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HELIOS ENERGY LTD — Capital/Financing Update 2014
Sep 18, 2014
65047_rns_2014-09-18_777bd053-115e-489a-9747-b15e7f4ab602.pdf
Capital/Financing Update
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ASX:NHO
Released: 19 September 2014
Directors & Management
Tony Brennan Non Executive Chairman
Completion of Entitlement Issue
Michael Placha Managing Director
Carl Coward Non Executive Director
Gary Steinepreis Non Executive Director
The Directors of New Horizon Coal Ltd advise that the Company has issued 118,000,000 ordinary shares at an issue price of 1 cent each to raise $1,180,000 (before costs of the offer) under the fully underwritten entitlement issue.
Registered Office
Level 1, 33 Ord Street West Perth WA 6005 Australia T: +61 8 9420 9300 [email protected]
The funds raised will support the working capital of the Company, fund the strategic review and allow funds to actively investigate new business opportunities in all business sectors, including those outside the mining sector.
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