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Australia : A-Cap Resources Limited: Issue of New Shares.

The Directors of A-Cap Resources Limited ("A-Cap" or the "Company") advise that today, Wednesday 31 August 2016, the Company allotted a total of 10,658,884 new ordinary fully paid shares.

The allotment was made pursuant to a Prospectus dated 26 July 2016 for a pro-rata Non-Renounceable Rights Issue which closed at 5.00pm AWST Thursday 25 August 2016. Holding statements were despatched today.

At the close A-Cap received applications for 10,658,884 ordinary shares resulting in a shortfall of 102,977,480 ordinary shares. Settlement and allotment of the shortfall shares will be completed this week, pursuant to the Underwriting Agreement with Jiangsu Chixiang Precision Gear Co., Ltd.

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Publication:Mena Report
Date:Sep 1, 2016
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