Ann: Non-Renounceable Rights Issue - Results of Issue, page-2

NON-RENOUNCEABLE RIGHTS ISSUE  RESULTS OF ISSUE  
Botswana Metals Limited (ASX: BML) (“the Company”)
refers to the pro-rata non-renounceable rights issue on a 7-for-9 basis of up to 505,572,770 new fully paid ordinary shares at an issue price of 0.2 cent ($0.002) cash per share payable in full on application.
The Company is pleased to report that a total of $580,948.05 has been raised to date which exceeds the minimum subscription and,
subject to the clearance of cheques, 290,473,741 new shares will be allotted shortly.
Foxfire Capital Pty Ltd will manage the placement of the balance of the shortfall on a best endeavours basis.
The Board wishes to thank all applicants and the underwriters for their support.
An announcement will be made once the securities have been allotted.
Pat Volpe
Chairman


that's gold.