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QX RESOURCES LIMITED — Capital/Financing Update 2012
May 7, 2012
65654_rns_2012-05-07_d75e622b-c6cf-4608-8597-66aa8e0d6ec8.pdf
Capital/Financing Update
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8 May 2012
Manager of Company Announcements Australian Securities Exchange Level 6, 20 Bridge Street Sydney NSW 2000
By E-Lodgement
Option Entitlement Issue Shortfall Notification
Black Mountain Resources Limited (ASX: BMZ) refers to its Option Entitlement Issue announced to market on 3 April 2012 ( Entitlement Issue ). The Company is pleased to advise that valid acceptances were received for 24,532,696 new listed options. The total shortfall under the Entitlement Issue was 8,123,554 options. The shortfall will be placed by the Company in conjunction with the lead manager, 708 Capital Pty Ltd.
The allotment and issue of new options for which valid acceptances have been received and the shortfall will occur on Thursday, 10 May 2012.
For and on behalf of the Board
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Peter Landau Executive Director
Black Mountain Resources Limited ABN 55 147 106 974 Ground Floor, 1 Havelock Street, West Perth WA 6005 Telephone: +61 8 9488 5220 Facsimile: +61 8 9324 2400