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MINERAL COMMODITIES LTD — Capital/Financing Update 2009
Aug 2, 2009
65371_rns_2009-08-02_d75ac378-ce5a-4c12-8b47-a986f3d6e729.pdf
Capital/Financing Update
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Mineral Commodities Ltd
ABN 39 008 478 653
Unit 15, Level 1, 51-53 Kewdale Road Welshpool, Western Australia 6106 Australia PO Box 235, Welshpool DC, WA 6986 Australia Telephone: 61 8 9353 4890 Facsimile: 61 8 9353 4894 Email: [email protected] Web: www.mncom.com.au
3 August 2009
The Manager Australian Stock Exchange Limited Level 4 20 Bridge Street Sydney, NSW 2000
Dear Sir
ENTITLEMENT ISSUE – COMPLETION AND SHORTFALL OPTIONS
In accordance with ASX Listing Rule Appendix 7A Timetables, Mineral Commodities Limited (MRC) confirms the following in relation to its non-renounceable entitlement issue.
| issue. | |
|---|---|
| Number of Options available under the Entitlement Issue | 57,357,208 |
| Number of Options taken up by shareholders | 39,999,062 |
| Shortfall of Entitlement Issue | 17,358,146 |
It is expected that the New Options will be issued and allotted on or before 6 August 2009 once all application funds have cleared.
As stated in the Entitlement Issue Prospectus, to the extent shareholders did not take up their Entitlement in full the Shortfall will be placed at the discretion of the Directors.
Yours faithfully
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Peter Torre Company Secretary