Printer Friendly

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.

[c] 2016 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Date:Sep 1, 2016
Words:123
Previous Article:Canada : Premier Extends High Grade Mineralization At McCoy-Cove.
Next Article:Brazil,Germany : German Paralympic Team flies to Brazil with Lufthansa group.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters