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XREF LIMITED — Capital/Financing Update 2013
Dec 12, 2013
66097_rns_2013-12-12_00bf1594-10a3-463c-bd0c-023b430412b0.pdf
Capital/Financing Update
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King Solomon Mines Limited
242 Marine Parade, Otaki 5512, New Zealand Office (within Australia): 1 800 061 569 (outside Australia): +64 6 364 8462 Fax: +64 6 364 8497 [email protected] www.kingsolomonmines.com
13 December 2013
Companies Announcements Office Australian Securities Exchange
ISSUE OF SHARES UNDER PLACEMENT
The Board of King Solomon Mines Limited (ASX Code: KSO) is pleased to announce a placement of 14.15 million fully paid ordinary shares at a price of $0.004 to raise $56,600.
The funds raised are to fund its acquisition of exploration projects, exploration work and for general working capital.
The placement was made to a number of professional investors.
It is anticipated that an Appendix 3B for the issue of these placement shares will be lodged on 20 December 2013.
King Solomon Mines Limited
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Stephen McPhail Managing Director