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REDIVIUM LIMITED — Capital/Financing Update 2009
Sep 8, 2009
65703_rns_2009-09-08_e513b36d-9fae-4e38-9f8d-45cefc12c672.pdf
Capital/Financing Update
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ASX Announcement / Media Release
SPP Closes Oversubscribed
9 September 2009
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Share Purchase Plan (SPP) closes oversubscribed
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SPP raises $1 million
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SPP shares to be allotted and issued on Friday, 11 September 2009
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SPP shares tradable on Monday, 14 September 2009
Western Australian minerals explorer Hannans Reward Ltd (ASX: HNR) confirms that the Share Purchase Plan (SPP) has been well supported by shareholders, with the Company receiving more than $1 million worth of SPP applications.
The original intention was to complete an SPP to the value of $750,000 however shareholders who applied for SPP shares in accordance with the SPP Terms and Conditions will now receive 100% of their SPP application.
The share registry will allot and issue the SPP shares after market on Friday, 11 September 2009 once all funds have cleared. Shareholders who have any enquiries in relation to their holding statements pending completion of the SPP should contact Computershare on 1300 557 010 (for Issuer Sponsored shareholders) or their stockbroker (for CHESS Sponsored shareholders). SPP shares will be tradable on Monday 14 September 2009.
Shareholders who have any queries regarding this announcement should contact Hannans’ Managing Director, Damian Hicks on +61 8 9324 3388.
Hannans Reward Summary
Hannans Reward Ltd has developed a suite of prospective exploration projects within Australia covering manganese, nickel and gold. Shareholders are exposed to share price appreciation through exploration success at the following projects:
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Forrestania – nickel & gold project 7km north of Western Area’s Flying Fox nickel mine
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Lake Johnston – nickel & gold project located 25km south east of Norilsk’s Maggie Hays nickel mine
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Jigalong – manganese & base metals project located 150km east of Newman, WA
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Queen Victoria Rocks - joint venture with Companhia Vale do Rio Doce (Vale), 30km south-west of Coolgardie, WA
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Sunday – gold joint venture with Triton Gold Ltd, 10kms east of Leonora, WA
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