Dispatch of Entitlement Issue Prospectus
Perth, Dec 18, 2013 AEST (ABN Newswire) - Peak Resources Limited (
ASX:PEK) (PKRLY:OTCMKTS) is pleased to advise that the Company dispatched today the Entitlements Issue Prospectus dated the 5 December 2013 together with personalised Entitlement and Acceptance Forms to all eligible shareholders.
The Company is offering one (1) fully paid ordinary share in the capital of the Company (Share) for every five (5) Shares held by eligible shareholders at an issue price of $0.06 per Share to raise up to approximately $3,306,683, together with one (1) free attaching option for every one (1) Share subscribed for and issued (New Option), exercisable at $0.10 per New Option on or before 30 June 2015.
About Peak Resources Limited
Peak Resources Limited (ASX:PEK) is focused on delivering our high-grade Ngualla rare earth project via a sequenced development approach to enable low carbon technologies to power the green transformation.
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