AI assistant
PROSPECT RESOURCES LIMITED — Capital/Financing Update 2015
Sep 16, 2015
65617_rns_2015-09-16_43dca448-bca6-40ce-9dfb-faec271186b5.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [244 x 36] intentionally omitted <==
17 September 2015
Mr Jeremy Newman ASX Limited Level 40, Central Park 152-158 St Georges Terrace PERTH WA 6000
NOTIFICATION OF UNDER SUBSCRIPTION
Prospect Resources Limited ( Company ) wishes to advise that the 1 for 2 pro-rata non-renounceable rights issue announced to ASX on 11 August 2015 ( Rights Issue ) was closed on 14 September 2015.
Results of the Rights Issue are as follows:
| Results of the Rights Issue are as follows: | |
|---|---|
| Number of Shares | |
| Entitlements under the Rights Issue | 343,712,410 |
| Total subscriptions (including additional shares under | 158,542,562 |
| the Shortfall Offer) by Eligible Shareholders | |
| Remaining Shortfall Offer | 185,169,848 |
The issue has raised a total of $634,170.26 before costs.
As indicated in the Offer Document dated 11 August 2015, the Shortfall Offer will remain open for up to 3 months following the closing date (14 December 2015). During this period, the Directors will place the remaining Shortfall Shares at their discretion.
For further information, please contact:
Hugh Warner Executive Chairman Prospect Resources Limited (Aus) Ph: +61 413 621 652
Prospect Resources Limited | ACN 124 354 329
Suite 6, 245 Churchill Ave. Subiaco WA 6008 | Phone: +61 8 9217 3300 | Fax: +61 8 9388 3006
Website: prospectresources.com.au | Email: [email protected]