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STREAMPLAY STUDIO LIMITED Capital/Financing Update 2007
65841_rns_2007-12-05_b93bd8d4-23e8-49d6-8a14-75436b73445a.pdf
Capital/Financing Update
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6 December 2007
GIPPSLAND SHARES TRADING ON DEUTSCHE-BÖRSE
Emerging tantalum major Gippsland Limited has continued its expansion into European capital markets, with the Company's shares now trading on a regular basis on the Frankfurt Stock Exchange (Deutsche-Börse) under the code "GIP".
Gippsland's move onto the major German securities exchange follows the Company's recent success in securing a 10-year tantalum offtake agreement with the German major HC Starck GmbH, which considerably increased German investor interest in the Company.
The Company is presently in the advanced stage of negotiation with a number of leading German banks and financial institutions to secure project finance for the 40 million tonne Abu Dabbab tantalum project.
Gippsland Executive Chairman Jack Telford said he expected that German investor interest in the Company and its world scale tantalum project would continue to increase as the project moves towards production.
"Germany is a powerhouse of world trade and a leader in many aspects of industry and technology, particularly in regard to tantalum" Mr Telford said.
"We firmly believe that Gippsland's future as a leading supplier to the global tantalum industry will be best served by aligning the Company with the financial and technical strength of Germany.
This will ensure Gippsland is positioned to take full advantage of its unique position in the tantalum supply chain. Having a EURO based trading platform in Frankfurt will also provide better exposure and involvement with the wider European investor base," Mr Telford said.
The Company will hold a number of investment seminars in Frankfurt and other German financial centres during the first half of 2008. German investor participation will be assisted by a German language website presently being prepared by the Company.
RJ (Jack) Telford Executive Chairman Gippsland Limited www.gippslandltd.com
For further information please contact:
Jack Telford Fiona Owen T: +61 (0)8 9340 6000 T: +44 (0)20 7383 5100 E: [email protected] E: [email protected]
Luke Cairns, Director, Corporate Finance Richard Hail, Head of Corporate Finance Hoodless Brennan plc Fox-Davies Capital T: + 44(0)20 7510 8600 T: +44 (0)20 7936 5200 E: [email protected] E: [email protected]
Jane Stacy / Ed Portman Warrick Hazeldine Investor Relations Investor Relations T: +44 (0)20 7429 6605 / 6607 T: +61 (0)8 9485 1254 E: [email protected] M: +61 (0)417 944 616
Gippsland Limited Grant Thornton Corporate Finance
E: [email protected] E: [email protected]
Profile of the Frankfurt Stock Exchange
Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), is one of the world's largest and most efficient trading centres for securities. Deutsche Börse AG operates the Frankfurt Stock Exchange, an entity under public law which ensures the smooth functioning of exchange trading.
As the Frankfurt Stock Exchange facilitates advanced electronic trading, settlement and information systems, it is able to meet the steadily growing requirements of cross-border trading. Besides traditional floor trading, it has in Xetra® one of the leading electronic trading platforms in the world. Today, the Frankfurt Stock Exchange is an international trading centre with some 140 of around 300 market participants coming from abroad.
At 31 December 2006 Deutsche Börse AG had a market capitalization of Euro 14 billion.
History of the Frankfurt Stock Exchange
The origins of the Frankfurt Stock Exchange go back to the 9 century th and a free letter by Emperor Louis the German, to hold free trade fairs. By the 16th century Frankfurt developed into a wealthy and busy city with an economy based on trade and financial services.
In 1585 a bourse was established to set up fixed currency exchange rates. During the following centuries Frankfurt developed into one of the world's first stock exchanges - next to London and Paris. Bankers like Mayer Amschel Rothschild and Max Warburg had substantial influence on Frankfurt's financial trade.
In 1993 the Frankfurter Wertpapierbörse (Frankfurt Stock Exchange) became Deutsche Börse AG, operating businesses for the exchange.