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IODM LIMITED — Capital/Financing Update 2015
Jun 18, 2015
65131_rns_2015-06-18_dfe8ddeb-ac32-4716-bcda-c53cab566e7b.pdf
Capital/Financing Update
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Ri hts Issue – Shortfall Notice g
Paradigm Metals Limited ( Paradigm ) advises that its non-renounceable rights issue of 6 new shares for every 7 shares held, at an issue price of $0.003 per share together with 1 free attaching listed option for every 2 shares subscribed for and issued (exercise price of $0.002 and expiry of 31/12/2016) ( Rights Issue ), closed on 15 June 2015.
ABN 28 102 747 133
ASX Release
In accordance with Appendix 7A of the ASX Listing Rules, Paradigm advises that it received valid acceptances for 16,712,626 new shares with a shortfall of 717,190,523 shares.
18 June 2015
Level 1/330 Churchill Avenue Subiaco, WA 6008
The issue has raised a total of $50,137.89 before costs. As indicted in the Prospectus, the directors together with Lodge Corporate Pty Ltd (Lead Manager under the Rights Issue) will now consider all options in relation to placing the shortfall shares.
Yours sincerely,
Ph: +61 8 9200-4482 Fax: +61 8 9200-4469
Contact : Anthony Reilly Managing Director
Email : [email protected]
Anthony Reilly Chief Executive Officer 18 June 2015
Email: [email protected] Website: www.paradigmmetals.com.au
Website : www.paradigmmetals.com.au
Directors: Anthony Reilly Nicholas Lindsay Brian McMaster
ASX Symbol: PDM
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