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HELIX RESOURCES LIMITED Capital/Financing Update 2005
65059_rns_2005-11-21_09fe5a3e-0d06-4b78-935e-aa03537a7543.pdf
Capital/Financing Update
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22 November 2005
1 FOR 4 RENOUNCEABLE RIGHTS ISSUE
In accordance with Appendix 7A of the Australian Stock Exchange Listing Rules, Helix Resources Limited provides details below of the subscriptions received in relation to the Company's fully underwritten 1 for 4 Renounceable Rights Issue:
| Number of shares | ||
|---|---|---|
| Total number of shares offered | 19,167,683 | 1,916,768 |
| Acceptances received by the Company | 15,747,030 | 1,574,703 |
| Shortfall shares | 3,420,653 | |
Pursuant to the terms of the Underwriting Agreement between the Company and Patersons Securities Limited ('the Underwriter'), the Company has given notice to the Underwriter of the Shortfall Shares. In accordance with the terms of the Underwriting Agreement, the Underwriter must lodge or cause to be lodged Applications for the Shortfall Shares by Tuesday, 22 November 2005.
