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Microsoft Word - 150819 Rights Issue Shortfall.docx
Rights Issue Shortfall
19 August 2015
RUBICON RESOURCES LIMITED
(ABN 38 115 857 988)
ASX: RBR
Directors
Ian Macpherson - Executive Chairman Richard Carcenac - Executive Director Ian Buchhorn - Non-Executive Director
Senior Management
Andrew Ford - Chief Operating Officer
Sam Middlemas - Company Secretary
Capital Structure Issued Shares: 254.4M Issued Options: 11M Performance Shares: 60M
Market Cap at 18 August 2015: $4.3M
For further information, please contact:
Ian Macpherson
Executive Chairman
Richard Carcenac
CEO & Executive Director
Tel: +61 8 9214 7500
Fax: +61 8 9214 7575
Email: [email protected]
Rubicon Resources Limited ("Rubicon") advises that the non- renounceable rights issue undertaken pursuant to the Prospectus dated 16 July 2015 closed on 14 August 2015 raising $474,314 as below:
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Number of
Shares
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$
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Entitlements available under the Offer
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63,603,208
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763,238
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Acceptances received
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31,742,113
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380,905
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Additional shares applied and paid
for under the Shortfall offer
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7,784,049
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93,409
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Totals applied and paid for by
current shareholders
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39,526,162
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474,314
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Unplaced Shortfall
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24,077,046
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288,925
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Rubicon's Chairman Ian Macpherson said: "Considering the current difficult investment climate we are pleased with the level of acceptances received representing over 62% of our current shareholders choosing to participate in the offer and we thank them for their continued support.
The Board is further encouraged by the strong interest received from parties to take up the remaining shortfall shares. We will now consider shortfall applications and the Company's various options to place the remaining shortfall."
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Rubicon Resources Limited
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CODE : RBR.AX |
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ISIN : AU000000RBR9 |
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ProfileMarket
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Rubicon Res. is a gold and copper exploration company based in Australia. Rubicon Res. holds various exploration projects in Australia. Its main exploration property is YINDARLGOODA in Australia. Rubicon Res. is listed in Australia. Its market capitalisation is AU$ 889 820 as of today (US$ 578 222, € 540 117). Its stock quote reached its highest recent level on October 28, 2010 at AU$ 0.06, and its lowest recent point on April 24, 2024 at AU$ 0.00. Rubicon Res. has 444 910 016 shares outstanding. |