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TALONX RESOURCES LIMITED — Capital/Financing Update 2012
Nov 19, 2012
65972_rns_2012-11-19_1a551766-b82a-448a-9f31-bb325f7f0de5.pdf
Capital/Financing Update
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20 November 2012
Share Placement
The Directors of Mount Burgess Mining NL are pleased to announce that the Company has placed 110,000,000 ordinary shares at 0.2 of 1 cent to professional and sophisticated investors.
This capital raising of $220,000 has been made through way of prior approval granted by shareholders in General Meeting held on the 20[th] August 2012 and under ASX Listing Rule 7.1. The funds raised will be applied to working capital and further development of the Company’s Kihabe Zinc/Lead/Silver project in Botswana.
An application for listing of these shares will be submitted in due course.
ACN: 009 067 476 8/800 Albany Hwy East Victoria Park Western Australia 6101 Tel: (61 8) 9355 0123 Fax: (61 8) 9355 1484 [email protected] www.mountburgess.com