14 January 2015
Manager Companies
Australian Securities Exchange
Level 45, Rialto South Tower
525 Collins Street
MELBOURNE VIC 3000
Dear Sir
The Company wishes to advise its renounceable pro-rata rights issue on the basis of 1 new share for every 1 share held by shareholders. The issue price will be $0.008 per share.
The rights issue is fully underwritten by Great Central Resources Corp a company of which Joseph Gutnick is a shareholder and director. Details of the underwriting arrangements are in the Rights Issue Prospectus that is being sent to shareholders. The rights issue will raise $527,669 before issue costs.
Funds raised by the rights issue will be used for exploration and working capital.
Prospectus lodgment date | 14 January 2015 |
Dispatch of notices to Eligible Shareholders informing them of the Offer and details of Appendix 3B | 15 January 2015 |
Shares trade "Ex" | 16 January 2015 |
Record Date (date for determining entitlements of Eligible Shareholders to participate in the Offer) (7pm AEDT) | 20 January 2015 |
Offer opens - Prospectus dispatched to Eligible Shareholders (expected date of dispatch of Prospectus and Entitlement and Acceptance Forms) | 23 January 2015 |
Rights trading ends | 23 January 2015 |
Last day to extend Offer closing date | 30 January 2015 |
Closing Date (5pm AEDT) | 4 February 2015 |
Shares quoted on a deferred settlement basis | 5 February 2015 |
TND notifies ASX of under subscriptions | 9 February 2015 |
Level 8, 580 St Kilda Road, Melbourne VIC 3004
PO Box 6315, St Kilda Road Central, Melbourne VIC 8008
T: +61 3 8532 2800 F: +61 3 8532 2805W: www.topendminerals.com E: tnd@axisc.com.au
Issue of New Shares | 11 February 2015 |
Dispatch of Holding Statements & Deferred Settlement ends. Last day for advising ASX of all information required by Appendix 3B | 11 February 2015 |
Trading of New Shares to commence on ASX | 12 February 2015 |
Yours faithfully
JOSEPH GUTNICK
Chairman and Managing Director
Level 8, 580 St Kilda Road, Melbourne VIC 3004
PO Box 6315, St Kilda Road Central, Melbourne VIC 8008
T: +61 3 8532 2800 F: +61 3 8532 2805W: www.topendminerals.com E: tnd@axisc.com.au
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