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PRODIGY GOLD NL — Capital/Financing Update 2015
Mar 16, 2015
65615_rns_2015-03-16_055b6a23-07c5-4b5f-a9c3-0a53e39e19cd.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT / MEDIA RELEASE
ASX:ABU
17 March 2015
ABM RESOURCES NL – NON‐RENOUNCEABLE ENTITLEMENT OFFER – CLOSE OF ENTITLEMENT OFFER & SUBSCRIPTIONS
ABM Resources NL (ACN 009 127 020) ( Company ) advises that its non‐renounceable entitlement issue of one (1) Share for every eight (8) Shares held by those Shareholders registered at the Record Date at an issue price of $0.22 per Share to raise up to approximately $7.7 million (before costs) ( Offer ), closed at 5:00pm (WST) on 13 March 2015.
In addition, the Company is pleased to announce that it has received $1,502,778 from Pacific Road Capital as part of the previously announced additional placement.
Pursuant to the Offer the Company received applications to subscribe for 20,870,009 new Shares from eligible shareholders under the Offer to raise approximately $4,591,402. This represents approximately 60% of all Shares offered under the Offer.
The Company advises that the results of the Offer are as follows:
| Total number of Shares offered under the Offer | 34,858,830 Shares |
|---|---|
| Total number of Shares applied for by eligibleshareholders under the Offer | 20,870,009 Shares |
| Shortfall | 13,988,821 Shares |
The remaining 13,988,821 Shortfall Shares will be taken up in full by the joint underwriters to the Offer, Canaccord Genuity (Australia) Limited and Argonaut Securities Pty Ltd, as set out in the Offer Document.
Any enquiries regarding the Offer should be directed to:
Jutta Zimmermann Company Secretary
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