AI assistant
HELIX RESOURCES LIMITED — Capital/Financing Update 2014
Aug 21, 2014
65059_rns_2014-08-21_b0a6f2d2-6eeb-459e-8b99-83cf28017162.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [194 x 9] intentionally omitted <==
==> picture [194 x 10] intentionally omitted <==
==> picture [194 x 10] intentionally omitted <==
==> picture [194 x 9] intentionally omitted <==
==> picture [194 x 10] intentionally omitted <==
==> picture [194 x 9] intentionally omitted <==
ASX Announcement
22 August 2014
OPTION UNDERWRITING AGREEMENT
The Directors of Helix Resources Limited are pleased to announce that the Company has entered into an underwriting agreement with sophisticated investors to underwrite the conversion of the first 20,000,000 listed options (HLXO) at $0.015, including those exercised since December 2012, ensuring the Company receives proceeds of at least $300,000. The underwriters, which are not related parties of the Company, are to be paid an underwriting fee of 3% for a total consideration of $9,000.
The underwriting will ensure the Company has adequate cash available to fund its stated objectives of advancing Helix’s Chile and Australian exploration assets and for working capital.
Option holders are eligible to exercise their options up to 5.00pm (EST) on 30 September 2014.
‐ ENDS ‐
For further information:
Mick Wilson Managing Director [email protected] Ph: +61 8 9321 2644
Pasquale Rombola Chairman [email protected] Ph: +61 413 239 630
Helix Resources Limited A.C.N. 009 138 738 Incorporated in Western Australia Suite 7 / 29 Ord Street, West Perth WA 6005
P: +61 8 9321 2644 F: +61 8 9321 3909 www.helix.net.au