AI assistant
MURRAY COD AUSTRALIA LIMITED — Capital/Financing Update 2017
Jan 18, 2017
65302_rns_2017-01-18_4752b710-5359-441f-9930-22d8befca8fb.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [187 x 105] intentionally omitted <==
ABN 74 143 928 625
Registered Office 1 Level, 153 Yambil Street Griffith NSW 2680 Phone: +61 (02) 6962 5470 Fax: +61 (02) 6964 1546
ASX CODE: TPR ASX ANNOUNCEMENT
18 January 2017
Timpetra Completes Aquaculture Transactions and Capital Raising
Timpetra Resources Limited ( Timpetra or the Company ) is pleased to announce the completion of the transactions to acquire the issued capital of Bidgee Fresh Pty Ltd and the aquaculture businesses and assets of Riverina Aquaculture and Silverwater Native Fish.
In addition, the Company has raised $10 million under the public offer pursuant to the Prospectus as part of the Company’s re-compliance with Chapters 1 and 2 of the ASX Listing Rules.
Further, the Company will shortly change its name from Timpetra Resources Limited to Murray Cod Australia Limited as previously outlined in the Prospectus, and will be reinstated under the new ASX code “MCA”.
The Company advises that as part of the acquisition, Mr Matthew Ryan has been appointed as Managing Director of the Company, and Mr Roger Commins has been appointed as a non-executive Director. Messrs Ross Anderson, Morgan Barron and Martin Priestley remain Directors of the Company.
The Company is currently finalising all outstanding ASX conditions for reinstatement and will update the market once a reinstatement date has been confirmed.