White Cliff Minerals Ltd (WCN.AX) advises that it has resolved to extend the closing date of the recently announced Rights Issue by five business days following postal delays affecting the delivery of Entitlement Forms to shareholders.
As outlined in the prospectus lodged on Friday, 4 August 2017, the Rights Issue will raise up to $1,879,477 by the issue of up to 939,738,862 Shares at an issue price of $0.002 and is partially underwritten by Gleneagle Securities Nominees Pty Ltd to the amount of $1,000,000.
The new closing date for the Rights Issue is 5.00pm WST on Friday, 1 September 2017. A revised timetable for the Rights Issue is as follows: Event Date
Closing Date of Offers
Friday, 1 September 2017
New Shares issued
Friday, 8 September 2017
Ordinary trading of new Shares commences
Monday, 11 September 2017
The above dates are indicative only and may be subject to change. The Directors may vary these dates subject to any applicable requirements of the Corporations Act or the Listing Rules. The Directors may extend the Closing Date by giving at least three business days' notice to ASX before the Closing Date.
Todd Hibberd Managing Director T: +61-8-9321-2233 E: firstname.lastname@example.org W: www.wcminerals.com.au Luke Forrestal Media + Capital Partners M: +61-411-479-144 E: email@example.com
News Provided by ABN Newswire