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METALS AUSTRALIA LTD — Capital/Financing Update 2013
Aug 18, 2013
65344_rns_2013-08-18_1e39fe81-ca00-48fc-9e08-bf6af79b9782.pdf
Capital/Financing Update
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19 Au g ust 2013
The Manager ASX Market Announcements Office Australian Securities Exchange Limited Level 4, Exchange Centre 20 Bridge Street Sydney NSW 2000
Dear S ir
PLACEMENT ADVICE
Metals Australia has agre e d to plac e 50,000, 0 00 share s at a pri c e of 1.0 c ent per share to raise $5 0 0,000.
In addition, 50,0 0 0,000 unl i sted opti o ns are to b e grante d at a cost of 0.01 c e nts per option, with each option being exerci s able at 2 cents on o r before t h eir expiry date of 31 Au g ust 2016.
These monies will be used to fund the Compa n y’s ongoi n g explora t ion, inclu d ing the forthcoming drilli n g progra m at its Mile 72 ura n ium pros p ect in Na m ibia, and also to provid e addition a l working c apital.
Yours faithfully Norman Grafton Company Secretary Metals Australia Ltd
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