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MINBOS RESOURCES LIMITED — Capital/Financing Update 2014
Jun 22, 2014
65355_rns_2014-06-22_d87bab3a-95fe-4436-9db6-bbebe16ee85a.pdf
Capital/Financing Update
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23 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
Despatch of Offer Document
As previously announced, Minbos Resources Limited (“ Minbos ” or “ Company ”) (ASX:MNB) is seeking to raise up to approximately $1,752,894 (before costs) through a pro rata renounceable entitlement 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 Company advises that it has now sent the Offer Document, entitlement and acceptance forms which relate to this Offer to all eligible shareholders.
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
23 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
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