AI assistant

Sign in to chat with this filing

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

Sign up Log in

ST BARBARA LIMITED Capital/Financing Update 2006

Feb 2, 2006

65749_rns_2006-02-02_8595b5cf-4c3a-49dd-acc7-a45ed87d3b4c.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

St Barbara Limited

$-$ ASX $-$ SHAREHOLDERS REPORT

Enquiries regarding this report may be directed to:

Eduard Eshuvs Managing Director & CEO

St Barbara Limited ACN 009 165 066 Level 2, 16 Ord Street West Perth WA 6005 Telephone $+6189476555$ Facsimile $+61894765500$ Email
Website [email protected] www.stbarbara.com.au

110.5M shares bought on-market by institutional investors at 50 cents each

A total of 110.5M shares were placed to International and Australian institutions at 50 cents each by Southern Cross Equities. Of the total shares placed, 95M shares were sold by Resource Capital Fund II LP.

Following the sale, Resources Capital Fund II LP will hold 83.7M shares, representing 13.5% of the current issued capital of the Company.

Resource Capital Fund III LP holds a \$7M convertible loan with conversion rights to 100M shares.

When the conversion rights are exercised, Resource Capital Funds will have 183.7M shares in St Barbara, representing 25.6% of the diluted capital of the Company.