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ZEOTECH LIMITED Capital/Financing Update 2013

May 29, 2013

66115_rns_2013-05-29_b4a951e6-3da1-4514-a09c-53cf1bb4f767.pdf

Capital/Financing Update

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30 May 2013

Extension of Closing Date Non-renounceable Rights Issue

As announced to the Australian Securities Exchange (“ASX”) on 29 April 2013, Laconia Resources Limited (“ Laconia ” or “ the Company ”) is undertaking a non-renounceable rights issue of up to 91,585,297 new fully paid shares in the Company (New Shares) at an issue price of $0.015 on the basis of one (1) New Share for every three (3) shares held on the 15 May 2013 (Record Date), together with one (1) free attaching option exercisable at $0.06 each on or before 30 September 2018 for every two (2) New Shares subscribed for and issued (New Option) (Rights Issue).

Laconia wishes to advise that it will be extending the closing date for its current non-renounceable rights issue offer from Friday 7 June 2013 to 5.00pm (WST) on Friday 14 June 2013 .

A revised timetable appears below.

Event Date
Lodgement of Prospectus with the ASIC 3 May 2013
Prospectus despatched to Shareholders & Company
announces despatch has been completed
16 May 2013
Ex date 9 May 2013
Record Date for determining Entitlements 15 May 2013
Closing Date for the Offer and Placement 14 June 2013*
Securities quoted on a deferred settlement basis 17 June 2013
ASX notified of under subscriptions 19 June 2013
Issue and Despatch of holding statements 24 June 2013
Deferred settlement trading ends 24 June 2013
Quotation of Securities issued under the Offer 25 June 2013
  • Subject to the Listing Rules, the Directors reserve the right to extend the closing date of the Rights Issue at their discretion. Should this occur, the extension will have a consequential effect on the anticipated date of issue for the New Shares and New Options.

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Eligible shareholders will have received an Entitlement Issue and Placement prospectus along with an entitlement and acceptance form. Shareholders should refer to these documents for the full details and terms of the Rights Issue.

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

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 Company now has a Peruvian project portfolio covering 8,387 Ha, including the Rasuhuilca gold-silver development project, in addition to the Company’s portfolio of precious and base metal projects in Western Australia. A Feasibility Study was completed at Rasuhuilca in 2008 and Laconia aims to bring it into production as a high-grade, small-tonnage operation, and utilise the project’s revenues to unlock its exploration upside.

In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara regions, across 35 granted tenements covering an approximate 955km2. The Company has determined JORC compliant resources at its projects at Lennons’ Find, (Cu-Ag-Pb-Zn-Au), and most recently at Rasuhuilca in Peru (Au-Ag). The Company is focused on targeted exploration of its project areas, and further definition and expansion of its Resource base at its advanced projects.

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