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TAW - Tawana Resources NL - Placement
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
ISIN: AU000000TAW7
Share code on the Australian Stock Exchange Limited: TAW
ISIN: AU000000TAW7
("Tawana" or "the Company")
ASX Release
20 July 2010
Placement
Tawana Resources NL (ASX: TAW) is pleased to announce it has completed the
placement of 66,000,000 shares at 1 cent per share to raise to raise $660,000 as
announced to ASX on 1 July 2010.
The placement shares were issued within the Company`s 15% capacity pursuant to
Listing Rule 7.1 to investors qualifying under section 708 of the Corporations
Act.
The new capital raised will be used to fund the Company`s exploration programs,
for the review of new projects and for general working capital purposes.
Further Information;
Warwick Grigor
Chairman
Tawana Resources NL (ASX: TAW) - Secondary Trading Notice Pursuant To Section
708A(5)(E) Of The Corporations Act 2001.
The Company gives this notice pursuant to section 708A(5)(e) of the Corporations
Act 2001 (Cth) ("Act").
The Company has issued ordinary fully paid shares in the capital of the Company
("Options") as per the Appendix 3B lodged with the ASX today.
The Company advises that the Options were issued without disclosure to investors
under Part 6D.2 of the Act. The Company, as at the date of this notice, has
complied with:
the provisions of Chapter 2M of the Act as they apply to the Company; and
section 674 of the Act.
As at the date of this notice there is no information that is excluded
information for the purposes of sections 708A(7) and (8) of the Act.
For further information contact:
Winton Willesee
Joint Company Secretary
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX`s property and may
be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000,
30/9/2001, 11/3/2002, 1/1/2003.
Name of entity
TAWANA RESOURCES NL
ABN
69 085 166 721
We (the entity) give ASX the following information.
Part 1 All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 +Class of +securities issued or Shares
to be issued
2 Number of +securities issued or 66,000,000
to be issued (if known) or
maximum number which may be
issued
3 Principal terms of the Fully Paid Ordinary Shares
+securities (eg, if options,
exercise price and expiry date;
if partly paid +securities, the
amount outstanding and due dates
for payment; if +convertible
securities, the conversion price
and dates for conversion)
4 Do the +securities rank equally Yes
in all respects from the date of
allotment with an existing +class
of quoted +securities'
If the additional securities do
not rank equally, please state:
the date from which they do
the extent to which they
participate for the next
dividend, (in the case of a
trust, distribution) or interest
payment
the extent to which they do not
rank equally, other than in
relation to the next dividend,
distribution or interest payment
5 Issue price or consideration $0.01 per Share
6 Purpose of the issue The new capital raised will be
(If issued as consideration for used to fund the Company`s
the acquisition of assets, exploration programs, for the
clearly identify those assets) review of new projects and for
general working capital purposes.
7 Dates of entering +securities 20 July 2010
into uncertificated holdings or
despatch of certificates
Number +Class
8 Number and +class of all 507,416,029 Ordinary Fully Paid
+securities quoted on ASX Shares
(including the securities in 13,240,053
clause 2 if applicable) Options (10c, 1 Apr
2011)
Number +Class
9 Number and +class of all 1,420,000 Options (35c, 30 Nov 2011)
+securities not quoted
on ASX (including the
securities in clause 2
if applicable)
6,750,000 Options (10c, 17 Jan 2014)
4,000,000 Options (7c, 18 June 2012)
6,000,000 Options (10c, 17 Jan 2013)
6,750,000 Options (7c, 17 Jan 2013)
50,000,000 Options (1c, 23 Feb 2013)
10 Dividend policy (in the Unchanged
case of a trust,
distribution policy) on
the increased capital
(interests)
Part 2 Bonus issue or pro rata issue
11 Is security holder
approval required'
12 Is the issue
renounceable or non-
renounceable'
13 Ratio in which the
+securities will be
offered
14 +Class of +securities to
which the offer relates
15 +Record date to
determine entitlements
16 Will holdings on
different registers (or
subregisters) be
aggregated for
calculating
entitlements'
17 Policy for deciding
entitlements in relation
to fractions
18 Names of countries in
which the entity has
+security holders who
will not be sent new
issue documents
Note: Security holders
must be told how their
entitlements are to be
dealt with.
Cross reference: rule
7.7.
19 Closing date for receipt
of acceptances or
renunciations
20 Names of any
underwriters
21 Amount of any
underwriting fee or
commission
22 Names of any brokers to
the issue
23 Fee or commission
payable to the broker
to the issue
24 Amount of any handling
fee payable to brokers
who lodge acceptances or
renunciations on behalf
of +security holders
25 If the issue is
contingent on +security
holders` approval, the
date of the meeting
26 Date entitlement and
acceptance form and
prospectus or Product
Disclosure Statement
will be sent to persons
entitled
27 If the entity has issued
options, and the terms
entitle option holders
to participate on
exercise, the date on
which notices will be
sent to option holders
28 Date rights trading will
begin (if applicable)
29 Date rights trading will
end (if applicable)
30 How do +security holders
sell their entitlements
in full through a
broker'
31 How do +security holders
sell part of their
entitlements through a
broker and accept for
the balance'
32 How do +security holders
dispose of their
entitlements (except by
sale through a broker)'
33 +Despatch date
Part 3 Quotation of securities
You need only complete this section if you are applying for quotation of
securities
34 Type of securities
(tick one)
(a) Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the
escrowed period, partly paid securities that
become fully paid, employee incentive share
securities when restriction ends, securities
issued on expiry or conversion of convertible
securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are
providing the information or
documents
35 If the +securities are +equity securities, the
names of the 20 largest holders of the
additional +securities, and the number and
percentage of additional +securities held by
those holders
36 If the +securities are +equity securities, a
distribution schedule of the additional
+securities setting out the number of holders in
the categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional
+securities
Entities that have ticked box 34(b)
38 Number of securities
for which +quotation is
sought
39 Class of +securities
for which quotation is
sought
40 Do the +securities rank
equally in all respects
from the date of
allotment with an
existing +class of
quoted +securities'
If the additional
securities do not rank
equally, please state:
the date from which
they do
the extent to which
they participate for
the next dividend, (in
the case of a trust,
distribution) or
interest payment
the extent to which
they do not rank
equally, other than in
relation to the next
dividend, distribution
or interest payment
41 Reason for request for
quotation now
Example: In the case of
restricted securities,
end of restriction
period
(if issued upon
conversion of another
security, clearly
identify that other
security)
Number +Class
42 Number and +class of
all +securities quoted
on ASX (including the
securities in clause
38)
Quotation agreement
1 +Quotation of our additional +securities is in ASX`s absolute discretion.
ASX may quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
* The issue of the +securities to be quoted complies with the law and is not
for an illegal purpose.
* There is no reason why those +securities should not be granted +quotation.
* An offer of the +securities for sale within 12 months after their issue
will not require disclosure under section 707(3) or section 1012C(6) of the
Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for
the securities in order to be able to give this warranty
* Section 724 or section 1016E of the Corporations Act does not apply to any
applications received by us in relation to any +securities to be quoted and
that no-one has any right to return any +securities to be quoted under
sections 737, 738 or 1016F of the Corporations Act at the time that we
request that the +securities be quoted.
* We warrant that if confirmation is required under section 1017F of the
Corporations Act in relation to the +securities to be quoted, it has been
provided at the time that we request that the +securities be quoted.
* If we are a trust, we warrant that no person has the right to return the
+securities to be quoted under section 1019B of the Corporations Act at the
time that we request that the +securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of
the warranties in this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
+quotation of the +securities begins. We acknowledge that ASX is relying
on the information and documents. We warrant that they are (will be) true
and complete.
Sign here:
Date: 20 July 2010
(Joint Company Secretary)
Print name: Winton Willesee
Date: 20/07/2010 10:28:01 Supplied by www.sharenet.co.za
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