Further to the part conversion of the Company's Convertible Note, pursuant to which $49,000 was converted into 24,500,000 Shares, at a deemed issue price of $0.002 per share ("Shares") as announced earlier today, the Company provides the following notice.
The Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, a sale of the Shares noted above will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
(a) the Company issued the Shares without disclosure to investors under Part 6D.2 of the Act;
(b) as at 12 December 2012, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and
(c) as at 12 December 2012 there is no information:
a. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
b. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
i. the assets and liabilities, financial position and performance, profits and losses
and prospects of the Company; or
ii. the rights and liabilities attaching to the relevant Shares.
Company Secretary
1
Ram Resources Limited ABN 23 108 456 444
3 Richardson Street West Perth, Western Australia 6005 PH +618 6389 5757
Email: info@ramresources.com.au Web : www.ramresources.com.au
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