To view the PDF file, sign up for a MySharenet subscription.

FERRUM CRESCENT LIMITED - Issue of Consideration Shares

Release Date: 29/09/2016 08:05
Code(s): FCR     PDF:  
Wrap Text
Issue of Consideration Shares

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


29 September 2016

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

                                   Issue of Consideration Shares

Further to its announcement on 23 September 2016, Ferrum Crescent, the ASX, AIM and JSE
quoted metals project developer, announces that 100,000,000 new ordinary shares of no par value
each in the capital of the Company (“Consideration Shares”) will be issued to GoldQuest Mining
(Spain) Corp. on 30 September 2016. The Consideration Shares will be issued in settlement of the
share element of the consideration for the acquisition of 100% of the issued share capital of
GoldQuest Iberica, S.L.

Application will be made for the quotation of the Consideration Shares on the Australian Securities
Exchange and has already been made to the JSE Limited and London Stock Exchange plc for
admission to trading on AIM. It is expected that admission of the Consideration Shares will become
effective and that dealings in the Consideration Shares will commence on AIM at 8.00 a.m. on 30
September 2016. The Consideration 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 Consideration
Shares, the total issued ordinary share capital of the Company will comprise 1,687,072,634
ordinary shares.

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

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

The information contained within this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of
this announcement via Regulatory Information Service, this inside information is now considered to be in the
public domain.

Date: 29/09/2016 08:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story