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KINGSTON RESOURCES LIMITED — Capital/Financing Update 2013
Mar 27, 2013
65206_rns_2013-03-27_557b9ee0-c53d-4731-a330-ecf761f15eba.pdf
Capital/Financing Update
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KINGSTON RESOURCES LIMITED
ASX:KSN
ACN 009 148 529
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28 March 2013
Company Announcements Office Australian Securities Exchange
Via Electronic Lodgement
LAPSE OF QUOTED OPTIONS - KSNOC
Kingston Resources Limited advises that 12,481,251 quoted options (ASX Code:KSNOC) exercisable at $2.00 each will expire and lapse on 29 March 2013.
The Company’s securities are currently suspended from trading. However, following the successful closure of the public offer under its Prospectus dated 14 February 2013, the Company is in the process of satisfying ASX requirements for reinstatement of its securities to official quotation at an initial share price of $0.20. Accordingly, the exercise price of the expiring options is significantly higher than the anticipated reinstatement share price.
Mathew Whyte Company Secretary
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]
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