previous Geopacific Geopacific's available website announcements are on at www.geopacific.com.au.
Yours faithfully
lan J Pringle (Managing Director)
Further Information
For further information please contact Ian Pringle, Managing Director, on (02) 9699 7311 or [email protected]. An overview of Geopacific Resources NL can be viewed at www.geopacific.com.au.
Geopacific Resources NL ACN 003 208 393
[email protected] www.geopacific.com.au
Australia - Sydney
556 Crown St (PO Box 477) Surry Hills NSW 2010 AUSTRALIA
T +61 2 9699 7311 F+61 2 9699 7322
Fiii -- Nadi PO Box 9975 Nadi Airport Nadi FIII