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SUREFIRE RESOURCES NL — Capital/Financing Update 2018
May 20, 2018
65857_rns_2018-05-20_11b8ab25-2171-41a7-99bf-c2b6e098fdf0.pdf
Capital/Financing Update
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21 May 2018
ASX Announcement ASX:SRN
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ENTITLEMENT OFFER
Surefire Resources NL ( the Company ) is pleased to advise that its 2.5 for 1 renounceable rights issue ( Offer ) has completed and the relevant Appendix 3B is being lodged separately to this announcement.
As advised to ASX on 16 May 2018, a strong response was received from shareholders who subscribed for 48.7% of the total securities being offered under the Offer.
CPS Capital, acting as Manager and Underwriter to the rights issue offer, placed the remaining shortfall securities pursuant to the resulting Shortfall Offer and thereby raised an additional $1,848,858, bringing the total raised under the Offer to $3,603,031 (before costs of the offer).
Quotation of the new fully paid shares and options is expected to occur today, Monday 21 May 2018.
The directors are encouraged that so many shareholders took the opportunity to increase their investment in the Company and thank them for their continued support.
The Company is now in a position to undertake exploration programmes on its vanadium and high-grade lead/silver projects in Western Australia.
For further information, please contact the Company on +61 8 9429 8846.
Vladimir Nikolaenko
Director Surefire Resources NL
__________________________________________________________________________________ AUSTRALIA 45 Ventnor Avenue, West Perth WA 6005 | T +61 8 9429 8846 | F +61 8 9429 8800 ABN 48 083 274 024 | ASX SRN | E [email protected] www.surefireresources.com.au