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Botswana Metals Ltd Result Of Two For Five Non-Renounceable Rights Issue

Sunday, 14 Jul 2013 08:05pm EDT 

Botswana Metals Ltd announced that it has raised $43,126 before costs from the Rights Issue to Eligible Shareholders that closed on July 11, 2013. The Rights Issue shortfall to the offer is $709,415 being 70,941,485 shares at 1 cent per share plus 1 Attaching Option at nil cost. The Directors can place the Shortfall Shares in accordance with the ASX Listing Rules. Given the low amount of acceptances to the rights issue from shareholders, the Company is now accessing its funding options. 

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2 Jul 2015