CAPITAL MINING LIMITED
ABN 69 104 551 171
13 August 2015
Dear Shareholder
Non-Renounceable Entitlement Offer
Capital Mining Limited (Company) is seeking to raise up to $1.48 million by way of non- renounceable pro rata entitlement offer (Entitlement Offer).
Under the Entitlement Offer, the Company will offer shares to eligible shareholders at an issue price of $0.001 (0.1 cent) each on the basis of 1 new share for every 1 share held at
18 August 2015 (Entitlement Offer Record Date). Applications for shares under the
Entitlement Offer may only be made by completing the appropriate Application Form accompanying the Prospectus. Acceptances of entitlements under the Entitlement Offer will close on 31 August 2015.
The Entitlement Offer is being made to all shareholders of the Company as at 5.00pm (WST) on the Entitlement Offer Record Date whose registered address is in Australia or New Zealand.
Entitlements to securities pursuant to the Entitlement Offer are non-renounceable and, accordingly, rights cannot be traded on the ASX.
Full details of the Offer are contained in the Prospectus which was lodged with the ASIC and the ASX on 12 August 2015. The Prospectus is available on ASX's website and the Company's website at www.capitalmining.com.au. Eligible Shareholders will be mailed a Prospectus together with an Entitlement and Acceptance Form no later than 20 August
2015. Your entitlement will be set out on the personalised Entitlement and Acceptance Form accompanying the Prospectus.
Indicative Timetable
The indicative timetable for the Offers is as follows:
|
Event
|
Date
|
|
Lodge prospectus with ASIC, ASX and Appendix 3B with ASX
|
12 August 2015
|
|
Notice sent to Option Holders
|
12 August 2015
|
|
Notice sent to Share Holders
|
13 August 2015
|
|
"Ex" date
|
14 August 2015
|
Registered Office
Level 11, London House, 216 St Georges Terrace, Perth WA 6000
GPO Box 2517, Perth WA 6831
Telephone 08 9481 0389 Fax 08 9463 6103 www.capitalmining.com.au
CAPITAL MINING LIMITED
ABN 69 104 551 171
|
Record date to determine Entitlement
|
18 August 2015
|
|
Prospectus with Application Form dispatched
|
20 August 2015
|
|
Last day to extend the Offer closing date
|
26 August 2015
|
|
Closing date for acceptances
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31 August 2015
|
|
Shares quoted on a deferred settlement basis
|
1 September 2015
|
|
Notify ASX of under subscriptions
|
3 September 2015
|
|
Issue of New Shares
|
7 September 2015
|
|
Dispatch of shareholding statements
|
8 September 2015
|
|
Trading of New Shares expected to commence
|
8 September 2015
|
Please note that the timetable is subject to change. The Company reserves the right to vary the timetable for the Offer without notice, subject to the Corporations Act, ASX Listing Rules and other applicable laws. The commencement of quotation of new securities is subject to confirmation from the ASX.
Generally, shares purchased on market on or after the "Ex Date" for the Entitlement Offer (i.e. 14 August 2015) are NOT entitled to participate in the Entitlement Offer. If you have any doubt, please consult your stock broker or other professional adviser.
Shareholders should read the Prospectus carefully. If you have any questions about the Offer that are not answered in the Prospectus, you should consult your accountant, stockbroker, lawyer or other professional adviser before deciding to invest.
Yours faithfully
Elizabeth Hunt
Company Secretary
Capital Mining Limited
Registered Office
Level 11, London House, 216 St Georges Terrace, Perth WA 6000
GPO Box 2517, Perth WA 6831
Telephone 08 9481 0389 Fax 08 9463 6103 www.capitalmining.com.au