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RIEDEL RESOURCES LIMITED — Capital/Financing Update 2011
Jun 6, 2011
65702_rns_2011-06-06_7f459f2a-018b-4948-b9c2-1525e823e108.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
7 June 2011
Closure of NonRenounceable Entitlement Issue of Options
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COMPANY DIRECTORS Mr Ian Tchacos Non-Executive Chairman
Mr Bruce Franzen Executive Director
Mr Jeffrey Moore Managing Director
Mr Andrew Childs Non-Executive Director
The Directors of Riedel Resources Limited (“Riedel”) are pleased to announce that the Non-Renounceable Entitlement Issue of Options offered pursuant to the Prospectus lodged on 4 May 2011 has closed.
Mr Wolfgang Zimmer Non-Executive Director
COMPANY SECRETARY
Mr Bruce Franzen
The Company advises that the shortfall of the issue is 16,821,111 options. The Directors are proceeding to place the shortfall and will advise the outcome to the market in due course.
For further information in relation to this class of securities, please refer to the Appendix 3B lodged upon the ASX platform on 6 May 2011.
CONTACT DETAILS Principal & Registered Office Suite 1 45 Ord Street West Perth WA 6005 Australia
Postal Address PO Box 1559, West Perth WA 6872
Website www.riedelresources.com.au
Email [email protected]
Phone +61 8 9226 0866
For further information please contact:
Bruce Franzen Executive Director Riedel Resources Limited Tel: 61 8 9226 0866 Email: [email protected]
Facsimile +61 8 9486 7375
ABN:91 143 042 022 ASX CODE: RIE
About Riedel Resources Limited
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Riedel Resources Limited is an Australian Based exploration Company established to explore for and develop gold and base metals mineralisation in Western Australia. The Company was incorporated on 9 April 2010 as a public company for the purpose of acquiring a portfolio of highly prospective exploration projects located in Western Australia from ADX Energy Limited (formerly AuDAX Resources Limited). Riedel successfully listed on the ASX on 31 January 2011.
Further information can be found on Riedel Resources at the Company’s website www.riedelresources.com.au .
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