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PATERSON RESOURCES LTD — Interim / Quarterly Report 2013
Jul 30, 2013
65618_rns_2013-07-30_531ccb2e-2ace-4b5f-a470-8699efdb0237.pdf
Interim / Quarterly Report
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Quarterly Activities Report Quarter ended 30[th] June 2013
Rights Issue
During June 2013 the Company conducted a pro-rata, non-renounceable rights issue to eligible shareholders on the basis of one (1) ordinary fully paid share for every one (1) share held on 6 June 2013 at an issue price of $0.013 each, together with one (1) free attaching new option with an exercise price of $0.013 and expiry date of 30 June 2014 for every two (2) New Shares issued.
The Rights Issue closed on 27 June 2013 having raised $413,662.34. As a result of the Rights Issue 31,820,180 ordinary shares and 15,910,090 options were issued.
Subsequent to the closure of the Right Issue a further $188,300 has been raised under the Shortfall Facility resulting in the issue of a further 14,484,615 ordinary shares and 7,242,308 options.
Investment Opportunities
The directors are reviewing a number of investment opportunities for the Company and continuing to conduct a review and evaluation of the Company’s existing tenements.
Max Carling Director 30 July 2013
Elysium Resources Limited
ABN 45 115 593 005 Suite 705, 3 Spring Street, Sydney NSW 2000 PO Box H238, Australia Square NSW 1215 Phone: +61 2 9247 7744 Fax: +61 2 9247 7244 Email: [email protected] Web: www.elysiumresources.com.au
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