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TITANIUM SANDS LIMITED — Capital/Financing Update 2016
Feb 10, 2016
65956_rns_2016-02-10_cfd2b2ac-deb7-4d0a-87ab-0887cfd7877a.pdf
Capital/Financing Update
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11 February 2016
Company Announcements Office Australian Securities Exchange 10[th] Floor, 20 Bond Street SYDNEY NSW 2000
Dear Sir
COMPLETION OF PLACEMENT – TRANCHE 1
Windimurra Vanadium Limited (“ Company ”) is pleased to advise it has raised $180,000 under Tranche 1 of its Placement issuing 25,714,289 at $0.007 per Share. Funds raised will be used for general working capital.
The Shares issued are to remain unquoted pending determination of ASX escrow upon the Company’s re-compliance with Chapters 1 & 2 of the ASX Listing Rules.
The Company intends to raise a further amount of up to $300,000 to be used for general working capital.
Yours faithfully
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Nicki Farley Company Secretary
Windumurra Vanadium Limited ABN 65 009 131 533 Level 24,44 St Georges Tce, Perth WA 6000 Tel: 08 6211 5099 Fax: 08 9218 8875