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IRON BEAR RESOURCES LTD — Capital/Financing Update 2016
Feb 15, 2016
65091_rns_2016-02-15_7da0ee09-0ca2-4b6f-ae32-164eefdf9021.pdf
Capital/Financing Update
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ASX Announcement 16 February 2016
Cape Lambert Placement Update
Australia resource and investment company, Cape Lambert Resources Limited ( ASX: CFE ) ( Cape Lambert or the Company ) wishes to update shareholders in relation to the fully underwritten placement ( Placement ) to UK and European sophisticated investors.
Cape Lambert Resources Limited (ASX: CFE) is a fully funded mineral development company with exposure to iron ore, copper, gold, uranium, manganese, lithium and lead-silverzinc assets in Australia, Europe, Africa and South America.
Australian Securities Exchange
Code: CFE
As previously announced (Refer ASX announcements dated 11 and 12 January 2016), Cape Lambert has entered into an underwriting agreement with Gulf Energy International Limited ( Gulf Energy ) for the placement of approximately 94 million shares at 4.25c per shares to raise $4m.
The Company wishes to advise that at the request of Gulf Energy it has resolved to extend the closing date for the Placement to 4 March 2016 with a revised settlement date of 18 March 2016.
Ordinary shares 626,686,586
Unlisted Options 7,675,000 ($0.088 exp 18 Dec 2016)
Board of Directors
Tony Sage Executive Chairman
Tim Turner Non-executive Director
Yours faithfully Cape Lambert Resources Limited
Jason Brewer Non-executive Director Melissa Chapman Company Secretary
Tony Sage Executive Chairman
Cape Lambert Contact
Investor Relations Phone: +61 8 9380 9555 Email: [email protected]
Australian Enquiries
Professional Public Relations David Tasker Phone: +61 8 9388 0944 Mobile: +61 433 112 936 Email: [email protected]
Cape Lambert Resources Limited ABN 71 095 047 920 Corporate - 32 Harrogate Street, West Leederville WA 6007