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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Cape Lambert Resources Limited    CFE   AU000000CFE0

CAPE LAMBERT RESOURCES LIMITED

(CFE)
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End-of-day quote. End-of-day quote Australian Stock Exchange - 10/16
0.009 AUD   -18.18%
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Cape Lambert Resources : Issue of Shares

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08/25/2020 | 07:51pm EDT

ASX

Release

26 August 2020

Issue of Shares

Cape Lambert Resources Limited (ASX: CFE) (Cape Lambert or the Company) refers to its announcement on 4 August 2020 that it intended to, subject to shareholder approval, undertake a placement to raise $1 million (before expenses) at $0.017 per fully paid ordinary share. Due to delays in finalizing a notice of meeting, the Company has, as an interim measure, today raised $125,500 (before costs) by issuing 69,722,223 fully paid ordinary shares (Shares) at an issue price of $0.0018 per Share. The Shares were issued without shareholder approval using the Company's capacity under Listing Rule 7.1A.

Funds raised from the issue will be used for general working capital.

A completed Appendix 2A for today's issue has been lodged together with this announcement.

Notice Under Section 708A(5)(e) of the Corporations Act 2001

In respect of the Shares, Cape Lambert gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Act) of the following:

  1. The Shares were issued without disclosure under Part 6D.2 of the Act;
  2. As at the date of this notice, the Company has complied with:
    1. the provisions of Chapter 2M of the Act as they apply to the Company; and
    2. section 674 of the Act; and
  3. As at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.

Announcement authorised for release by the board of Cape Lambert.

ENDS

For further information please contact:

Investor Relations

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+61 (0) 8 9380 9555

@Cape_Lambert

ir@capelam.com.au

cape-lambert-resources-limited

Cape Lambert Resources Limited ABN 71 095 047 920

32 Harrogate Street, West Leederville WA 6007

Phone: +61 8 9380 9555 Email: admin@capelam.com.au

www.capelam.com.au

ASX: CFE

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Cape Lambert Resources Ltd. published this content on 25 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2020 23:51:16 UTC


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Financials
Sales 2020 0,32 M 0,23 M 0,23 M
Net income 2020 -1,53 M -1,10 M -1,10 M
Net Debt 2020 2,24 M 1,60 M 1,60 M
P/E ratio 2020 -1,54x
Yield 2020 -
Capitalization 34,2 M 24,3 M 24,4 M
EV / Sales 2019 38,9x
EV / Sales 2020 17,6x
Nbr of Employees 54
Free-Float 92,5%
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Income Statement Evolution
Managers
NameTitle
Antony William Paul Sage Executive Chairman
Melissa Kate Chapman Chief Financial Officer & Secretary
Timothy Paul Turner Independent Non-Executive Director
Eloise von Puttkammer Head-Investor Relations
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