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ST GEORGE MINING LIMITED — Capital/Financing Update 2011
Dec 1, 2011
65782_rns_2011-12-01_3837f2ff-d6e2-4cbe-9dce-395b087b5831.pdf
Capital/Financing Update
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ASX / MEDIA RELEASE
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2 December 2011
LOYALTY OPTION ENTITLEMENT ISSUE CLOSURE AND SHORTFALL NOTIFICATION
St George Mining Limited (ASX Code: SGQ) advises that the Loyalty Option Entitlement Issue made pursuant to the Prospectus dated 19 October 2011 closed on 30 November 2011.
The Loyalty Option Issue offered 31,509,000 Loyalty Options on the basis of One (1) Loyalty Option for every two (2) Shares held by Shareholders at an issue price of $0.01 per option.
The results of the Entitlement Issue are as follows:
Total number of loyalty options applied for 24,057,099 Shortfall 7,451,901
The Company has received expressions of interest in the Shortfall from existing shareholders and institutional investors.
The Board is currently reviewing these expressions of interest with a view to placing the remaining Shortfall over the coming days.
For more information contact:
John Prineas
Executive Chairman St George Mining Limited (+61) 411 421 253 [email protected] www.stgeorgemining.com.au
ST GEORGE MINING LIMITED ACN 139 308 973 Level 1, 115 Cambridge Street, PO Box 1305, West Leederville, WA 6007 | www.stgeorgemining.com.au Phone +618 9322 6600 | Facsimile +618 9322 6610