We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Red Emperor Resources Nl | LSE:RMP | London | Ordinary Share | AU000000RMP0 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.76 | 0.74 | 0.78 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRMP
RNS Number : 1303N
Red Emperor Resources NL
15 January 2019
15 January 2019
Red Emperor Resources NL
PUBLICATION OF CLEANSING PROSPECTUS
Red Emperor Resources NL (ASX/AIM: RMP) ("RMP", "Red Emperor" or the "Company"), announces that it has today lodged with the Australian Securities and Investments Commission a prospectus pursuant to section 708A(11) of the Corporations Act 2001 (Cth) (the "Corporations Act"). The purpose of the offer of up to 10,000 new ordinary shares at an issue price of A$0.05, which is set out in the prospectus (the "Offer"), is not to raise additional capital, but rather to facilitate secondary trading of any shares that may be issued by the Company before the closing date of such Offer.
To ensure that new ordinary shares issued by the Company are freely tradeable (i.e. are not subject to secondary trading restrictions under the Corporations Act) the Company is obliged to either issue a cleansing notice under section 708A(5) of the Corporations Act (Cleansing Notice), or issue a prospectus under section 708A(11) of the Corporations Act.
The Company is unable to issue a Cleansing Notice as its shares were suspended from trading on the ASX for more than five (5) trading days over the course of the last 12 months. Accordingly, the primary purpose of the prospectus is to facilitate secondary trading of any shares that may be issued by the Company before the closing date of the abovementioned Offer set out in the prospectus, including the 100,000,000 new ordinary shares being issued pursuant to the placing announced on 8 January 2019.
A copy of the prospectus is available on the Company's website at www.redemperorresources.com.
For further information, please visit www.redemperorresources.com or contact:
Red Emperor Resources NL +61 8 9212 0102 Greg Bandy Strand Hanson Limited (Nominated Adviser) +44 (0)20 7409 3494 James Harris Brandon Hill Capital (UK Broker) +44 (0)20 34635010 708 Capital Pty Ltd (Australian Broker) +61 (0) 2 9112 2500 This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
PDIGCGDBCGBBGCU
(END) Dow Jones Newswires
January 15, 2019 04:25 ET (09:25 GMT)
1 Year Red Emperor Resources Nl Chart |
1 Month Red Emperor Resources Nl Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions