AI assistant
PROSPECT RESOURCES LIMITED — Capital/Financing Update 2015
Jan 6, 2015
65617_rns_2015-01-06_bae2cf68-e15d-40c9-ad14-67245aac6fa4.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [244 x 36] intentionally omitted <==
ASX Announcement
ASX Code: PSC
7 January 2015
Placement to Investor
On 21 November 2014, the Company announced the conditional placement of A$310,000 via the issue of 20,666,668 fully paid ordinary shares at an issue price of 1.5 cents per share.
The Company is pleased to announce receipt of the first tranche of funds of A$103,725 and the allotment of 6,915,000 fully paid ordinary shares at an issue price of 1.5 cents per share to Ms E N Nefolovhodwe.
The Directors are pleased to welcome another African based, significant shareholder to our Company.
As previously announced, the funds raised will be used:
-
(a) For general working capital;
-
(b) To fund exploration on the Company’s Zimbabwe gold assets and in particular to fund the development of the historic Prestwood Gold Mine.
Contact Details
For further information, please contact:
Hugh Warner Executive Chairman Prospect Resources Limited (Aus) Ph: +61 413 621 652
Harry Greaves Non-Executive Director Prospect Resources Limited (Zim) Ph: +263 772 144 669
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]