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PACIFIC RESOURCES LIMITED — Capital/Financing Update 2011
Jul 20, 2011
65638_rns_2011-07-20_46f79bb4-b9c4-494a-b432-b6d9711374bf.pdf
Capital/Financing Update
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MARKET RELEASE
21 July 2011
Coalbank Limited
TRADING HALT
The securities of Coalbank Limited (the “Company”) will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Monday, 25 July 2011 or when the announcement is released to the market.
Security Code:
CBQ
Simon O’Brien Senior Adviser, Listings (Brisbane)
CBQ2011.07.21mr_th-sjo
Page 1 of 1
21 July 2011
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Ms Simon O’Brien Senior Advisor, Listings (Brisbane) Australian Securities Exchange Limited Level 5, Riverside Centre 123 Eagle Street BRISBANE QLD 4001
By fax: (07) 3832 4114 By email: [email protected]
Dear Simon,
REQUEST FOR TRADING HALT
Pursuant to listing rule 17.1, we request a trading halt in respect of the shares of COALBANK LIMITED (ASX:CBQ) , and provide ASX with the following information:
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COALBANK requests the trading halt because it is currently negotiating a capital raising involving the possible issue of securities representing up to 15% of its issued capital, but is not able to make an immediate announcement in respect of the transaction/capital raising as negotiations are not finalised.
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COALBANK requests that the trading halt last until the commencement of trading on Friday, 22 July 2011.
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The event that COALBANK expects to happen that will end the trading halt is an announcement in relation to the proposed capital raising.
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COALBANK is not aware of any reason why the trading halt should not be granted.
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COALBANK does not consider that there is any other information necessary to inform the market about the trading halt.
Please do not hesitate to contact me for any further information or if there are any difficulties with this request on 0414 970 566.
Yours sincerely,
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Gregory AJ Baynton Deputy Chairman COALBANK LIMITED
cc: Leni Stanley, Company Secretary, COALBANK LIMITED
COALBANK LIMITED
ABN 20 075 877 075 Level 1 101 Edward Street Brisbane Queensland 4000 GPO Box 762 Brisbane Queensland 4001 Australia T +61 7 3229 6606 F +61 7 3221 6625 [email protected] www.coalbank.com