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STREAMPLAY STUDIO LIMITED — Capital/Financing Update 2015
Jan 26, 2015
65841_rns_2015-01-26_e3f02eb7-60fb-40f1-8cb8-04626f6cfe1a.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: 27 January 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 by two weeks to 13 February 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 |
|---|---|
| Last day to extend the Offer* | 10 February 2015 |
| Closing Date | 13 February 2015 |
| Shares quoted on a deferred settlement basis | 16 February 2015 |
| ASX notified of under subscriptions | 18 February 2015 |
| Issue date/Shares entered into Shareholders’ security holdings |
20 February 2015 |
| Quotation of Shares issued under the Offer* | 23 February 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 27 January 2015