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STREAMPLAY STUDIO LIMITED — Capital/Financing Update 2017
Jun 25, 2017
65841_rns_2017-06-25_30539ed3-eedd-4d7f-b08f-36326956549a.pdf
Capital/Financing Update
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ABN 31 004 766 376
RECORD DATES FOR BONUS OPTION ISSUE AND TIPL SPIN OUT
Release Date: 26 June, 2017
On 22 June 207 Arrowhead Resources Ltd (“ Arrowhead ” or the “Company ”) reported that it has executed a conditional binding share sale agreement to acquire 100% of the issued capital of Gaming Battle Ground Pty Ltd (ACN 616 572 144) (“ GBG” ). The acquisition is subject to the satisfaction of various conditions including due diligence and shareholder approvals (refer to the ASX announcement dated 22 June 2017).
The Board would like to advise that it is the Company’s present intention that the record date for participation in the 1:1 Loyalty Option offer and the in‐specie distribution of shares in Tantalum International Pty Ltd (TIPL) on a pro‐rata basis, to the Company’s Shareholders, will be 5.00pm (AWST) on 26 July 2017, subject to all necessary ASX approvals.
The intention of the Loyalty Option issue and the TIPL in‐specie distribution is to direct value to existing shareholders from both the outcomes of the exciting potential of the GBG acquisition and from any possible positive outcome from TIPL’s legal claims against the Government of Egypt, respectively.
Detailed timetables and offer documents for the Loyalty Option offer and TIPL in‐specie distribution will be released in due course.
For further information, please contact:
Michael Rosenstreich Chairman Arrowhead Resources Limited
Phone: +61 08 9246 4483
e: [email protected] w: www.arrowheadresources.com.au
PO Box 2277 Marmion WA 6020 Australia
Suite 1, 58 Southside Drive Hillarys WA 6025 Australia t: +61 8 9246 4483