Share Purchase Plan Offer and Options Offer Extension
Sydney, Mar 6, 2012 AEST (ABN Newswire) - Gold Anomaly Limited (ASX:GOA) -Dear Shareholders, On 27 January I wrote to you advising details of the Company's Share Purchase Plan ("SPP") offer and separate offer of options to eligible Shareholders. On 16 February I wrote to you again advising of the extension of the SPP offer and options offer closing date to 5 March. The Company's directors have elected to again extend the closing date under the SPP offer and options offer from Monday 5 March 2012 to Monday 19 March 2012.
Consequently the revised timetable for the offers is as follows:
---------------------------------------------------------------------Event Date---------------------------------------------------------------------Announce Share Purchase Plan("SPP") to ASX 19 January 2012 (Thursday)---------------------------------------------------------------------Record Date(to identify eligible shareholdersentitled to participate in theoffer under the SPP) 18 January 2012 (Wednesday)---------------------------------------------------------------------SPP Offer & Options Offer Opening Date 27 January 2012 (Friday)---------------------------------------------------------------------Despatch of SPP Offer to eligibleShareholders, together with Prospectuscontaining offer of Options 27 January 2012 (Friday)---------------------------------------------------------------------Despatch Notice of Shareholder Meetingto Shareholders 27 January 2012 (Friday)---------------------------------------------------------------------Shareholder Meeting 27 February 2012 (Monday)---------------------------------------------------------------------SPP & Options Offer Closing Date 19 March 2012 (Monday)*---------------------------------------------------------------------Allot & Issue Shares and Options &Despatch Share & Option HoldingStatements by 22 March 2012 (Thursday)*---------------------------------------------------------------------Apply to ASX for Quotation of Shares &Options by 22 March 2012 (Thursday)*---------------------------------------------------------------------
* Date may change at the discretion of the Company's Board of Directors
If you have not already done so I urge you to give consideration to supporting your Company by taking up shares under the SPP offer. Some Shareholders have expressed uncertainty about participating because the market price of the Company's shares has not been much different to the offer price (2.0 cents) during the offer period. I urge you to consider however that the Company's market share price immediately before the Share Purchase Plan offer was announced was 2.3 cents. As I have previously mentioned it is in the nature of Share Purchase Plans, particularly for small companies, that following their announcement some shareholders may sell shares in the company to try to extract some profit, being the difference between the market price and the Share Purchase Plan offer price. All other things being equal this tends to create downward pressure on the company's share price during the period of the Share Purchase Plan offer. The offer price of 2.0 cents represents a 16.6% discount to the market price immediately before the offer was announced, and you will not have to pay brokerage or other charges if you take up shares under the offer.
Please find enclosed a copy of the Company's recent ASX release dated 27 February 2012 which contains details of the high grade gold zone recently identified at the Company's exciting Crater Mountain, PNG Project through the use of 3D modelling.
If you would like to participate in the SPP offer and options offer but have lost or discarded the application form previously sent to you you may obtain a replacement form by contacting the Company's share registry manager Link Market Services on the details below.
Contact
Gold Anomaly Limited
T: +61-2-9241-4224
F: +61-2-9252-2335
http://www.goldanomaly.com.au
Link Market Services
T: 1300-554-474 (Australia)
E: projects.fulfilment@linkmarketservices.com.au
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