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Erin Resources Ltd closes entitlement issue


Monday, 14 Apr 2014 09:11pm EDT 

Erin Resources Ltd:Says that offer under entitlement issue prospectus lodged March 12, to issue up to 103,083,303 ordinary shares and 25,770,826 listed options (following the rounding up of entitlements) closed on April 10.Confirms shareholders have taken up entitlements totalling 74,216,156 ordinary shares (A$742,161.56) and 18,554,102 listed options (EIROB), leaving a shortfall of only 28,867,147 shares (A$288,671.47) and 7,216,724 listed options to be placed under the underwriting agreement in place.74,216,156 ordinary shares and 18,554,102 listed options applied for will be allotted tomorrow April 16, with holding statements despatched on April 17. 

Company Quote

0.0050
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15 Dec 2014