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LIVIUM LTD — Capital/Financing Update 2014
May 28, 2014
65239_rns_2014-05-28_943106d7-c424-414c-ba99-768c2b18dd95.pdf
Capital/Financing Update
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ASX Announcement
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29 May 2014
COMPANY DETAILS
ABN : 29 126 129 413
PRINCIPAL AND REGISTERED OFFICE Cobre Montana NL Suite 3 23 Belgravia Street Belmont WA 6104
POSTAL ADDRESS PO Box 588 Belmont WA 6984
P +61 8 6145 0288
CLOSING DATE FOR NON-RENOUNCEABLE ENTITLEMENT OFFER EXTENDED
Cobre Montana NL ( Company ) advises the closing date for the nonrenounceable pro-rata offer has been extended.
The acceptance closing date is now 13 June 2014.
The Company issued the Prospectus for the non-renounceable, pro rata offer of fully paid shares to eligible shareholders at an issue price of $0.04 each on the basis of 1 new share for every 4 shares held at 9 May 2014 to raise approximately $0.5 million ( Entitlement Offer ) and a non-renounceable, pro rata bonus offer of partly paid shares at a total issue price of $0.05 each on the basis of 1 new partly paid share for every 2 shares held at 18 July 2014. Each new partly paid share is offered for nil cash consideration and will be deemed to be paid up to $0.001 ( Bonus Offer ) as outlined to ASX on 5 May 2014.
F +61 8 9475 0847
The updated timetable for the Entitlement Offer is as follows.
ASX CODE CXB
CORPORATE INFORMATION
(29 May 2014) 73M Ordinary Shares 12M Contributing Partly Paid Shares 12M Unlisted Options
BOARD OF DIRECTORS Eduardo Valenzuela (Non-Executive Chairman) Adrian Griffin (Managing Director) Bryan Dixon (Non-Executive Director)
| Entitlement Offer | |
|---|---|
| Entitlement Offer Closing Date (5.00pm (WST)) | 13 June 2014 |
| Deferred settlement trading commences | 16 June 2014 |
| ASX notified of under-subscriptions | 19 June 2014 |
| Issue of New Shares and deferred settlement tradingends | 23 June 2014 |
| Commencement of trading of New Shares | 24 June 2014 |
| Bonus Offer | |
| ‘Ex’ date and deferred settlement tradingcommences | 16 July 2014 |
| Bonus Offer Record Date (5.00pm (WST)) | 18 July 2014 |
| Bonus Offer Closing Date (5.00pm (WST)) | 21 July 2014 |
| Issue of New Partly Paid Shares and deferredsettlement trading ends | 28 July 2014 |
| Commencement of trading of New Partly PaidShares | 29 July 2014 |
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The Bonus Offer timetable is unchanged.
Cobre Montana NL – Non-Renounceable Pro Rata Entitlements Offer & Bonus Issue
29 May 2014
For further information contact:
Cobre Montana NL Media: Adrian Griffin Professional Public Relations Managing Director Colin Hay Tel: +61 (08) 6145 0288 Tel: +61 (08) 9388 0944 Web: www.cobremontana.com.au
This document has been prepared by Cobre Montana NL for the purpose of providing an activity update to interested analysts/investors and shareholders. Any statements, opinions, projections, forecasts or other material contained in this document do not constitute any commitments, representations or warranties by Cobre Montana NL or its directors, agents and employees. Except as required by law, and only to the extent so required, directors, agents and employees of Cobre Montana NL shall in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatsoever nature arising in any way out of, or in connection with, the information contained in this document. This document includes certain statements, opinions, projections, forecasts and other material, which reflect various assumptions. The assumptions may or may not prove to be correct. Cobre Montana NL recommends that potential investors consult their professional advisor/s as an investment in the company is considered to be speculative in nature.
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