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STREAMPLAY STUDIO LIMITED — Capital/Financing Update 2015
Feb 23, 2015
65841_rns_2015-02-23_79f3ae00-7013-4636-a17a-f43f39801150.pdf
Capital/Financing Update
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Suite 12, 186 Hay Street PO Box 8206 Subiaco WA 6008 Subiaco East WA 6008 Australia Australia t: +61 8 9340 6000 e: [email protected] f: +61 8 9340 6060 w: www.gippslandltd.com
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EXTENSION OF CLOSING DATE AND UPDATED TIMETABLE NON RENOUNCEABLE RIGHTS ISSUE
Release Date: 24 February 2015
In December 2014, Gippsland Limited (Gippsland or the Company), announced a non-renounceable prorata entitlement issue (Entitlement Issue) to raise up to $1.96 million on the basis of 5 new shares in Gippsland, for every 7 existing shares held at the Record Date, at an issue price of $0.002 per share.
The directors advise that they have resolved to extend the closing date of the Entitlement Issue to 3 March 2015 to provide additional time for the resolution of the current financing process.
The updated timetable for Gippsland Limited’s non-renounceable pro-rata entitlement issue is as follows;
| Event | Date | Date |
|---|---|---|
| Last day to extend the Offer* | 26 February 2015 | |
| Closing Date | 3 March 2015 | |
| Shares quoted on a deferred settlement basis | 4 March 2015 | |
| ASX notified of under subscriptions | 6 March 2015 | |
| Issue date/Shares entered into Shareholders’ security | 10 March 2015 | |
| holdings | ||
| Quotation of Shares issued under the Offer* | 11 March 2015 |
*The Directors may extend the Closing Date by giving at least 3 Business Days notice to ASX prior to the Closing Date. As such the date the Shares are expected to commence trading on ASX may vary.
Rowan Caren (Company Secretary) www.gippslandltd.com
T: +61 8 9340 6000
1 Updated Timetable 24 February 2015