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Microsoft Word - 5 Aug 2015 Beacon Minerals Repayment of Debenture Notes
ASX ANNOUNCEMENT
5 August 2015
BEACON MINERALS REPAYS DEBENTURE NOTES
Debenture Note Final Repayment
Beacon Minerals Limited (Beacon or the Company) is pleased to confirm that the Company has made a final repayment in relation to the Company's debenture notes.
On the 19 May 2015 and 2 July 2015 the Company advised that $2.0 million of debentures had been repaid, 6 months earlier than the due date.
The Company is pleased to advise that a further $2.0 million has been repaid, 5 months earlier than its due date. After the repayment the Company has repaid all the debenture notes on issue.
For the key terms of the debenture notes please see the 7 October 2013 Notice of Annual General
Meeting.
Proceeds from the debenture notes issued were used to fund working capital for the Company's Halleys
East Gold Project.
Sale of Consolidated Tin Mines Shares
Beacon is pleased to further advise that it has sold 13,219,917 shares in Consolidated Tin Mines
(ASX:CSD) at $0.055 per share. Proceeds from the sale was $714,324, net of brokerage costs.
For more information contact:
Geoff Greenhill Executive Chairman Beacon Minerals Ltd M: 0419 991 713
Graham McGarry Managing Director Beacon Minerals Ltd M: 0409 589 584
BEACON MINERALS LIMITED ACN 119 611 559
Kalgoorlie Office 144 Vivian Street, Boulder, WA 6432
Registered OfficeLevel 1, 115 Cambridge Street, PO Box 1305, West Leederville, WA 6007
Website www.beaconminerals.comPhone 08 9322 6600 Facsimile 08 9322 6610
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Beacon Minerals Ltd.
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EXPLORATION STAGE |
CODE : BCN.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Beacon Minerals is a nickel and copper exploration company based in Australia. Beacon Minerals holds various exploration projects in Australia. Its main exploration properties are BARLEE, GREENVALE PROJECT and PIONNER in Australia. Beacon Minerals is listed in Australia and in Germany. Its market capitalisation is AU$ 34.4 millions as of today (US$ 22.5 millions, € 21.1 millions). Its stock quote reached its lowest recent point on October 28, 2016 at AU$ 0.00, and its highest recent level on August 16, 2019 at AU$ 0.05. Beacon Minerals has 1 495 469 952 shares outstanding. |