| Disclosure Listing Rule 3.10.5A | |
| | |
|
3e426bb5d5c4a67ed130b8.pdf
19 October 2015
AVALON MINERALS LIMITED
Disclosure under ASX Listing Rule 3.10.5A
Further to the announcement dated 16 October 2015, relating to the Avalon Minerals Ltd ('Company') placement of 14,851,852 fully paid ordinary shares.
Details of issue of 10 % Placement Facility under ASX LR 7.1A
The Company provides the following information as required under ASX LR 3.10.5A in respect of the shares issued under the Placement:
-
The dilutive effect of the Placement on existing shareholders is as follows:
Number of shares on issue prior to the Placement:
|
240,319,4788
|
Total dilution as a result of the Placement
|
6.18%
|
Number of shares on issue following the Placement
|
255,171,330
|
-
The 14,851,852 shares under LR 7.1A were issued to four sophisticated and professional investors, in conjunction with a 1 for 2 non-renounceable Rights Issue, as it was considered to be t h e m o s t efficient mechanism for raising the funds at the time.
-
There were no underwriting arrangements entered into.
-
No fees are payable on the amount raised from the placement.
Avalon also confirms that the source of the data for determining the placement issue price, which was at least 75% of the 15 Day VWAP as calculated under LR 7.1A.3, was Morgans Stockbroking and trading price-volume data available on market for Avalon shares.
Gavin Leicht Company Secretary
Avalon Minerals Limited
|
|
|
Avalon Minerals Limited
|
|
EXPLORATEUR |
CODE : AVI.AX |
|
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Avalon est une société de production minière basée en Australie. Son principal projet en exploration est VISCARIA en Suede. Avalon est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 11,7 millions AU$ (9,2 millions US$, 7,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 08 avril 2011 à 2,96 AU$, et son plus bas niveau récent le 08 avril 2016 à 0,01 AU$. Avalon possède 650 849 984 actions en circulation. |