re: Ann: Letter to Shareholders: Acq. of Indo... from announcement dated 30/8/2009....
7. CAPITAL RAISING
Subject to the Agreement, Reco will make a general offer to the public under a prospectus to issue
a minimum of 50,000,000 fully paid ordinary shares at an issue price of $0.20 each to raise a
minimum of $10,000,000. Oversubscriptions of up to 25,000,000 shares to raise $5,000,000 may
be accepted (Capital Raising).
Reco is in advanced discussions with a number of brokers to secure the funds for the Capital
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- Ann: Letter to Shareholders: Acq. of Indonesian C
Ann: Letter to Shareholders: Acq. of Indonesian C, page-9
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