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PHOSCO LTD — Capital/Financing Update 2017
Jul 10, 2017
65559_rns_2017-07-10_93291e18-3e73-4c76-b53d-8d1fa401583c.pdf
Capital/Financing Update
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ASX Announcement 11 July 2017
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ACN 139 255 771 ABN 82 139 255 771
Level 4, 100 Albert Road South Melbourne VIC 3205
Contact:
Phone: +61 (0)3 9692 7222 Fax: +61 (0)3 9077 9233 [email protected]
Completion of Placement
Celamin Holdings NL (ASX: CNL) ( Celamin, the Company ) is pleased to advise that it has successfully completed the second Tranche of its placement from sophisticated investor clients of Patersons Securities Limited and from two of its major shareholders, African Lion 3 Limited and Polo Resources Limited, following shareholder approval at the Company’s General Meeting held on 6 July 2017.
The Placement raised a total of $1,050,000 with proceeds to be used to pursue the Arbitration through to determination, to fund the arbitration and legal actions in Tunisia, and for general working capital purposes.
Board of Directors:
Martin Broome, Chairman Nic Clift, Non-Exec Director Sue-Ann Higgins, Non-Exec Director Tim Markwell, Non-Exec Director
Company Secretary:
Melanie Leydin
Securities on Issue:
For further information or enquiries, please contact :
Melanie Leydin Company Secretary Celamin Holdings NL. T: +61 (0)3 9692 7222 E: [email protected]
CNL: 2,712,293,860 ordinary shares CNLCA: 14,887,796 partly paid shares CNLOA: 859,560,939 unlisted options