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MINERAL COMMODITIES LTD — Capital/Financing Update 2013
Oct 8, 2013
65371_rns_2013-10-08_74dfe29f-1591-4a1a-b061-311c451b677e.pdf
Capital/Financing Update
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Mineral Commodities Ltd ABN 39 008 478 653
40 Murray Road North Welshpool WA 6106, Australia PO Box 235, Welshpool DC WA 6986, Australia Telephone: 61 8 6253 1100 Facsimile: 61 8 9258 3601 Email: [email protected] Web: www.mncom.com.au
9 October 2013
ENTITLEMENT AND SHORTFALL ISSUE OVERSUBSCRIBED
Mineral Commodities Limited (“MRC) is pleased to advise that its Non-Renounceable Entitlement Issue and Shortfall Offer has been oversubscribed with approximately $8 million in subscriptions received.
In accordance with ASX Listing Rule Appendix 7A Timetables, MRC confirms the following:
| Number of Shares available under the Entitlement Issue | 80,988,228 |
|---|---|
| Number of Shares taken upbyEligible Shareholders | 60,080,777 |
| Shortfall of Entitlement Issue | 20,907,541 |
| Number of Shortfall Shares Applied for by EligibleShareholders | 41,994,043 |
The Board of MRC is currently considering the allocation of the Shortfall Shares. It is expected that the New Shares will be issued and allotted on or before 14 October 2013 once all application funds have cleared.
Yours faithfully
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Peter Torre Company Secretary