agy renouncable rights issue closure

This is worrying,
IS the old board of DAF still the board of AGY?
Why doesn't this announcement or other AGY announcements appear in DAF ?
Given the old board gave themselves the right to allocate the shortfall shares to whomever they chose, what is to stop them allocating them to themselves?


Argosy Minerals Limited (“AGY” or the “Company”) advises that its Renounceable Rights Issue Offer closed on 10 April 2014, with the results below.
These are subject to any cheque dishonours.
Application for entitlement shares 10,293,746 $20,587.49
Applications for additional shares under shortfall facility
10,253,538 $20,507.08
Total applications 20,547,284 $41,094.57

Shares currently on issue 126,029,105
Maximum shares offered under the rights issue 252,058,210

Entitlement shares applied for under the rights issue 10,293,746

Additional shares applied for under shortfall facility 10,253,538

Shortfall shares after completion of rights issue 231,510,926

The Company will issue and allot all entitlement and shortfall shares applied
for by shareholders on Monday 14 April 2014, and will apply to ASX for quotation of the entitlement and shortfall shares. The number of shares on issue in Argosy Minerals Limited after the issue of entitlement and shortfall shares will be 146,576,389.
The rights issue is not underwritten. In accordance with Argosy’s rights issue document dated 18 March 2014, the Directors reserve the right to place remaining shortfall shares at their discretion (but subject to the
Corporations Act and ASX Listing Rules) with persons interested in subscribing for shares in the Company within 3 months of the close of the offer.
For Further information, please contact:
Argosy Minerals Limited