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Global Letter
Global
Geoscience
ASX RELEASE ASX Code: GSC
7 November 2014
RIGHTS ISSUE UPDATE
Global Geoscience Limited (ASX: GSC) has received applications for 34,241,294 shares and
17,120,667 options in the rights issue which closed on 3 November 2014 raising $342,412.94. The rights issue was under-subscribed by 73,859,940 shares and 36,929,950 options.
As disclosed in the Prospectus dated 29 September 2014 and approved by the Shareholders at the Company's Annual General Meeting held on 3 November 2014, the Directors intend to apply for a total of 20,000,000 Shares and 10,000,000 Options from the shortfall to raise a further
$200,000. This will bring the total amount raised to $542,412.
The Company will allot new shares and options and despatch holding statements to shareholders on 10 November 2014. The new shares and options are expected to commence trading on 11
November 2014.
For further information please contact:
Bernard Rowe Joanna Morbey Managing Director Company Secretary (02) 9922 5800 (02) 9922 5800
04 1944 7280
Global Geoscience Ltd
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Tel:
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+61 (2) 9922-5800
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ABN 76 098 564 606
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Fax:
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+61 (2) 9922-4004
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Suite 203, 161 Walker Street
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e-mail:
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[email protected]
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NORTH SYDNEY NSW 2060
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Web:
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www.globalgeo.com.au
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AUSTRALIA
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Global Geoscience
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EXPLORATION STAGE |
CODE : GSC.AX |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Global Geoscience is a exploration company based in Australia. Global Geoscience holds various exploration projects in Peru. Its main exploration properties are SARA SARA and MANCHA PAMPA in Peru. Global Geoscience is listed in Australia. Its market capitalisation is AU$ 256.4 millions as of today (US$ 185.3 millions, € 161.9 millions). Its stock quote reached its lowest recent point on September 04, 2015 at AU$ 0.00, and its highest recent level on March 23, 2018 at AU$ 0.53. Global Geoscience has 1 068 449 920 shares outstanding. |