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Hillgrove Resources Ltd And Its Wholly-Owned Subsidiaries Decrease Stake In Intermet Resources Ltd


Tuesday, 22 Jan 2013 01:29am EST 

Intermet Resources Ltd announced that Hillgrove Resources Ltd and its wholly-owned subsidiaries (each, an HGO Group Member), have decreased stake in the Company from 42,649,559 ordinary shares (84.5% of the voting power) to 10,822,959 ordinary shares (18.7% of the voting power) due to share sale of 30,487,859 ordinary shares at a consideration of AUD 0.01 per ITT share; share sale of 1,512,141 ordinary shares at AUD 0.01 per ITT share; and placement of 1,512,141 ordinary shares on January 18, 2013. 

Company Quote

0.455
0.0050 +1.11%
24 Dec 2014