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SANTA FE MINERALS LTD — Capital/Financing Update 2012
Jan 11, 2012
65772_rns_2012-01-11_f59bd086-a116-448c-bd39-6a960b825c95.pdf
Capital/Financing Update
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12 January 2012
EZEATM LTD COMPLETES $10m PLACEMENT OVERSUBSCRIBED
Ezeatm Limited (ASX:EZA, “Ezeatm”) is pleased to confirm the successful subscription for 25 million shares at $0.40 per share for a total of $10mil, to part fund the acquisition of the ATM Network of iCash Payment Systems Limited as announced on 1 December 2011.
The Company has received firm commitments for the Placement which was keenly sought by professional and sophisticated investors in Australia and overseas and was oversubscribed. The Placement is subject to approval by Ezeatm’s shareholders at a meeting being held on 13 January 2012.
Given the current economic uncertainty, we at Ezeatm welcome the continued strong support from both Australian and overseas sophisticated investors.
This acquisition is a major step in our national expansion strategy and determination to become the largest independent ATM deployer in Australia.
For further information, please contact: Todd Zani Chief Executive Officer
Tel : 0419 912 566
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