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CMY ASX Announcement
ASX/Media Release
12 February 2015
Capital Mining Limited
ASX: CMY, CMYO
Level 11, 216 St Georges Terrace
Perth WA 6000
Telephone +61 8 9481 0389
Fax +61 8 9463 6103
www.capitalmining.com.au
Directors
Dr James Ellingford
(Non-Executive Chairman)
Mr Robert McCauley
(Executive Director/CEO)
Mr Peter Torney
(Non-Executive Director)
Company Secretary
Mrs Elizabeth Hunt
+61 8 9481 0389
Corporate Structure
Shares on issue
(at 4 February 2015):
790,655,618
Placement Update
Capital Mining Limited (ASX:CMY) ('Capital' or the 'Company') is pleased to advise that Shares to the value of $2.154 million have been placed. This includes the $1 million Placement announced on 4 February 2015,
The Placement has been completed at $0.004 (0.4 cents per Share) in accordance with
shareholder approval at the Company's AGM held 27 November 2014.
The Placement comprises, $1.2 million cash subscriptions and $954,000 creditor payments. The cash will be used for general working capital, current projects, business development and consultancy fees. The issue of Shares to creditors preserves the Company's cash.
The Placement shares rank equally with the Company's existing Shares and the Company will
apply to ASX for quotation of the Shares shortly.
-ENDS-
For further information please contact:
Mrs Elizabeth Hunt
Company Secretary
+61 8 9481 0389
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Capital Mining
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CODE : CMY.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Capital Mining is a silver and gold exploration company based in Australia. Capital Mining holds various exploration projects in Australia. Its main exploration property is COWARRA in Australia. Capital Mining is listed in Australia. Its market capitalisation is AU$ 4.1 millions as of today (US$ 3.0 millions, € 2.6 millions). Its stock quote reached its highest recent level on October 01, 2010 at AU$ 1.60, and its lowest recent point on December 30, 2016 at AU$ 0.00. Capital Mining has 810 000 000 shares outstanding. |