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MINBOS RESOURCES LIMITED — Capital/Financing Update 2014
Jan 22, 2014
65355_rns_2014-01-22_acf998c4-f24c-4e7c-867a-bc65392ffeec.pdf
Capital/Financing Update
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23 January 14
ASX Code: MNB PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia T: +61 8 9322 9295 E: [email protected] W: www.minbos.com ABN: 93 141 175 493
ASX ANNOUNCEMENT/MEDIA RELEASE
MINBOS RESOURCES LIMITED PRO-RATA RENOUNCEABLE RIGHTS
ISSUE – SENDING OUT OF DISCLOSURE DOCUMENT COMPLETED
As previously announced, Minbos Resources Limited (“ Minbos ” or “ Company ”) (ASX:MNB) is seeking to raise up to $1.1 million through a pro-rata renounceable rights issue of three (3) fully paid ordinary shares in the capital of the Company ( Share ) for every seven (7) Shares held by eligible shareholders at an issue price of $0.01 per Share ( Entitlement Offer )
The Company advises that it has now sent the prospectus and entitlement and acceptance forms which relate to this Entitlement Offer to all eligible shareholders.
Should you have any questions regarding the Rights Issue please contact the Company’s shareholder enquiry line 1800 821 475 within Australia, +61 (0) 2 8256 3395 for callers outside Australia or consult your stockbroker or professional adviser.
ENDS
For further information please contact:
Scott Sullivan For media enquiries contact: Managing Director David Ikin – Professional Public Relations [email protected] [email protected] +61 (0) 8 9322 9295 +61 (0) 8 9388 0944
23 January 14
ASX Code: MNB PERTH OFFICE Level 1, 278 Stirling Hwy Claremont WA 6010 Australia T: +61 8 9322 9295 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