Golden Energy - REPL::Placements::Proposed Placement of Up to 226.5M New Ordinary Shares and Lodgment of Offer Information Statement
Announcement Type: Placements
Company: GOLDEN ENERGY AND RESOURCESLTD
Stock Code/Name: AUE - Golden Energy
Company: GOLDEN ENERGY AND RESOURCESLTD
Stock Code/Name: AUE - Golden Energy
| REPL::Placements::Proposed Placement of Up to 226.5M New Ordinary Shares and Lodgment of Offer Information Statement |
| Issuer & Securities |
| Issuer/ Manager | GOLDEN ENERGY AND RESOURCES LIMITED |
| Securities | GOLDEN ENERGY AND RESOURCESLTD - SG1AI1000008 - AUE |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Placements |
| Date & Time of Broadcast | 22-May-2015 21:53:25 |
| Status | Replacement |
| Announcement Sub Title | Proposed Placement of Up to 226.5M New Ordinary Shares and Lodgment of Offer Information Statement |
| Announcement Reference | SG150515OTHRZS8T |
| Submitted By (Co./ Ind. Name) | Pauline Lee |
| Designation | Joint Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | The information and attachment contained herein were previously announced on 14 May 2015 under "General Announcement". Please refer to the announcement thereon, reference no. SG150514OTHR5VSF. The Board would like to inform Shareholders the following:- (1) "Offer Price" - The Company intends to issue the Placement Shares at an issue price of S$0.95 per Placement Share. Notwithstanding, the Placement Price will be determined following the completion of the Placement Agent's book building process and to be mutually agreed between the Company and the Placement Agent taking into consideration, inter alia, the prevailing market conditions, provided that such Placement Price shall not be less than S$0.50 per Placement Share; and (2) "New Shares Issued" - the Company will issue up to 226,500,000 Placement Shares. The Company shall announce the "Offer Price", the number of "New Shares Issued" and the "Capital Amount - New" after these have been determined. Please refer to the subsequent announcement dated 22 May 2015 in reference to the Proposed Placement. |
| Additional Details |
| Capital Amount-Old | USD 1,546,171,000 |
| Capital Amount-New | USD 1,708,690,000 |
| No. of Existing Outstanding Shares | 2,170,120,082 |
| New Shares Issued | 226,500,000 |
| Offer Price | SGD 0.95 |
| Attachments |
| Related Announcements | 15/05/2015 17:12:17 |
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