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IMPACT MINERALS LIMITED — Capital/Financing Update 2012
Mar 22, 2012
65138_rns_2012-03-22_428de135-8da1-41e5-97ad-2b62612ae800.pdf
Capital/Financing Update
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Number: 199/230312
Date: 23 March 2012
ASX ANNOUNCEMENT
ASX: IPT
15% PLACEMENT RAISES $830,000
Impact Minerals Limited (ASX: IPT) is pleased to announce that is has completed a placement to raise $830,000 through the issue of 16,600,000 new shares at A$0.05 per share which is the limit of the Company’s 15% capacity under listing rule 7.1. The placement was completed though Empire Securities Group Pty Ltd and will not require shareholder approval.
The placement funds will be used to advance the Company’s planned 2012 exploration program including the continued exploration at the Red Hills Prospect, part of the Botswana Uranium Project and the Xade Ni-Cu-PGE Project, also in Botswana.
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Dr Michael G Jones Managing Director
309 Newcastle Street Northbridge Western Australia 6003 Tel +61 (8) 6454 6666 Facsimile +61 (8) 6454 6667 Email [email protected] www.impactminerals.com.au
309 Newcastle Street Northbridge Western Australia 6003 Tel +61 (8) 6454 6666 Facsimile +61 (8) 6454 6667 Email [email protected] www.impactminerals.com.au