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Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Wright Reports

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Bulletin Resources Ltd Announces Results Of Non-Renounceable Entitlements Offer

Tuesday, 30 Jul 2013 01:58am EDT 

Bulletin Resources Ltd announced that the results of the non-renounceable pro-rata entitlement offer (the Offer) to raise up to approximately $1.67 million (before costs) which opened on June 11, 2013 and closed on July 25, 2013. The Company has advised that valid applications under the Offer from Eligible Shareholders have been received totalling $516,416.97 (before costs) applying for a total of 17,213,899 New Shares to be issued at $0.03 per New Share. The Board reserves the right to place the resultant shortfall of 38,463,065 New Shares at their sole discretion to any party, other than to related parties, at the same issue price of $0.03 per New Share to raise a further $1,153,891.95 within three months of the closing date of the Offer. Allotment and issue of the 17,213,899 New Shares is expected to occur on August 2, 2013 with dispatch of holding statements to occur on the same day and trading on ASX expected to commence on August 6, 2013. 

Company Quote

0.0020 +7.41%
22 May 2015