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HELIX RESOURCES LIMITED — Capital/Financing Update 2021
Apr 12, 2021
65059_rns_2021-04-12_3c86b971-15f8-4bb0-897f-1bb98770ff61.pdf
Capital/Financing Update
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ASX Announcement
13 April 2021
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NOTICE UNDER SECTION 708A(5)(E) CORPORATIONS ACT
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As announced on 13 April 2021, the Company issued a total of 120,081,686 fully paid ordinary shares to numerous sophisticated and exempt investors as part of tranche 2 of a placement.
Accordingly the Company gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (the "Corporations Act") that:
the abovementioned ordinary shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act ;
as at the date of this notice the Company has complied with:
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the provisions of Chapter 2M Corporations Act as they apply to the Company; and
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section 674 Corporations Act ; and
as at the date of this notice there is no "excluded information" (as defined in subsection 708A(7) of the Corporations Act ) which is required to be disclosed by the Company.
Ben Donovan Company Secretary
The release of this announcement has been authorised by Ben Donovan, Company Secretary.
Corporate Office 78 Churchill Avenue Subiaco WA 6008 www.helixresources.com.au
T +61 8 9321 2644 F +61 8 9321 3909 E [email protected]
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ABN: 27 009 138 738 HLX ASX: HLX
Contact Details: Helix Resources Limited 78 Churchill Avenue, SUBIACO, WA, 6008
PO Box 825 West Perth, WA, 6872
Email: [email protected] Web: www.helixresources.com.au Tel: +61 (0)8 9321 2644
Board of Directors:
Peter Lester Non-Executive Chairman Tim Kennedy Non-Executive Director Jason Macdonald Non-Executive Director Mike Rosenstreich Managing Director
Company Secretary Ben Donovan
Investor Contact: Mike Rosenstreich Tel: +61 (0)8 9321 2644 Email: [email protected]
Media Contact: Michael Vaughan Fivemark Partners Tel: +61 422 602 720 Email: [email protected]
About Helix Resources
Helix Resources Limited (ASX:HLX) has been listed on the ASX since May 1986, exploring and developing projects in Australia and globally.
The Company’s current focus is its exciting copper and gold projects located near Cobar in New South Wales. The Cobar Region is highly endowed, with a number of gold and base metals mines active in the region including the CSA Mine, Peak Mine, Tritton Copper Operations and Hera Mine.
At the Company’s 100% owned Collerina Copper Project , the Company discovered the VMS-hosted Central Zone deposit in 2017, with a maiden Mineral Resource defined soon after. The Company is actively exploring in and around the Mineral Resource, looking for both clusters of mineralisation as well as potential extensions to the Mineral Resource.
To the west, the Company’s 100% owned Cobar Gold Project has identified a number of Mineral Resources, mainly focused on high-grade historical workings. The geology and structure at these prospects are similar to that seen at the 4Moz Peak Gold Mine to the north, where deposits are known to extend to over 1600m depth. The Company is looking to increase the Mineral Resources as well as assess near term mining and processing opportunities.
More recently, the Company identified a 1.7km x 0.7km north-westerly trending zone, which it has called the Rochford Trend . Within the trend, the Bijoux Prospect was the first drill tested by the Company, with wide zones of anomalous copper identified.
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