Rights Issue - Prospectus to Shareholders
Perth, May 26, 2015 AEST (ABN Newswire) - Valence Industries Ltd (
ASX:VXL) (VLQCF:OTCMKTS) ("Valence" or "the Company") confirms that the Prospectus dated 7 May 2015 and the Supplementary Prospectus dated 22 May 2015 (to be read in conjunction with the Prospectus) for a pro-rata renounceable rights issue ('Rights Issue Offer") and other offers, together with the revised Entitlement & Acceptance Form and Shortfall Acceptance Form, was despatched to eligible shareholders today.
As per the announcement made on 21 May 2015, the timetable for the Rights Issue Offer has changed and the Rights Issue Offer now opens on 26 May 2015 and closes at 5:00pm AEST on 25 June 2015 (subject to any further extension).
If you have any queries concerning the Rights Issue Offer, please contact your financial adviser or the Company's share registry, Link Market Services, on +61 1800 009 918 (toll free within Australia) between 8.30am and 5.00pm (AEST) Monday to Friday.
Shareholders are able to subscribe for the rights issue on the Company's website at:
http://www.valenceindustries.com
About Valence Industries Ltd
Valence Industries Limited (ASX:VXL) is an industrial manufacturing company producing high grade flake graphite products for distribution and sale to global markets. Valence Industries owns established processing facilities and infrastructure to manufacture a wide range of graphite product lines for multiple applications and multiple industries. Valence Industries produces and sells its graphite products from its Uley Graphite facilities in regional South Australia for delivery to diversified markets for graphite in the Asia Pacific, Europe and North America. Visit Valence Industries
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