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RESOURCE GENERATION LIMITED - Result of Entitlement Offer

Release Date: 26/07/2013 08:45:00      Code(s): RSG     
Resource Generation Limited
Registered in Australia under the Corporations Act, 2001 (Cth) with registration number ACN: 059 950 337
ISIN: AU000000RES1
Share Code on the ASX: RES
Share Code on the JSE: RSG
("Resgen" or the ?Company?) 

ASX Release

Result of Entitlement Offer

On 28 June 2013, Resource Generation Limited announced a 1 for 1 non-renounceable
entitlement offer at 22 cents per share. The offer closed at 5.00 pm Sydney time on
Tuesday, 23 July 2013, with valid acceptances received for 47,536,602 new shares,
representing approximately 16.7% of the total number of shares offered to eligible

As mentioned in the offer booklet, the directors will seek to place the shortfall shares in
the next three months. Resource Generation has mandated BBY Limited and Macquarie
First South Capital (Pty) Limited to seek institutional or sophisticated investors globally
to subscribe for the remaining 236,319,285 shares and to place the 842,115 shares that
would have been offered to shareholders which were ineligible to participate.

As also mentioned in the offer booklet, commitments have been received from
Barsington Limited, Valu Investments Pte Ltd and Altius Investment Holdings
(Proprietary) Limited (Altius) to subscribe for up to 207,853,850 shares of any eventual
shortfall. One of Altius? conditions is that settlement should occur after 13 September
2013, so its participation in the shortfall placement will not occur before then. Final
shortfall allocations will be determined by the company in consultation with the relevant
parties in due course.

The issue of new shares for which valid acceptances have been received and dispatch of
holding statements are expected to occur on Tuesday, 30 July 2013. It is expected that
the new shares will commence normal T+3 settlement trading on Wednesday, 31 July

Paul Jury, Managing Director on (02) 9376 9000 or
Steve Matthews, Company Secretary on (02) 9376 9000

Media enquiries
Anthony Tregoning (02) 8264 1000

26 July 2013

JSE Sponsor:
Macquarie First South Capital (Proprietary) Limited

 Resource Generation is developing the Boikarabelo coal mine in the Waterberg
 region of South Africa where there are probable reserves of 744.8 million tonnes of
 coal on 35% of the tenements under its control. Stage 1 of the mine development
 targets saleable coal production of 6 million tonnes per annum.

Resource Generation Limited (ACN 059 950 337)             www.resgen.com.au
Level 12 Chifley Tower, 2 Chifley Square, Sydney NSW 2000
GPO Box 5490, Sydney NSW 2001. Phone +61 2 9376 9000 Fax +61 2 9376 9013

Date: 26/07/2013 08:45:00 Supplied by www.sharenet.co.za                     
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