AUSTRALIA
EVG.AX
0,02 AU$
0,00%
TO RAISE A$16 MILLION TO DEVELOP LAS LAGUNAS GOLD PROJECT
Publié le 11 octobre 2007
| ENVIROGOLD LIMITED: MEDIA RELEASE |
MEDIA RELEASE
11 October 2007
ENVIROGOLD TO RAISE A$16 MILLION TO DEVELOP LAS LAGUNAS GOLD PROJECT
Emerging Australian resources development company EnviroGold Limited (ASX: EVG) (“the Company”, “EnviroGold”) advises that the
Company plans to raise A$16 million to develop its 70% owned Las Lagunas Gold Tailings Project in the Dominican Republic.
The raising will be a through a share placement of 100 million shares at 16 cents and has been approved by shareholders. A
Prospectus in respect of the Offer has been lodged with ASIC.
Indian Ocean Capital has been appointed lead manager to the Offer.
The shares will have one free attaching option for every two shares issued.
The options will be listed
and are exercisable at 25 cents each on or before 31 December 2009.
The Offer is scheduled to close on November and it is anticipated the new share will commence trading on the ASX on November 20.
To download the full media release click
here. To download EnviroGold Limited prospectus click here.
ABN: 48 008 031 034
Suite 4, Level
2
7 Havelock Street
West Perth WA 6005
PO Box 1154
West Perth WA 6872
Tel: 61 8 9485 0140
Fax: 61 8 9486 4944
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