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Mozambi Coal Ltd Announces Revised Agreement With Khalid Saleh Al Rashid Co


Wednesday, 16 Jan 2013 08:44pm EST 

Mozambi Coal Ltd announced that as announced on September 4, 2012, the Company signed a subscription agreement with Khalid Saleh Al Rashid Co (KAR) for the issue of 17,000,000 ordinary shares at AUD 0.08 per share to raise AUD1,360,000. The Company has subsequently received AUD 400,000. KAR and the Company have agreed to revise the terms of the original subscription agreement to allow the issue of 5,000,000 ordinary shares at AUD 0.08 to raise AUD 400,000. All other terms of the agreement remain the same. 

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