Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

SABRE RESOURCES LIMITED Capital/Financing Update 2012

Aug 21, 2012

65750_rns_2012-08-21_047bc113-5a6a-40e9-9f29-89fc2bfb8d02.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [55 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [54 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [54 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [4 x 118] intentionally omitted <==

==> picture [54 x 59] intentionally omitted <==

==> picture [55 x 59] intentionally omitted <==

==> picture [54 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [54 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [54 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

==> picture [55 x 60] intentionally omitted <==

ASX ANNOUNCEMENT & MEDIA RELEASE

22 A ugust 201 2

SABRE COMPLETES SIGNIFICANTLY OVERSUBSCRIBED $8,000,000 PLACEMENT

  • $8,000,000 share placement completed

  • Strong institutional support

  • Mr Tim Putt appointed CEO

Sa b re Resour c es Ltd (ASX:SBR) i s pleased t o announ c e that the Company has co m pleted a p lacement o f approxi m ately 30.8 million sh a res at $0. 2 6 per sha r e to institutional, s o phisticated and profe s sional inv e stor client s of BBY Li m ited and O cta Phillip Securiti e s Limited, raising $8, 0 00,000 be f ore place m ent costs.

Th e placement was many times ov e rsubscrib e d by instit u tions and high net w orth clie n ts of the abovementi o ned broke r s.

Th e funds will p rimarily b e applied to following up on result s of the dril l ing progra m me at t h e highly p r ospective G uchab co p per prosp e ct as announced on 14 August 2012, and Sabre’s r e gional exp l oration pr o gramme in the Otavi M ountain Land, as w e ll as pro v iding additional worki n g capital.

We are also p leased to a nnounce t hat Mr Ti m Putt, for m erly Gene r al Manager for Ma r keting an d Develop m ent, has b een appointed to th e role of C hief Exec u tive Offi c er.

Sa b re’s Chief E xecutive O fficer Tim Putt said: The place m ent was s i gnificantly over subscribed wit h very stro n g support from existi n g shareholders and n ew institutional and sophisticated investors whom w e welcom e to the Co m pany. Th e capital ra i sing pla c es Sabre i n a strong p osition to c ontinue our exciting exploration p rogramme and foll o w up on recent outstanding drilli n g results.”

Norman Grafton Company Secretary Sabre Resources Ltd

Or consult our website: ww w .sabresou rc es.com

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [54 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [55 x 42] intentionally omitted <==

==> picture [4 x 42] intentionally omitted <==