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PHOSCO LTD — Capital/Financing Update 2012
Jun 28, 2012
65559_rns_2012-06-28_8990f1e9-77e1-4f7b-9d6b-bb7408ed7a22.pdf
Capital/Financing Update
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Celamin Holdings N.L ACN 139 255 771 ABN 82 139 255 771 Suite 304, 22 St Kilda Road, St Kilda, VIC 3182 Phone: (03) 9692 7222
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Fax: (03) 9529 8057 Email [email protected]
29 June 2012
BONUS OPTIONS – LETTERS TO OPTIONHOLDERS AND PARTLY PAID SHAREHOLDERS
Board of Directors
Andrew Thomson (Nonexecutive Chairman)
David Regan (Executive Director)
Martin Broome (Nonexecutive Director)
Melanie Leydin (Nonexecutive Director)
As stated in the announcement dated 26 June 2012, Celamin Holdings NL (“Celamin”) proposes to make a pro rata bonus issue of options on the basis of one option for every two shares held (“Bonus Issue”), with the record date to determine entitlements being 16 July 2012.
Following are copies of letters being despatched to existing holders of options over unissued shares in Celamin and holders of partly Paid Shares notifying them of the Bonus Issue.
Company Secretary
MELANIE LEYDIN DIRECTOR/COMPANY SECRETARY
Melanie Leydin
About Celamin Holdings NL
Securities on Issue:
CNL: 151,746,177 ordinary shares
CNLO: 25,367,001 options expiring 31 March 2014
CNLCA: 15,471,296 partly paid shares
Celamin Holdings NL (ASX Code CNL) is an ASX listed company focused on the exploration and development of resource projects in North Africa initially in Tunisia and Algeria.
Celamin holds the Chaketma Phosphate exploration permit in Tunisia with TMS. This project is Celamin’s current focus as it has larger target potential than Celamin’s other Phosphate project Bir El Afou. The first results from channel sampling, drilling program and historic data at Chaketma have been announced. The Chaketma project would use the same rail and port infrastructure as identified in the Bir El Afou pre-feasibility studies.
Celamin continues to step up work to carry out a due diligence drilling program for its farm-in to an Exploitation Permit at the Oued El Kebir precious and base metal project in Algeria.
Celamin has also acquired rights to several base metal tailings Projects in Tunisia with TMS and is the holder of three Exploration Permits with base metal (Pb/Zn) targets on a 50/50 basis with TMS.
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Celamin Holdings N.L ACN 139 255 771 ABN 82 139 255 771 Level 4,100 Albert Road, South Melbourne VIC 3205 Phone: (03) 9692 7222 Fax: (03) 9077 9233 Email [email protected]
29 June 2012
RE: ENTITLEMENT OFFER - FREE BONUS LOYALTY OPTIONS
Dear Optionholder
As stated in the announcement dated 26 June 2012, Celamin Holdings NL (“Celamin”) proposes to make a pro rata bonus issue of options (“Bonus Options”) on the basis of one option for every two shares held (“Bonus Issue”), with the record date to determine entitlements being 16 July 2012.
The Bonus Options will be exercisable at $0.35 (35 cents) each with an expiry date of 28 June 2013. The Bonus Issue will result in the Company issuing approximately 75,949,679 options.
As a holder of options over unissued shares in Celamin you are not entitled to participate in the Bonus Issue. However, if you exercise your options so that you become a registered holder before 5pm Perth time on 16 July 2012 (being the record date for the Bonus Issue), then you will be entitled to participate in the Bonus Issue. Should you decide to exercise your options, then you will need to complete the option exercise form attached to this letter and forward it with your payment to Celamin’s share registry:
Advanced Share Registry 2/150 Stirling Highway Nedlands, WA, 6009
PO Box 1156, Nedlands Western Australia 6909
Yours sincerely CELAMIN HOLDINGS NL
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MELANIE LEYDIN COMPANY SECRETARY
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29 June 2012
Celamin Holdings N.L
ACN 139 255 771 ABN 82 139 255 771 Level 4,100 Albert Road, South Melbourne VIC 3205 Phone: (03) 9692 7222 Fax: (03) 9077 9233 Email [email protected]
RE: ENTITLEMENT OFFER - FREE BONUS LOYALTY OPTIONS
Dear Partly Paid Shareholder
As stated in the announcement dated 26 June 2012, Celamin Holdings NL (“Celamin”) proposes to make a pro rata bonus issue of options (“Bonus Options”) on the basis of one option for every two shares held (“Bonus Issue”), with the record date to determine entitlements being 16 July 2012.
The Bonus Options will be exercisable at $0.35 (35 cents) each with an expiry date of 28 June 2013. The Bonus Issue will result in the Company issuing approximately 75,949,679 options.
As a holder of Partly Paid Shares in Celamin you are only entitled to participate in the Bonus Issue in the proportion which the amount currently paid up on the Partly Paid Shares bears to the total amounts paid and payable (which amounts to 1 option for every 202 Partly Paid shares held). However, if you pay up the unpaid amounts of $0.10 (10 cents) per Partly Paid Share so that you become a registered holder of fully paid ordinary shares before 5pm Perth Time on 16 July 2012 (being the record date for the Bonus Issue), you will be entitled to participate fully in the Bonus Issue. Should you choose to pay the unpaid amounts, you will need to complete the Partly Paid Share conversion form attached to this letter and forward it with your payment to Celamin’s share registry:
Advanced Share Registry 2/150 Stirling Highway Nedlands, WA, 6009
PO Box 1156, Nedlands Western Australia 6909
Yours sincerely CELAMIN HOLDINGS NL
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MELANIE LEYDIN COMPANY SECRETARY