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FERRUM CRESCENT LIMITED - Exercise of Options and Issue of Equity

Release Date: 28/07/2016 13:00
Code(s): FCR     PDF:  
Wrap Text
Exercise of Options and Issue of Equity

FERRUM CRESCENT LIMITED
(Incorporated and registered in Australia and registered as an external company in the
Republic of South Africa)
(Registration number A.C.N. 097 532 137)
(External company registration number 2011/116305/10)
Share code on the ASX: FCR
Share code on AIM: FCR
Share code on the JSE: FCR
Australian ISIN: AU000000WRL8
South African ISIN: AU000000FCR2


28 July 2016

                            Ferrum Crescent Limited
         (“Ferrum Crescent”, the “Company” or the “Group”)(ASX, AIM, JSE: FCR)

                       Exercise of Options and Issue of Equity

Ferrum Crescent, the ASX, AIM and JSE quoted metals project developer, announces that it
is issuing 66,874,816 new ordinary shares of no par value each in the capital of the
Company (“Ordinary Shares”) as a result of the exercise of, in aggregate, 66,874,816 options
exercisable at a price of 0.165 pence per share (the “Option Shares”). Such options were
granted in connection with the Company’s placing and subscription announced on 27 April
2016.

Application will be made for quotation of the Option Shares on the Australian Securities
Exchange and the JSE Limited, and has been made to the London Stock Exchange plc for
admission to trading on AIM (“Admission”). It is expected that Admission of the Option
Shares will become effective and that dealings in the Option Shares will commence on AIM
at 8.00 a.m. on 29 July 2016. The Option Shares will be fully paid and will rank pari passu in
all respects with the Company’s existing Ordinary Shares. Following the issue of the Option
Shares and the placing shares announced on 25 July 2016, the total issued ordinary share
capital of the Company will comprise 1,536,893,184 Ordinary Shares.


For further information on the Company, please visit www.ferrumcrescent.com or contact:

Ferrum Crescent Limited
Justin Tooth, Executive Chairman
Grant Button, Company Secretary
T: +61 8 9474 2995
UK enquiries:
Laurence Read (UK representative)
T: +44 7557 672 432
Strand Hanson Limited (Nominated Adviser)
Rory Murphy/Matthew Chandler
T: +44 (0)20 7409 3494
Beaufort Securities Limited (Broker)
Elliot Hance
T: +44 (0)20 7382 8300
Bravura Capital (Pty) Ltd (JSE Sponsor)
Doné Hattingh
T (direct): +27 11 459 5037

This announcement contains inside information.

Date: 28/07/2016 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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