3 February 2010The Manager Company Announcements Platform...

3 February 2010
The Manager Company Announcements Platform Australian Securities Exchange Limited
COMPLETION OF RENOUNCEABLE RIGHTS ISSUE
In accordance with the ASX Listing Rules Appendix 7A timetable, Stirling Resources Limited (Stirling or Company) confirms the following in relation to its one (1) for one (1) renounceable rights issue of approximately 65,535,297 Shares, with one free attaching Option for every one new Share, which closed on 29 January 2010.
Number of shares available under the rights issue
65,535,297
Number of Shares taken up by shareholders
14,257,801
Shortfall of rights issue applied for by the allottees
1,112,237
Shortfall of rights issue applied for by DCM DECOmetal (subject to shareholder approval)
50,165,259
The rights issue shares and options will be allotted and issued, with holding statements despatched, on 3 February 2010 once all application funds have cleared.
Placement of Shortfall Shares
Stirling has received a firm application from DCM DECOmetal for all available shortfall shares. Placement of the 50,165,250 shortfall shares at 15 cents each is subject to shareholder approval and the Company will convene a General Meeting to seek such approval on 11 March 2010.
If you require further information please contact:
Ildiko Wowesny
Company Secretary Telephone: (08) 6389 6800 Facsimile: (08) 6389 6810 Email:
Yours sincerely [email protected]
Ildiko Wowesny
Company Secretary