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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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