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RUMBLE RESOURCES LIMITED — Capital/Financing Update 2015
Apr 23, 2015
65736_rns_2015-04-23_63b60b10-352c-4dd5-9499-234d48c1766c.pdf
Capital/Financing Update
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Information Required under ASX Listing Rule 3.10.5A
24 April 2015
Further to the announcement on 13 April 2015 where Rumble Resources Ltd (“Rumble” or the “Company”) announced that it had raised $1.68m, the Company is pleased to advise that 37,500,000 fully paid ordinary shares have been issued at $0.045 per share to raise $1,687,500.
Details of issue under 10% Placement Facility under LR 7.1A
The Company provides the following information required under ASX Listing Rule 3.10.5A regarding the issue of the above mentioned shares:
- a) The dilutive effect of the issue of shares as mentioned above is as follows:
Number of shares on issue prior to the Placement shares: 150,151,143
| Placement issued under Listing Rule 7.1A (14,977,329) | 7.98% |
|---|---|
| Placement issued under Listing Rule 7.1 (22,522,671) | 12.00% |
| Totaldilutionas aresult ofthe above sharesissued | 19.98% |
Number of shares on issue following the Placement shares: 187,651,143
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b) The Company issued the shares as a placement under Listing Rule 7.1A instead of as (or in addition to) a pro rata issue or other type of issue in which existing security holders would have been able to participate as it believed this was the most efficient mechanism for raising funds at the time.
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c) No underwriting arrangements were in place for the Placement.
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d) The Company will pay a 6% commission on the funds raised.
Rumble Resources Ltd
Suite 9,36 Ord Street, West Perth, WA 6005 T +61 8 6555 3980 F +61 8 6555 3981
rumbleresources.com.au
ASX RTR
Executives & Management
Mr Shane Sikora CEO
Mr Terry Topping Executive Director
Mr Matthew Banks Non-executive Director
Mr Michael Smith Non-executive Director
ENDS
For further information visit rumbleresources.com.au or contact [email protected].
About Rumble Resources Ltd
Mr Andrew McBain Non-executive Director
Mr Bruno Seneque Company Secretary
Rumble Resources Ltd 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.