Pro-Rata Renounceable Rights Isssue - Under Subscriptions
Perth, Mar 13, 2012 AEST (ABN Newswire) - The Directors of the Resource Mining Corporation Limited (
ASX:RMI) are pleased to advise that the Renounceable Rights Issue closed on 7 March 2012 with Eligible Shareholders taking up 28% of the Rights Issue.
The Company wishes to advise that Eligible Shareholders subscribed for 248,834,351 New Shares at an issue price of $0.0028 (0.28 cents) each raising $696,736 leaving an underwritten balance of 655,950,736 New Shares and 163,987,684 attaching New Options ($1,836,662) to be placed by Sinom (Hong Kong) Limited as Underwriter.
It is anticipated that the allotment and issue of New Shares and attaching New Options and the dispatch of holding statements will take place on Thursday 15 March 2012.
The Directors wish to thank the Eligible Shareholders who participated in the Rights Issue.
Contact
Warwick Davies
Managing Director
T: +61-8-9213-9400
http://www.resmin.com.au
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