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Microsoft Word - 20141121 SPP Extn Anncmnt final.doc
Australian Securities Exchange
Market Announcement Platform
20 Bridge Street
SYDNEY NSW 2000
Dear Sir
21 November 2014
SHARE PURCHASE PLAN WITH FREE ATTACHING OPTIONS EXTENDED UNTIL 25 NOVEMBER 2014
In response to various requests from Eligible Shareholders, the directors of Southern Gold Limited (ASX: SAU, "Southern Gold" or the "Company") wish to advise that the closing date for acceptance of applications under the Share Purchase Plan ("SPP") with free Attaching Options (together the "Offer") announced on 28 October 2014 has been extended from 8pm (AEDT) Friday, 21 November 2014 to 8pm (AEDT) Tuesday, 25 November 2014.
The extension will provide Eligible Shareholders with ample opportunity to consider the announcement made on
11 November 2014 regarding the Executed Finance and Development Agreement with Metals X and to further contemplate the Offer in the context of this significant announcement.
No action is required to be taken by shareholders who have already made application for shares under the Offer. However, if you are an Eligible Shareholder and have not received the Offer documents or you have already applied but wish to increase your participation, you can do so by promptly telephoning Southern Gold's share registry on +61 8 9315 2333.
The terms of the Offer, including the SPP price of A$0.009 (0.9c) per share, maximum application value of A$15,000 per shareholder and the one free Attaching Option for every two New Shares applied for exercisable at A$0.015 (1.5c) per share with an expiry date of 30 November 2014, remain as set out in the Offer documents mailed to shareholders on 31 October 2014.
The revised key dates for the Offer are as follows:
Closing Date Tuesday, 25 November 2014
Issue of Shares Tuesday, 2 December 2014
Quotation of New Shares (and Attaching Options if eligible) Wednesday, 3 December 2014
Holding statements expected to be dispatched to shareholders Wednesday, 3 December 2014
Shareholders may contact Southern Gold's share registry on +61 8 9315 2333 for any queries in relation to the
SPP.
Daniel Hill
Company Secretary
Southern Gold Limited
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Ground Floor, Unit 1
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PO Box 255
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email [email protected]
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telephone 08 8368 8888
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ABN 30 107 424 519
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229 Greenhill Road
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Kent Town
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web southerngold.com.au
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facsimile 08 8431 5619
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Dulwich SA 5065
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SA 5071
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Southern Gold Ltd
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PRODUCER |
CODE : SAU.AX |
ISIN : AU000000SAU3 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Southern Gold is a gold producing company based in Australia. Southern Gold holds various exploration projects in Australia and in Cambodia. Its main asset in production is CHALLENGER AREA in Australia and its main exploration properties are GOLF BORE, GRENFELL GOLDFIELD and BULONG SOUTH in Australia and CAMBODIA PROJECT in Cambodia. Southern Gold is listed in Australia. Its market capitalisation is AU$ 695 850 as of today (US$ 502 201, € 476 619). Its stock quote reached its highest recent level on October 23, 2015 at AU$ 5.18, and its lowest recent point on September 15, 2023 at AU$ 0.01. Southern Gold has 46 390 000 shares outstanding. |