Well well well looks like they are dipping their fingers into...

Well well well looks like they are dipping their fingers into the pie again. So whats the capital raising for this time
Here is the pasted ASX annoucement


Great Gold Mines N.LABN 44 009 157 439Level 8, 580 St Kilda Road, MelbourneVictoria 3004, AustraliaPO Box 6315, St Kilda Road CentralMelbourne, Victoria 8008, AustraliaTelephone: +61 3 8532 2820Facsimile: +61 3 8532 2805Email: [email protected]
27 July 2005
Manager Announcements Company Announcements Office Australian Stock Exchange Limited 4th Floor, 20 Bridge Street Sydney NSW 2000
Dear Sir
SUMMARY OF ANNOUNCEMENT
Issue of Shares and Options
DETAILS OF ANNOUNCEMENT
The Directors wish to advise that in accordance with shareholder approval received in general meeting on 13 April 2005, specifically resolution 2, they have issued 1,833,334 ordinary shares.
An Appendix 3B is attached.
In accordance with paragraph 5(e) of section 708A of the Corporations Act, the Company gives notice that it has issued 1,833,334 fully paid ordinary shares to investors without disclosure under Part 6D.2 of the Corporations Act. As at the date of this notice, the Company has complied with (i) the provisions of Chapter 2M as they apply to the Company; and (ii) Section 674 of the Corporations Act. The Company states that as at the date of this notice, there is no information that is excluded information within the meaning of sub-sections 708A(7) and (8) of the Corporations Act.
Yours faithfully
P LEE
General Manager Corporate
& Company Secretary
M:\Documents\Great Gold Mines\Corporate\Announcements\2005\Word\GNL Annoucement - Issue of Shares and Options
270705.doc
Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002.
Name of entity
Great Gold Mines N.L.
ABN
44 009 157 439
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
1
+Class of +securities issued or to be issued
Fully paid ordinary shares (GKR)
2
Number of +securities issued or to be issued (if known) or maximum number which may be issued
1,833,334 fully paid ordinary shares
3
Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
Fully paid ordinary shares rank equally with existing ordinary shares on issue
11/3/2002 Appendix 3B Page 1
M:\Documents\Great Gold Mines\Corporate\ASX Forms\3B's\2005\Appendix 3B GKR 270705.doc
Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
4
Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?
If the additional securities do not rank equally, please state:
• the date from which they do
• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
Fully paid ordinary shares rank equally from date of allotment
5
Issue price or consideration
1,833,334 ordinary shares. Consulting fees as set out in notice of general meeting dated 9 March 2005.
6
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
Consulting fees as set out in notice of general meeting dated 9 March 2005.
7
Dates of entering +securities into uncertificated holdings or despatch of certificates
29 July 2005
Number
+Class
8
Number and +class of all +securities quoted on ASX (including the securities in clause 2 if applicable)
232,354,538
13,716,713
134,106,888
13,569,422
Ordinary Shares
Options maturing
22/09/2010
Options maturing 28/02/2013
Options expiring 30/04/2012
Appendix 3B Page 2 11/3/2002
Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
Number
+Class
9
Number and +class of all +securities not quoted on ASX (including the securities in clause 2 if applicable)
280,000
Options expiring 24/03/2010
10
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
N/A
Part 2 - Bonus issue or pro rata issue
11
Is security holder approval required?
N/A
12
Is the issue renounceable or non-renounceable?
N/A
13
Ratio in which the +securities will be offered
N/A
14
+Class of +securities to which the offer relates
N/A
15
+Record date to determine entitlements
N/A
16
Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
N/A
17
Policy for deciding entitlements in relation to fractions
N/A
18
Names of countries in which the entity has +security holders who will not be sent new issue documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
N/A
19
Closing date for receipt of acceptances or renunciations
N/A
11/3/2002 Appendix 3B Page 3
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Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
20
Names of any underwriters
N/A
21
Amount of any underwriting fee or commission
N/A
22
Names of any brokers to the issue
N/A
23
Fee or commission payable to the broker to the issue
N/A
24
Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders
N/A
25
If the issue is contingent on +security holders’ approval, the date of the meeting
N/A
26
Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled
N/A
27
If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders
N/A
28
Date rights trading will begin (if applicable)
N/A
29
Date rights trading will end (if applicable)
N/A
30
How do +security holders sell their entitlements in full through a broker?
N/A
31
How do +security holders sell part of their entitlements through a broker and accept for the balance?
N/A
Appendix 3B Page 4 11/3/2002
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Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
32
How do +security holders dispose of their entitlements (except by sale through a broker)?
N/A
33
+Despatch date
N/A
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34
Type of securities
(tick one)
(a)
􀀻
Securities described in Part 1
(b)
All other securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
(If the additional securities do not form a new class, go to 43)
Tick to indicate you are providing the information or documents
35
If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of additional +securities held by those holders
36
If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37
A copy of any trust deed for the additional +securities
(now go to 43) 11/3/2002 Appendix 3B Page 5
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Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
Entities that have ticked box 34(b)
38
Number of securities for which +quotation is sought
39
Class of +securities for which quotation is sought
40
Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?
If the additional securities do not rank equally, please state:
• the date from which they do
• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
41
Reason for request for quotation now
Example: In the case of restricted securities, end of restriction period
(if issued upon conversion of another security, clearly identify that other security)
Number
+Class
42
Number and +class of all +securities quoted on ASX (including the securities in clause 38)
(now go to 43) Appendix 3B Page 6 11/3/2002
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Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
11/3/2002 Appendix 3B Page 7
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All entities
Fees
43
Payment method (tick one)
Cheque attached
Electronic payment made
Note: Payment may be made electronically if Appendix 3B is given to ASX electronically at the same time.
Periodic payment as agreed with the home branch has been arranged
Note: Arrangements can be made for employee incentive schemes that involve frequent issues of securities.
Quotation agreement
1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
• The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
• There is no reason why those +securities should not be granted +quotation.
• An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
• Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
• We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the +securities to be quoted, it has been provided at the time that we request that the +securities be quoted.
• If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be quoted.
Appendix 3B
New issue announcement
+ See chapter 19 for defined terms.
Appendix 3B Page 8 11/3/2002
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3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before +quotation of the +securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
Sign here: . Date: 27/07/05
(Company Secretary)
Print name: Peter J Lee
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