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RED MOUNTAIN MINING LIMITED — Capital/Financing Update 2015
Jan 1, 2015
65719_rns_2015-01-01_8eccb4fe-fd14-44e5-949d-c6a2aee4d922.pdf
Capital/Financing Update
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2 January 2015
ASX ANNOUNCEMENT
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SECONDARY TRADING NOTICE
Further to the Appendix 3B released today, a total of 61,325,000 Shares were issued to sophisticated investors today at an issue price of $0.004 per share with one free attaching listed option exercisable at $0.012 each on or before 31 March 2016 and one free attaching listed option exercisable at $0.03 each on or before 30 June 2016 for every two shares subscribed for under the Placement as announced 23 December 2014. In addition, the Company issued 12,009,952 Shares at a deemed issue price of $0.01 per Share and a further 2,992,170 Shares at a deemed issue price of $0.006 per Share to contractors of the Company in lieu of services provided (together “ Securities ”).
Secondary Trading Notice Pursuant to Paragraph 708A(5)(e) of the Corporations Act 2001 ("Act")
The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, a sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
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(a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;
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(b) as at 2 January 2015, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and
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(c) as at 2 January 2015 there is no information:
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a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
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b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
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i. the assets and liabilities, financial position and performance,
- profits and losses and prospects of the Company; or
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ii. the rights and liabilities attaching to the relevant Securities.
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AUTHORISED BY:
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Shannon Coates Company Secretary
ASX code: RMX COMPANY DIRECTORS ABN 40 119568106 Neil Warburton Michael Wolley Non-Executive Chairman Non-Executive Director Jon Dugdale Shannon Coates Managing Director Company Secretary
CONTACT DETAILS RED MOUNTAIN MINING LTD Head Office Unit 1, 2 Richardson Street West Perth Western Australia 6005 www.redmm.com.au [email protected]
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For further information about Red Mountain please visit www.redmm.com.au or contact:
Jon Dugdale Matt Birney Managing Director Birney Corporate (+61) 402 298 026 (+61) 419 217 090 (+61) 8 9226 5668 (+61)8 9226 5668 [email protected] [email protected]
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ASX code: RMX ABN 40 119568106
COMPANY DIRECTORS Neil Warburton Non-Executive Chairman Jon Dugdale Managing Director
CONTACT DETAILS RED MOUNTAIN MINING LTD Head Office Unit 1, 2 Richardson Street West Perth Western Australia 6005 www.redmm.com.au [email protected]
Michael Wolley Non-Executive Director Shannon Coates Company Secretary