Rights Issue Sub-Underwriting Confirmed
Released
Released
Announcement PDF
www.kingstonresources.com.au
ACN 009 148 529
5 August 2015
Company Announcements Office
Australian Securities Exchange
Rights Issue Sub-Underwriting Confirmed
Kingston Resources (ASX: KSN) is pleased to advise that Alignment Capital Pty Ltd, the
Lead Manager for the Right Issue, has secured firm commitments from investors to subunderwrite the full value of the Company’s Rights Issue.
Kingston is seeking to raise approximately $2.45 million through a non-renounceable pro-rata
rights issue offer of four (4) shares for five (5) at an issue price of 2.0 cents per share, with
one (1) free attaching option, exercisable at 4.0 cents per share on or before 30 June 2019,
for every two shares issued.
Kingston has extended the Record Date for its Rights Issue to Thursday 13 August 2015 at
the request of the underwriter, to allow shareholders and the market an opportunity to
participate in the entitlement offer given the increased funding certainty.
The Company intends to release a Replacement Prospectus for the Rights Issue on
Thursday 6 August 2015 in accordance with the new timetable.
www.kingstonresources.com.au
25 - 27 Jewell Parade, North Fremantle, Western Australia 6159
+61 8 9336 6619 info@kingstonresources.com.au
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