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19 February 2010
20 April 2016
Company Announcements Platform Australian Securities Exchange
20 Bridge Street
SYDNEY NSW 2000
Dear Sir/Madam
SHARE PLACEMENT
Alloy Resources Limited ("Alloy" or "the Company") is pleased to announce that firm placement commitments have been received from professional and sophisticated investors to raise $1,320,000 before costs.
Bell Potter Securities Limited acted as managers to the Placement. The Placement of 120,000,000 fully paid shares at 1.1 cents each will be completed within the Company's 15% placement capacity under ASX Listing Rule 7.1 and 10% placement capacity under ASX listing Rule 7.1A. The new ordinary shares issued by Alloy under the Placement will rank equally with all other fully paid ordinary shares on issue.
Proceeds from the placement will principally be used to fund the Company's 40% contribution to Joint Venture expenditure at the Horse Well Gold Project, as well as exploration and evaluation programs at the Company's other projects and provide working capital.
Yours faithfully Andrew Viner
Executive Chairman
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Alloy Resources
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EXPLORATEUR |
CODE : AYR.AX |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Alloy Res. est une société d’exploration minière basée en Australie. Son principal projet en exploration est HORSE WELL en Australie. Alloy Res. est cotée en Australie. Sa capitalisation boursière aujourd'hui est 42,5 millions AU$ (33,1 millions US$, 27,3 millions €). La valeur de son action a atteint son plus bas niveau récent le 15 avril 2020 à 0,00 AU$, et son plus haut niveau récent le 23 octobre 2020 à 0,14 AU$. Alloy Res. possède 966 990 016 actions en circulation. |