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Breaker Resources NL announces results of renounceable entitlement issue


Monday, 23 Dec 2013 09:43pm EST 

Breaker Resources NL:Says the renounceable entitlement issue announced Nov. 22 (rights issue) closed on Dec. 20.Says the rights issue is fully underwritten by Patersons Securities Limited (Patersons) and will raise about A$1.58 mln before cost.Says under the terms of the rights issue, each two fully paid ordinary shares subscribed for is accompanied by one partly paid share and one free attaching option.Says it received valid applications from shareholders under the rights issue for 9,021,078 fully paid ordinary shares, representing a take-up of about 65 pct of the total amount offered to shareholders.Says it is anticipated that the new securities will commence trading on the ASX on Dec. 30. 

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28 Nov 2014