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ZEOTECH LIMITED — Capital/Financing Update 2013
Jun 3, 2013
66115_rns_2013-06-03_67a83d04-995d-416e-b471-0b3d2b93fa77.pdf
Capital/Financing Update
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4 June 2013
Release of Securities from Escrow
Laconia Resources Limited (ASX: LCR) (“ Laconia ” or “ the Company ”) advises that in connection with the Company’s acquisition of its Rasuhuilca Project in Peru in June 2012 from Gold Mines of Peru Limited, certain vendors entered into ASX–imposed escrow agreements and voluntary escrow agreements. The ASX–imposed and voluntary escrow agreements provide that the relevant securities holders are restricted from dealing in their escrowed securities for a period of 12 months from the date of issue of the securities.
Accordingly, pursuant to ASX Listing Rule 3.10A, the Company advises as follows:
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1 convertible note issued on 20 June 2012 will be released from ASX-imposed escrow effective 20 June 2013;
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26,505,000 ordinary fully paid shares and 12,500,000 performance shares issued on 21 June 2012 will be released from ASX-imposed escrow effective 21 June 2013; and
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2,000,000 performance shares issued on 21 June 2012 will be released from voluntary escrow effective 21 June 2013.
Application for quotation will be made in the prescribed manner in compliance with ASX Listing Rule 2.8.2 for the 26,505,000 ordinary fully paid shares referred to above.
ENDS
For further information please contact:
Ian Stuart
Managing Director Laconia Resources Limited P: +61 8 9486 1599 E: [email protected] www.laconia.com.au
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About Laconia Resources Limited
ASX-Listed Laconia Resources Limited (ASX: LCR) is a Perth-based emerging precious and base metals exploration and development Company with a South American focus. The recently acquired Rasuhuilca goldsilver development project in Peru complements the Company’s existing portfolio of precious and base metal projects in Western Australia.
In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara regions, across 24 granted tenements covering an approximate 987 km[2] . The Company has determined JORC Compliant Resources at its Lennons Find Project, (Cu-Ag-Pb-Zn-Au), and more recently its Rasuhuilca Project in Peru (Au-Ag).
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