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ROX RESOURCES LIMITED — Capital/Financing Update 2016
Jul 24, 2016
65741_rns_2016-07-24_1381b8c1-30bd-4f68-b882-21eb72df89bf.pdf
Capital/Financing Update
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ASX/MEDIA RELEASE
25 July 2015
SHARE PLACEMENT
The directors of Rox Resources Limited ( ASX: RXL ) (“ Rox ” or “ the Company ”) are pleased to advise that agreement has been reached to place approximately 55.5 million shares at $0.018 per share to raise approximately $1.00 million (“Share Placement”) before costs. The placement was made to Australian based institutions and sophisticated investors.
Commenting on the Share Placement Managing Director Ian Mulholland said, “We are pleased with the response we have received to this raising. The funds raised will be principally used to follow up the very strong targets generated at the Fisher East Nickel project and general working capital.”
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For more information:
Shareholders Ian Mulholland Managing Director Tel: +61 8 9226 0044 [email protected]
Media
Tony Dawe Professional Public Relations Tel: + 61 8 9388 0944 [email protected]
Rox Resources Limited ABN 53 107 202 602 Level 1, 34 Colin Street, West Perth WA 6005 Telephone: +61 8 9226 0044 Facsimile: +61 8 9322 6254 Email: [email protected]