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PEEL MINING LIMITED — Capital/Financing Update 2007
Sep 5, 2007
65545_rns_2007-09-05_ecfcd056-45cf-4934-a8e5-34fba1294dab.pdf
Capital/Financing Update
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6 September, 2007
The Australian Stock Exchange, ASX Company Announcements Office, Level 4, 20 Bridge St, Sydney, NSW 2000
Dear Sir,
RIGHTS ISSUE CLOSED OVERSUBSCRIBED
Peel Exploration Limited (ASX:PEX) is pleased to announce that its one for two nonrenounceable rights issue dated 31 July 2007 was strongly supported by shareholders and, including shortfall applications, has closed oversubscribed.
The Prospectus was for a non-renounceable rights issue of up to 15,000,000 one cent options expiring 30 November 2010, exercisable at 20 cents each (PEXO).
Quotation is sought for the 15,000,000 options which were allotted on 6 September 2007.
These securities have been allocated to the issuer sponsored sub-register.
The issued capital of the Company following allotment is:
| Quoted Ordinary Fully Paid Shares | 15,110,000 |
|---|---|
| Not quoted and in Escrow to 17 May 2008 | 1,000,000 |
| Not quoted and in Escrow to 17 May 2009 | 13,890,000 |
| Quoted Options expiring 30 November 2010 | 15,000,000 |
| Not quoted Options expiring 30 November 2010 | 15,000,000 |
The distribution of holders of Quoted 31 November 2010 options is:
| 1 - 1,000 | 5 |
|---|---|
| 1,001 – 5,000 | 78 |
| 5,001 – 10,000 | 155 |
| 10,001 – 100,000 | 140 |
| 100,001 and over | 19 |
Following allotment, the top 20 holders (listed following) of the Quoted 31 November 2010 options hold 64.55% of that class of options.
Peel Exploration Limited (ACN 119 343 734) Telephone (08) 9382 3955 Facsimile (08) 9388 1025 Email [email protected] Level 1, 79 Hay Street, Subiaco, Western Australia 6008
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Top 20 Optionholders:
| Top 20 Optionholders: | |
|---|---|
| Crawley Investments Pty Ltd | 1,622,874 |
| Mr Laurence James Kiernan | 1,622,874 |
| Mr Robert Maclaine Tyson | 1,172,874 |
| Ms Lisa Duperouzel | 750,000 |
| Mrs Linda Sala Tenna | 750,000 |
| Salamar Pty Ltd | 672,873 |
| Mr Simon Hadfield | 500,000 |
| Classic Capital Pty Ltd | 495,748 |
| Blue Crystal Pty Ltd | 300,000 |
| Katana Capital Limited | 300,000 |
| Ron & Liz Nominees Pty Ltd | 225,000 |
| Mr Jordan Tyson & Mr Flynn Tyson | 200,000 |
| Mr Paul Hodder & Mr James Ramsay & Mr Daniel Foster Investments A/C> | 150,000 |
| Mr Scott Paul Jones & Mr Rodney Malcolm Jones & Miss Carol Robin Jones |
150,000 |
| KB33 Capital Pty Ltd | 150,000 |
| Wonder Holdings Pty Ltd | 145,000 |
| Maj Pty Ltd | 125,000 |
| Mr Denis Ivan Rakich | 125,000 |
| Sams Marketing Pty Ltd | 125,000 |
| Hoperidge Enterprises Pty Ltd | 100,000 |
Peel Exploration Limited would like to thank all shareholders who took part in the entitlement for their continued support.
Yours faithfully,
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Rob Tyson Executive Director
Peel Exploration Limited (ACN 119 343 734)
Telephone (08) 9382 3955 Facsimile (08) 9388 1025 Email [email protected] Level 1, 79 Hay Street, Subiaco, Western Australia 6008