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ASX : LTR
ABN 39 118 153 825
ASX ANNOUNCEMENT 2 July 2015
Placement of Rights Issue Shortfall
Liontown Resources Limited (LTR or the Company) is pleased to advise that it has agreed to place the remaining shortfall under the 1 for 4 non-renounceable Rights Issue announced on 28 May 2015.
This is a successful conclusion to the capital raising with a total of $806,341 before issue costs received through the rights issue.
Subject to receipt of funds, the Company will issue 37,249,848 shares under the shortfall, at $0.007 per share to raise $260,748.94.
Allotment of shares is expected to occur on or about 6 July 2015, and the effect on the Company's capital
structure is as follows:
Number
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Shares on issue
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575,961,983
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Listed Options
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32,645,703
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Unlisted Options
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5,850,000
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Tim Goyder
Chairman
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Liontown Resources Ltd.
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EXPLORATION STAGE |
CODE : LTR.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Liontown Resources is a exploration company based in Australia. Its main exploration properties are MT WINDSOR VOLCANICS, SHEEP MOUNTAIN PROJECT and FORT CONSTANTINE SOUTH PROJECT in Australia. Liontown Resources is listed in Australia. Its market capitalisation is AU$ 1.2 billions as of today (US$ 807.7 millions, € 752.7 millions). Its stock quote reached its lowest recent point on October 16, 2015 at AU$ 0.00, and its highest recent level on June 16, 2023 at AU$ 3.20. Liontown Resources has 990 340 032 shares outstanding. |