Todd River Resources IPO, page-2

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    For anyone interested in the Todd River Resources IPO/demerger from TNG Limited.

    http://www.trrltd.com.au

    Todd River Resources is an Australian-based resources company that holds one of the largest base metals exploration portfolios in the Northern Territory, including the large-scale Manbarrum Zinc Project.

    Following TNG's shareholder meeting on 29 November 2016, the Company's portfolio of base metals assets has now been successfully de-merged from TNG Ltd, and is now 100%-owned by Todd River Resources.

    The Company is planning to undertake an Initial Public Offering (IPO) to pursue its exploration initiatives, which are aimed at establishing Todd River Resources as a leading force in Australian zinc exploration and development.

    A prospectus for the IPO has been lodged with ASIC.

    TNG Shareholders will have a priority in the offering.


    http://www.trrltd.com.au/investor_centre/announcements.phtml

    Lodgement of prospectus with ASIC 31 January 2017
    Offer Period Opens    8 February 2017
    Offer Period Closes    3 March 2017
    Issue of Securities under the Offer 10 March 2017
    Dispatch of holding statements 15 March 2017
    Share commence trading on ASX²    24 March 2017
    1. These dates are indicative only and subject to change. GBR, acting in consultation with the lead Manager (Wentworth Global Capital Finance Pty Ltd), may vary these dates without notice, including whether to close an offer early, extend an offer, or accept late applications, either generally or in particular cases, without notification. The opening date will be affected by any extension of the exposure period
    2. Timetable may vary dependant on ASX requirements
 
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