AI assistant
RUMBLE RESOURCES LIMITED — Capital/Financing Update 2011
Dec 18, 2011
65736_rns_2011-12-18_29abe124-a980-4b05-ad36-c5a165cb6933.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [335 x 68] intentionally omitted <==
Non-Renounceable Entitlement Issue of Loyalty Options
19 December 2011
The Directors of Rumble Resources Limited have resolved that the Company will make a pro rata non-renounceable offer of loyalty options at an issue price of 1 (one) cent per option (Loyalty Options). Each Loyalty Option is exercisable at twenty five (25) cents on or before 31 July 2014.
The Offer will be made to Rumble Resources shareholders on a basis of one (1) Loyalty Option for every three (3) Shares held at 5.00pm WST on 12 January 2012 (Record Date). All holders of ordinary shares in the Company are entitled to participate in the Offer. Existing Optionholders who exercise their Options after the date of the Prospectus but prior to the Record Date are entitled to participate in the Offer.
The ASX has previously approved the timetable for the non-renounceable pro-rata offer of Loyalty Options by the Company. The Company is pleased to announce the important dates for the offer are as follows:
| Lodgement of Prospectus | 4January2012 |
|---|---|
| ‘Ex’ Date | 6 January2012 |
| RecordDate | 12January2012 |
| Acceptance closes at 5pm WST | 30 January2012 |
Applicants should consult their brokers or professional advisors in regards to the definition of ‘Ex’ Date and Record Date to ensure that their entitlement to participate in the offer is assured.
The Company intends to lodge a Prospectus for the Offer at the Australian Securities & Investment Commission on or before 4 January 2012. The Prospectus will be mailed to each shareholder registered in the share register on the Record Date. Each shareholder’s entitlement under the Offer will be set out in the Entitlement and Acceptance Form that will accompany the Prospectus.
The Company will apply for official quotation of the Loyalty Options exercisable at twenty five (25) cents each on or before 31 July 2014 issued under the Prospectus.
If any Shortfall remains after Shareholders have taken up their Entitlements of Loyalty Options, the Directors reserve the right pursuant to Listing Rule 7.2 (exception 3) to place any Shortfall with parties selected by them.
==> picture [118 x 101] intentionally omitted <==
Rumble Resources Ltd
Suite 24, 22 Railway Road SUBIACO WA 6008
T +61 8 9388 8041 F +61 8 9388 8042
ASX RTR
26.9M ordinary shares
6.1M unlisted options
Board of Directors
Mr Andrew McBain Managing Director
Mr Michael Smith Non-executive Director
Mr Matthew Banks Non-executive Director
Mr David Palumbo Company Secretary
ENDS
For further information visit rumbleresources.com.au or contact [email protected].
Andrew McBain Managing Director
About Rumble Resources Limited
Rumble Resources Limited is an Australian based exploration company, officially admitted to the ASX on the 1st July 2011. Rumble was established with the aim of adding significant value to its current gold and base metal assets and will continue to look at mineral acquisition opportunities both in Australia and abroad.