BRL 0.00% 1.6¢ bathurst resources limited

Ann: RIGHT: BRL: Rights Issue

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    					BRL
    29/05/2014 16:45
    RIGHT
    
    REL: 1645 HRS Bathurst Resources Limited
    
    RIGHT: BRL: Rights Issue
    
    Rights Issue - Bathurst Resources Limited (BRL)
    
     Bathurst Resources Limited advises that it intends to make a rights issue
    offer to all eligible shareholders, giving them the opportunity to
    participate in a 1 for 23 pro rata non-renounceable entitlement offer of
    ordinary shares at an offer price of NZ$0.065 per share, or a corresponding
    amount of A$0.06 per share.
    
    BRL intends to use the proceeds from this offer, along with the raising from
    the recent placement, primarily to fund the development of the Escarpment
    Project, and to assess other sites on the West Coast of New Zealand for their
    potential for the production of coking coal.
    
    Key dates
    
    Activity Date
    Announcement of the Offer  30 May 2014
    Ex Date on ASX 5 June 2014
    Ex Date on NZX 6 June 2014
    Record Date 10 June 2014
    Opening Date 13 June 2014
    Offer Booklet and Entitlement and Acceptance Forms mailed 13 June 2014
    Closing Date (for acceptances) 3 July 2014
    Offer Shares expected to commence trading on ASX (on deferred settlement
    basis) 4 July 2014
    Settlement and Allotment Date  9 July 2014
    Offer Shares expected to commence trading on NZX Main Board  10 July 2014
    Offer Shares expected to commence trading on ASX (on normal settlement basis)
    10July 2014
    Mailing of allotment notices for Offer Shares 16 July 2014
    
    The Offer Document will be lodged with ASX and NZX on 30 May 2014 and will be
    available on both the ASX and NZX websites, as well as on BRL's website at
    http://www.bathurstresources.com/investor-relations/.
    
    Further information
    
    If you have any questions in relation to any of the above matters, please
    contact the Offer Information Help Line on 0800 727 475 (from within New
    Zealand) or 1800 041 651 (from within Australia) from 8:30 am to 5:00 pm
    Monday to Friday during the offer period. For other questions, you should
    consult your broker, accountant, financial adviser, taxation adviser or other
    independent professional adviser without delay.
    End CA:00251038 For:BRL    Type:RIGHT      Time:2014-05-29 16:45:05
    				
 
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