Entitlement Offer - Despatch of Prospectus
Perth, Jan 4, 2016 AEST (ABN Newswire) - On 17 December 2015, Triton Minerals Limited (
ASX:TON) (Triton or Company) announced that the Company will be offering eligible shareholders the opportunity to acquire fully paid ordinary shares in the Company (Shares) through a pro rata non-renounceable entitlement issue of one (1) Share for every three (3) Shares held by eligible shareholders on the record date, at an issue price of $0.09 per Share to raise up to $11,296,483 (before costs), with each eligible shareholder offered one (1) free attaching option for every two (2) Shares subscribed for under the offer (Options) (Entitlement Offer). The Options are exercisable at $0.15 each and expire on 16 March 2017 and are expected to be listed subject to compliance with ASX Listing Rules.
The Company advises that it has now sent the prospectus and entitlement and acceptance forms which relate to this Entitlement Offer to all eligible shareholders.
If shareholders have any queries regarding the Entitlement Offer please contact the Company Secretary by telephone on +61 8 6489 2555 or your stockbroker or professional adviser.
About Triton Minerals Ltd
Triton Minerals Limited (ASX:TON) is an ASX listed, responsible mineral explorer and resource management company headquartered in Perth, Australia.
Led by a highly experienced management team, Triton Minerals' vision is to grow shareholder's value through discovery or development of base metal, gold and other precious metal deposits.
Triton has made excellent progress with its three Graphite projects located in the Cabo Delgado Province in Mozambique, with the program successfully identifying a number of graphitic exposures.
It is the Company's belief that the Mozambique, Balama North Project could host multiple and very substantial world class graphite deposits.
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