7fd6a82e-0430-4ca2-8eec-e178231d832d.pdf
28 October 2015
NON-RENOUNCEABLE RIGHTS ISSUE OFFER DOCUMENT
Avalon Minerals Ltd (ASX: AVI; 'Avalon') advises that the attached Offer Document has been dispatched to eligible shareholders today, together with a personalised Entitlement and Acceptance Form.
The current timetable for the Rights Issue is set out below.
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Activity
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Business
Day
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Date
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Announcement of Offer, Lodge Appendix 3B and Section 708AA Cleansing Notice
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0
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Fri, 16 Oct 2015
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|
Dispatch of notices to Shareholders and Option holders informing them of Rights Issue
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1
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Mon, 19 Oct 2015
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|
Shares trade on an 'ex' Entitlement basis*
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4
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Thu, 22 Oct 2015
|
|
Record Date for Entitlement to participate in the Rights Issue (5.00pm AEDT)
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6
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Mon, 26 Oct 2015
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|
Rights Issue Offer Document and Entitlement and Acceptance Form dispatched to Shareholders and lodged with ASX
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8
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Wed, 28 Oct 2015
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|
Closing Date for the Rights Issue (5.00pm AEDT)
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16
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Mon, 9 Nov 2015
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|
Securities quoted on deferred settlement basis
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17
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Tue, 10 Nov 2015
|
|
ASX notified of under subscriptions
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19
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Thu, 12 Nov 2015
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|
Issue of New Shares under the Rights Issue
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20
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Fri, 13 Nov 2015
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|
Holding statements are dispatched to Shareholders
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21
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Mon, 16 Nov 2015
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*The above dates are indicative only and may change without notice. The Directors reserve the right to amend this indicative timetable at any time (subject to the Corporations Act and ASX Listing Rules), to extend the Closing Date or to cancel the Rights Issue without prior notice in its absolute discretion. The commencement of quotation of new securities is subject to confirmation from the ASX.
*Shareholders should consult their professional advisors in regards to the definition of 'Ex' Date and Record Date to ensure that their entitlement to participate in the Rights Issue is assured. Where fractions arise in the calculation of entitlements, they will be rounded down to the nearest whole number.
If you have any questions concerning your Entitlement, please contact your professional advisor or the Company's share registry, Computershare Investor Services Pty Limited on phone: 1300 850 505 (within Australia); +61 3 9415 4000 (outside Australia).
28 October 2015
ABOUT AVALON
Avalon is an ASX listed mineral exploration company with high quality assets in Sweden, one of the leading metal producing countries in the European Union.
Avalon's flagship asset is the Viscaria Copper Project located 1,200km north of Stockholm where the Company has delineated a global resource of 54 million tonnes of copper mineralisation at 1.1% Cu, containing 604,000 tonnes of copper.
The Viscaria Project is surrounded by established infrastructure, lying immediately adjacent to LKAB's Kirunavaara Iron Ore operation and in close proximity to high-capacity rail and ports.
ABOUT SWEDEN
Sweden has a 1,000 year mining history, is the largest producer of iron ore in the European Union and is a leading producer of base metals (copper, zinc, lead) and precious metals (gold and silver).
There are excellent discovery opportunities, with much of the country underexplored by modern standards. Furthermore, Sweden possesses a world- class geological database and favourable minerals legislation, is politically and economically stable and has mining know-how, highly trained personnel and excellent infrastructure.
For further information please visit www.avalonminerals.com.au or contact:
Mr Malcolm Norris Managing Director Avalon Minerals Ltd Tel: 07 3368 9888
Email: [email protected]
OFFER DOCUMENT
NON-UNDERWRITTEN,
NON-RENOUNCEABLE PRO-RATA RIGHTS ISSUE
For a non-renounceable, pro rata Rights Issue of New Shares at an issue price of $0.027 per New Share on the basis of one (1) New Share for every two (2) Existing Shares held at the Record Date to raise approximately $3,444,813 before the costs of the issue.
Important Notice
This Offer Document is not a prospectus and it does not contain all of the information an investor would find in a prospectus, or which may be required to make an informed decision regarding or about the rights attaching to, the New Shares offered by this Offer Document.
This Offer Document is important and should be read in its entirety. If you do not understand the contents of this Offer Document you should obtain professional investment advice before deciding whether to apply for New Shares.
Any investment in the Company should be considered as speculative.
THIS RIGHTS ISSUE OPENS ON 28 OCTOBER 2015 AND CLOSES AT 5:00PM AEDT ON 9 NOVEMBER 2015.
TABLE OF CONTENTS
TABLE OF CONTENTS 2
IMPORTANT INFORMATION 3
LETTER FROM THE CHAIRMAN 4
SECTION 1 - KEY INFORMATION 5
SECTION 2 - DETAILS OF THE RIGHTS ISSUE 6
SECTION 3 - ACTIONS REQUIRED BY ELIGIBLE SHAREHOLDERS 11
SECTION 4 - RISK FACTORS 14
SECTION 5 - CORPORATE DIRECTORY 17
SECTION 6 - DEFINITIONS 18