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MINBOS RESOURCES LIMITED — Capital/Financing Update 2014
Jun 23, 2014
65355_rns_2014-06-23_f80236ba-1594-4ba5-8248-46dde5f2c8c3.pdf
Capital/Financing Update
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24 June 14
ASX Code: MNB PERTH OFFICE 278 Barker Road Subiaco WA 6008 Australia T: +61 8 6102 7724 E: [email protected] W: www.minbos.com ABN: 93 141 175 493
ASX ANNOUNCEMENT/MEDIA RELEASE
Renounceable Entitlement Offer
Extension of Closing Date
Minbos Resources Limited (“ Minbos ” or “ Company ”) (ASX:MNB) advises that it has extended the Closing Date of its pro rata renounceable entitlement offer seeking to raise up to approximately $1,752,894 (before costs) through the offer of two (2) fully paid ordinary shares in the capital of the Company ( Share ) for every one (1) Share held by eligible shareholders on 18 June 2014 at an issue price of $0.003 per Share ( Offer ). The Closing Date has been extended from 2 July 2014 to 16 July 2014.
Revised Timetable
| Event | Date |
|---|---|
| Lodgement of Offer Document & Appendix 3B with ASX |
11 June 2014 |
| Notice sent to Optionholders | 11 June 2014 |
| Notice sent to Shareholders | 13 June 2014 |
| Ex date | 16 June 2014 |
| Rights start trading | 16 June 2014 |
| Record Date for determining Entitlements (5.00pm WST) |
18 June 2014 |
| Offer Document sent out to Shareholders & Company announces this has been completed |
23 June 2014 |
| Rights stop trading | 25 June 2014 |
| Deferred trading commences | 26 June 2014 |
| Last day to extend the Offer Closing Date | 27 June 2014 |
| Closing Date* | 16 July 2014 |
| ASX notified of under subscriptions | 21 July 2014 |
| Issue date/Shares entered into Shareholders’ security holdings |
23 July 2014 |
| Quotation of Shares issued under the Offer* | 24 July 2014 |
*The Directors may extend the Closing Date by giving at least 3 Business Days notice to ASX prior to the Closing Date. As such the date the Shares are expected to commence trading on ASX may vary.
24 June 14
ASX Code: MNB PERTH OFFICE 278 Barker Road Subiaco WA 6008 Australia T: +61 8 6102 7724 E: [email protected] W: www.minbos.com ABN: 93 141 175 493
Should you have any questions regarding the Rights Issue please contact the Company Secretary, Paige Exley on +61 (0) 8 6102 7724 or consult your stockbroker or professional adviser.
ENDS
For further information please contact:
Paige Exley For media enquiries contact: Company Secretary David Ikin – Professional Public Relations [email protected] [email protected] +61 (0) 8 6102 7724 +61 (0) 8 9388 0944
About Minbos
Minbos Resources Limited ( ASX:MNB ) is an ASX-listed exploration and development company focused on phosphate ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC. Through its subsidiaries and joint ventures, the Company is exploring over 400,000ha of highly prospective ground hosting phosphate ore.
Minbos is focussing on the development of the high grade Cacata project in Cabinda whilst growing its current resource base in incremental stages on the remaining deposits in Angola.
The Company’s strategy is to specifically target the exploration and development of low cost fertiliserbased commodities in order to tap into the growing global demand for fertilisers. Phosphate is an essential component in certain agricultural fertilisers, with the market supported by the increasing global demand for food and bio-fuel products.
For more information, visit www.minbos.com