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STREAMPLAY STUDIO LIMITED Share Issue/Capital Change 2005
65841_rns_2005-10-06_cd2afc69-e38f-44c3-8954-e07de26b6776.pdf
Share Issue/Capital Change
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Suite 34, 18 Stirling Highway, Nedlands WA 6009 PO Box 352, Nedlands WA 6909, Australia ABN 31 004 766 376 Tel: (08) 9389 8611 Fax: (08) 9389 8612 [email protected] www.gippslanditd.com
2005-10-07
LSE-ASX Announcement
Media Release
ISSUE OF SHARES
Placement of shares on London Stock Exchange AIM
Gippsland Limited ("the Company") is pleased to announce that the United Kingdom based broker HB-corporate has placed 15 million Ordinary Shares to UK investors on behalf of the Company at a price of 4 pence (approximately 9.33 Australian cents) per share raising the sum of UK£600,000 (approximately A$1,400,000) before costs.
These shares will rank pari passu with all existing shares and application has been made for the admission of the new ordinary shares for trading on the London Stock Exchange AIM with trading expected to commence on 11 October 2005.
The total number of shares on issue following admission will be 177,818,926
The funds raised will in the main be employed to develop the Company's Egyptian projects in particular the Wadi Allaqi gold projects, new project initiatives and working capital.
For further information please contact:
Jack Telford Executive Chairman Gippsland Limited www.qippslandltd.com [email protected]
Leesa Peters Conduit PR Tel: +44 (0)20 7618 8708 [email protected]
Les Polden HB-corporate Tel: +44 (0)20 7510 8565 [email protected]