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METRO MINING LIMITED — Capital/Financing Update 2010
Oct 12, 2010
65351_rns_2010-10-12_08febca6-3acb-4bf4-8687-6e54346704c7.pdf
Capital/Financing Update
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MARKET RELEASE
13 October 2010
Metrocoal Limited
TRADING HALT
The securities of Metrocoal Limited (the “Company”) will be placed in pre-open at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in pre-open until the earlier of the commencement of normal trading on Friday, 15 October 2010 or when the announcement is released to the market.
Security Code: MTE Gregory Seeto Adviser, Issuers (Brisbane)
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MTE2010.10.13TH-gds
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13 October 2010
Mr Patrick O’Connor Australian Stock Exchange Level 5 Riverside Centre 123 Eagle Street BRISBANE QLD 4000
By facsimile: (07) 3832 4114 By email: [email protected]
Dear Mr O’Connor
Request for Trading Halt
MetroCoal Limited (MTE) requests that a trading halt be granted by ASX immediately with respect to the following securities:
- MTE fully paid ordinary shares (ASX: MTE)
For the purpose of Listing Rule 17.1, MTE provides the following information:
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(a) The trading halt is necessary as the Company will be completing a capital raising.
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(b) MTE requests the trading halt remain in place until 10.00 am (Sydney time) Friday 15 October 2010 unless before that time MTE makes an announcement in relation to the capital raising.
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(c) MTE is not aware of any reason why the trading halt should not be granted.
Yours sincerely
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Theo Psaros Company Secretary