AI assistant
KINGSTON RESOURCES LIMITED — Capital/Financing Update 2013
Apr 4, 2013
65206_rns_2013-04-04_1552462e-70e8-4a98-b061-ae6fbe65c2f8.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
KINGSTON RESOURCES LIMITED
ASX:KSN
ACN 009 148 529
==> picture [596 x 52] intentionally omitted <==
5 APRIL 2013
ASX Market Announcements Australian Securities Exchange
Issue of Shares Under Public Offer of Securities
Kingston Resources Limited is pleased to announce that following the successful closing of its Prospectus (dated 14 February 2013) on 19 March 2013 the Company has received applications to raise a total of $2,060,500 before costs under the Offer.
Accordingly the Company has today issued 10,302,500 fully paid shares to applicants under the Offer and a further 2,000,000 fully paid shares at no cost to an underwriter to the Offer Melbourne Capital Limited, pursuant to their underwriting agreement.
The Company advises it will be issuing the 10,302,500 New Options with an exercise price of $0.20 and expiring on 31 December 2015, attaching to the above Public Offer shares pursuant to the Prospectus, next week pending ASX listing approval for the New Options. The Company will also be issueing a further 15,400,000 New Options on the same terms to parties who have assisted in the success of the Public Offer.
The Company is in the process of complying with ASX requirements for reinstatement of its securities to trading and will provide further updates on the reinstatement process in due course.
ENDS
Kingston Resources Limited
25-27 Jewell Parade, North Fremantle, Western Australia 6159 t +61 8 9336 6619 w www.kingstonresources.com.au e [email protected] Page 1 of 1