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ROKEBY RESOURCES LIMITED Capital/Financing Update 2015
65707_rns_2015-06-30_b13d990c-14ed-422a-854a-c87644753b02.pdf
Capital/Financing Update
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INCA MINERALS LTD
29 June 2015
1001
| Sub-Register | |
|---|---|
| 111N / CDN | ومحاوله والتقاول استحارا |
Dear Shareholder
Participation in Renounceable Entitlement Offer
The Board of Inca Minerals Limited (Inca or Company) is pleased to invite eligible shareholders to participate in a renounceable pro rata entitlement offer on the basis of 1 new share in the Company (New Share) for every 3 existing shares held, at an issue price of \$0.01 per New Share (Entitlement Offer) to raise up to approximately \$2,154,454 (before associated costs).
The Entitlement Offer is fully underwritten by Patersons Securities Limited (Patersons).
The Entitlement Offer will be undertaken through a prospectus issued in accordance with section 713 of the Corporations Act 2001 (Cth) (Prospectus). The Prospectus also contains a separate offer of up to 85,000,000 New Shares at an issue price of \$0.01 per New Share to raise up to \$850,000 (Placement Offer).
Pursuant to the Entitlement Offer, there may be a separate and independent offer (Shortfall Offer) to subscribe for New Shares not otherwise taken up in the Entitlement Offer (Shortfall Shares) on the same terms and conditions as the Entitlement Offer. The Entitlement Offer is available to all Inca shareholders registered on the record date of Entitlement Offer, being 5:00pm (WST) on Thursday, 2 July 2015 (Record Date), whose registered address is in Australia or New Zealand (Eligible Shareholders). The Entitlement Offer is not extended to any shareholder whose registered address is outside of Australia or New Zealand.
To the extent shareholders do not take up their entitlement, their interest in the Company will be diluted.
Key Information regarding the Entitlement Offer
Entitlements to New Shares under the Entitlement Offer are renounceable meaning that rights will be tradable on ASX or can be otherwise transferable. The trading of rights on ASX commences Tuesday, 30 June 2015 and will cease on Thursday, 9 July 2015.
Inca will apply for official quotation of the New Shares on ASX.
As an Eligible Shareholder, you may take one of the following actions:
- Take up all of your entitlement to New Shares;
- Take up all of your entitlement to New Shares and apply for Shortfall Shares under the Shortfall Offer;
- " Sell part or all of your entitlements on ASX and allow the balance to lapse;
- Deal with part or all of your entitlement other than on ASX; or
- Decline to exercise part or all of your entitlement and allow it to lapse.
Shareholders may also apply for shares under the Placement Offer subject to the terms in the Prospectus.
- . Inca Minerals Limited [ASX: ICG] . 1 / 16 Nicholson Road, Subiaco, Western Australia, 6008 .
- . PO Box 38, West Perth, Western Australia, 6872 . t +61 (0) 8 6145 0300 . ABN 36 128 512 907 .
The Company is undertaking the Entitlement Offer to raise funds to conduct a drilling, exploration and evaluation program at the Company's Chanape Project in Peru and to provide the Company with additional working capital.
Important Dates for the Entitlement Offer
The indicative timetable* for the Entitlement Offer is as follows:
| Event | Date |
|---|---|
| Lodgement of Prospectus with ASIC and provision to ASX | Thursday, 25 June 2015 |
| Company Letter sent to both Foreign & Eligible Shareholders | Monday, 29 June 2015 |
| "Ex" Date | Tuesday, 30 June 2015 |
| Entitlement trading commences | Tuesday, 30 June 2015 |
| Record Date | Thursday, 2 July 2015 |
| Prospectus despatched to Eligible Shareholders | Tuesday, 7 July 2015 |
| Opening Date | Tuesday, 7 July 2015 |
| Entitlement trading ends | Thursday, 9 July 2015 |
| Closing Date | Thursday, 16 July 2015 at 5:00pm (WST) |
| Notify ASX and Underwriter of Shortfall | Monday, 20 July 2015 |
| Anticipated issue date of New Shares | Thursday, 23 July 2015 |
| Anticipated date for despatch of holding statements | Thursday, 23 July 2015 |
| Deferred settlement trading ends | Thursday, 23 July 2015 |
| Anticipated date for commencement of trading of New Shares | Friday, 24 July 2015 |
*The above timetable is indicative only and subject to change. Subject to the ASX Listing Rules, the Directors reserve the right to extend the closing date for the Entitlement Offer. Any extension of the closing date will have a consequential effect on the anticipated date for issue of the securities.
Underwriting
The Entitlement Offer is fully underwritten by Patersons. Please refer to sections 1.6 and 6.1 of the Prospectus on the material terms of the underwriting agreement.
Prospectus
Details of the Entitlement Offer are contained in the Prospectus lodged with ASIC and ASX on 25 June 2015. The Prospectus will be mailed to Eligible Shareholders on or about Tuesday, 7 July 2015 along with the entitlement and acceptance form. The Directors encourage you to read the Prospectus carefully and seek advice from your professional adviser if you have any queries. This notice is to inform you of the Entitlement Offer. You are not required to do anything in respect to this letter.
If you have any questions in relation to this letter or the Entitlement Offer, please contact me or the Company Secretary by email on [email protected].
Yours faithfully
Ross Brown Managing Director