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SABRE RESOURCES LIMITED Capital/Financing Update 2012
65750_rns_2012-08-19_eeef2935-ad89-43f8-b46a-035dec826ff8.pdf
Capital/Financing Update
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MARKET RELEASE
20 August 2012
Sabre Resources Limited
TRADING HALT
The securities of Sabre Resources Limited (the "Company") will be placed in Trading Halt Session State at the request of the Company, pending the release of an announcement by the Company. Unless ASX decides otherwise, the securities will remain in Trading Halt Session State until the earlier of the commencement of normal trading on Wednesday 22 August 2012 or when the announcement is released to the market.
Security Code: SBR
Jill Hewitt Senior Adviser, Listings (Perth)
RESOURCES LTD
20 August 2012
Mr Wade Baggott Australian Securities Exchange 2 The Esplanade Perth WA 6000
Email: [email protected]
Dear Mr Baggott
REQUEST FOR TRADING HALT
Pursuant to Listing Rule 17.1, the Company requests an immediate trading halt be granted by the ASX with respect to the Company's quoted securities.
In accordance with Listing Rule 17.1, the Company advises:
- (a) the reason for the request is to facilitate an orderly market in the Company's securities pending an announcement regarding a capital raising;
- (b) the Company anticipates the trading halt to remain in place until the earlier of such time as it makes an announcement in relation to the capital raising and the expiration of the period permitted under Listing Rule 17.1.1; and
- (c) the Company is not aware of any reason why the trading halt should not be granted.
Yours sincerely
Norman Grafton Company Secretary Sabre Resources Ltd