Admiralty Resources NL

Published : May 04th, 2012

ADY news =2D Rights Offer Results

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Keywords :   Australia | Chile | Iron |
ADY Rights Offer raises approximately $4.85M. 
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ADY Rights Offer Results

Admiralty will raise approximately $4.85M to advance the Mariposa and Soberana iron ore projects towards production and continue the exploration programmes at Harper South and Pampa Tololo in Chile.


Admiralty Resources NL's 1-for-5 pro-rata non-renounceable Rights Offer closed at 5:00 pm AEST on Tuesday, 1 May 2012 and the Board of Directors are pleased the Rights Offer has been well supported by shareholders, resulting in the issue of 59,415,507 shares at an issue price of $0.045 per share.

As a result of the Rights Offer, Admiralty will raise approximately $4.85M. The final amount of funds raised will be advised on completion of the allotment under the Underwriting Agreement.

The table below provides an overview of the shares on issue and the directors' holdings pre- and post- Rights Offer. More information on the results of the Rights Offer and the change of the directors' holdings can be found at http://www.ady.com.au/investor.php


  Pre-Rights Offer Post-Rights Offer
Issued capital 606,518,966 665,934,473
Directors� holdings    
  Dr Shaoqing Li, Non-executive Director 73,753,031 88,503,368
  Mr Stephen Prior, Managing Director 3,700,000 4,600,000
  Mr Michael Perry, Non-executive Director 1,500,000 2,000,000
  Professor Ross Harper, Chairman 1,534,546 1,841,456

Copyright � 2012 Admiralty Resources NL, All rights reserved.
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Admiralty Resources NL
Level 16, 379 Collins Street
Melbourne, VIC 3000
Australia

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Data and Statistics for these countries : Australia | Chile | All
Gold and Silver Prices for these countries : Australia | Chile | All

Admiralty Resources NL

PRODUCER
CODE : ADY.AX
ISIN : AU000000ADY7
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Admiralty Res. is a exploration company based in Australia.

Admiralty Res. produces iron in Chile, and holds various exploration projects in Australia.

Its main asset in production is SCM VALLENAR IRON in Chile and its main exploration properties are BULMAN and PYKE HILL in Australia.

Admiralty Res. is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 8.1 millions as of today (US$ 5.8 millions, € 5.1 millions).

Its stock quote reached its highest recent level on July 27, 2007 at AU$ 3.04, and its lowest recent point on April 03, 2020 at AU$ 0.00.

Admiralty Res. has 1 153 250 048 shares outstanding.

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Annual reports of Admiralty Resources NL
2008 Annual Report
2007 Annual report
Nominations of Admiralty Resources NL
6/18/2008Phillip Thomas reappointment ADY's MD
Financials of Admiralty Resources NL
3/21/20132013 Interim Financial Report
Corporate news of Admiralty Resources NL
11/1/2012ADY=3A Highlights of the Quarterly report for period ending ...
8/1/2012ADY=3A Highlights of the Quarterly report for period ending ...
6/29/2012ADY news
5/4/2012ADY news =2D Rights Offer Results
5/2/2012ADY =2D Quarterly Reports
6/10/2008JOINS ASX S&P 300 INDEX
6/6/2008ADY's ASX Rincon Update WITH ATTACHMENT
6/6/2008Rincon Update
3/6/2008 Demerger Update
2/20/2008Iron Ore Price Increase
12/10/2007ENVIRONMENTAL IMPACT STATEMENT APPROVED
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AUSTRALIA (ADY.AX)FRANKFURT (AHS.F)
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