AI assistant
SABRE RESOURCES LIMITED — Capital/Financing Update 2012
Aug 21, 2012
65750_rns_2012-08-21_c0f0ed74-1f32-48cb-afa7-1756229dc1a4.pdf
Capital/Financing Update
Open in viewerOpens 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 <==