AI assistant
KINGSTON RESOURCES LIMITED — Capital/Financing Update 2015
Aug 4, 2015
65206_rns_2015-08-04_c6c61234-e005-429f-a64d-0d2e1c66fcec.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [307 x 32] intentionally omitted <==
==> picture [104 x 45] intentionally omitted <==
www.kingstonresources.com.au ACN 009 148 529
5 August 2015 Company Announcements Office Australian Securities Exchange
Rights Issue Sub-Underwriting Confirmed
Kingston Resources (ASX: KSN) is pleased to advise that Alignment Capital Pty Ltd, the Lead Manager for the Right Issue, has secured firm commitments from investors to subunderwrite the full value of the Company’s Rights Issue.
Kingston is seeking to raise approximately $2.45 million through a non-renounceable pro-rata rights issue offer of four (4) shares for five (5) at an issue price of 2.0 cents per share, with one (1) free attaching option, exercisable at 4.0 cents per share on or before 30 June 2019, for every two shares issued.
Kingston has extended the Record Date for its Rights Issue to Thursday 13 August 2015 at the request of the underwriter, to allow shareholders and the market an opportunity to participate in the entitlement offer given the increased funding certainty.
The Company intends to release a Replacement Prospectus for the Rights Issue on Thursday 6 August 2015 in accordance with the new timetable.
==> picture [595 x 64] intentionally omitted <==
25 - 27 Jewell Parade, North Fremantle, Western Australia 6159 +61 8 9336 6619 [email protected]
1