well done all holders! great managment can't wait to top up 15k...

well done all holders! great managment can't wait to top up 15k @ 13c this thing is going to explode look Two of Perth’s top stockbroking firms, DJ Carmichael and Patersons, have been appointed Joint Lead Managers to place 33,750,000 shares at the issue price of 13 cents each to raise $4,387,500. This placement is aimed at attracting new investment from institutional and sophisticated investors, strengthening the Company’s shareholder base.

The Company is also proposing to make a further placement to its cornerstone investor, Royal Group, of Abu Dhabi. Royal Group wishes to maintain their 14% to 15% strategic investment in Golden Rim. The Directors are pleased with the continued support of Royal Group and welcome the confidence Royal Group is placing in Golden Rim. It is anticipated that a general meeting of shareholders will be called shortly for approval of this placement. This placement will also be made at 13 cents for each share.