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MURRAY COD AUSTRALIA LIMITED — Capital/Financing Update 2014
Mar 5, 2014
65302_rns_2014-03-05_415b8b0c-9694-4423-8601-61f466028d7d.pdf
Capital/Financing Update
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ABN 74 143 928 625
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ASX CODE: TPR
ASX ANNOUNCEMENT
6 March 2014
Saracen Mineral Holdings Limited (ASX:SAR) Offer
Directors are pleased to announce that they have accepted the Company’s full entitlement of 5,454,545 fully paid shares in the SAR non-renounceable entitlement offer at a price of $0.31 per share totaling $1,690,909.
In order to partially fund the purchase the Company has borrowed $911k and this loan may be increased to $1m.
After completion the Company will hold 35,545,545 fully paid Ordinary shares in SAR which it has acquired for a total of $6,457,800, or $0.18 per share.
As at the above date the Company has cash of approximately $330k.
By order of the Board
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N J V Geddes Company Secretary
For further information contact: Nick Geddes, Company Secretary 1300 134 875
Timpetra Resources Limited Registered Office: Level 3, 70 Pitt Street SYDNEY NSW 2000 www.timpetra.com