AI assistant
IRON BEAR RESOURCES LTD — Capital/Financing Update 2019
Jul 18, 2019
65091_rns_2019-07-18_ecbe7c26-cbab-41a6-b307-4447471725c4.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ASX Announcement 19 July 2019
Clarifying Announcement
Further to the announcement released by Cape Lambert Resources Limited (ASX: CFE ) ( Cape Lambert or the Company ) on 12 July 2019, and as required under the Listing Rules and requested by ASX, Cape Lambert advises that the two banks that visited the DRC with Cape Lambert’s consulting mining engineer are AFC and Afreximbank, and that Cape Lambert is discussing the rolling LC with China Everbright Bank.
China Everbright Bank (CEB), which was established in August 1992 and headquartered in Beijing, is a national joint-stock commercial bank approved by the State Council of China and the People’s Bank of China. The Bank was listed on the Shanghai Stock Exchange (SSE) in August 2010 (stock code 601818) and the Hong Kong Stock Exchange (HKSE) in December 2013 (stock code 6818).
Cape Lambert remains in ongoing discussions with the above funders, and no binding agreements have been entered into. The Company will update the market as and when required under the Listing Rules.
Cape Lambert Resources Limited is a listed (ASX: CFE), diversified mineral development and investment company that aims to meet global demand for minerals that drive progress and power our future
Australian Securities Exchange
Code: CFE
Ordinary shares 1,019,927,757
Unlisted Options 15,336,363 ($0.07 exp 12 Mar 2020) 7,667,727 ($0.07 exp 19 Mar 2020) 5,250,000 ($0.04 exp 31 Mar 2020) 15,000,000 ($0.03 exp 30 June 2021) 5,000,000 ($0.05 exp 13 Dec 2020
Convertible Note 333,817 convertible notes
Board of Directors
Tony Sage Executive Chairman
Yours faithfully Cape Lambert Resources Limited
Tony Sage Executive Chairman
Tim Turner Non-executive Director
Stefan M ü ller Non-executive Director
Melissa Chapman Company Secretary
Cape Lambert Contact
Investor Relations Phone: +61 8 9380 9555 Email: [email protected]
Cape Lambert Resources Limited ABN 71 095 047 920 Corporate - 32 Harrogate Street, West Leederville WA 6007