Issue of Equity
15 Mai 2009 - 3:12PM
UK Regulatory
TIDMMOE
RNS Number : 3545S
Moto Goldmines Limited
15 May 2009
"Not for dissemination in the United States or through any US newswire service"
NEWS RELEASE
FOR IMMEDIATE RELEASE
TSX Code - MGL
MAY 15, 2009 AIM Code - MOE
MOTO GOLDMINES LIMITED CLOSES OVER-ALLOTMENT OPTION
PERTH, WESTERN AUSTRALIA - Moto Goldmines Limited ("Moto" or the "Company") is
pleased to announce the closing of the issue of an additional 2,679,000 common
shares at a price of C$2.80 per share, for gross proceeds of C$7,501,200
pursuant to the exercise of the over-allotment option (the "Over-Allotment
Option") granted by Moto to a syndicate of underwriters, co-led by GMP
Securities L.P. and BMO Capital Markets and including RBC Capital Markets and
Haywood Securities Inc. (collectively, the "Underwriters"). The Over-Allotment
Option was granted to the Underwriters in connection with Moto's short form
prospectus offering (the "Offering") of 17,860,000 common shares at C$2.80 per
share, for gross proceeds of C$50,008,000, which closed on April 27, 2008. The
total gross proceeds raised pursuant to the Offering and the Over-Allotment
Option was C$57,509,200.
This news release does not constitute an offer to sell or the solicitation of an
offer to buy any common shares within the United States. The common shares have
not been offered and will not be registered under the United States Securities
Act of 1933, as amended (the "1933 Act"), or any state securities laws.
Accordingly, the common shares may not be offered or sold in the United States
or to U.S. persons (as such terms are defined in Regulation S under the 1933
Act) unless registered under the 1933 Act and applicable state securities laws
or an exemption from such registration is granted.
For further information in respect of the Company's activities, please contact:
+-----------------------------------------+--------------------------------------+
| Andrew Dinning | Mark Arnesen |
+-----------------------------------------+--------------------------------------+
| President and Chief Operating Officer | Financial Director and Chief |
| Tel: +61 8 9273 4222 | Financial Officer |
| Email: adinning@motogoldmines.com | Tel: +61 8 9273 4222 |
| | Email: marnesen@motogoldmines.com |
+-----------------------------------------+--------------------------------------+
Moto Goldmines Limited website: www.motogoldmines.com
+-----------------------------------------+-----------------------------------------+
| Nominated advisor for the purposes of | RFC Corporate Finance Ltd |
| AIM: | Steve Allen |
| | Tel: +61 8 9480 2508 |
| | Email: Steve.Allen@rfc.com.au |
+-----------------------------------------+-----------------------------------------+
| AIM Broker | GMP Securities Europe LLP |
| | James Hannon |
| | Tel: +44 207 647 2803 |
| | Email: james.hannon@gmpeurope.com |
+-----------------------------------------+-----------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOESFSFDISUSEFI
Moto Goldmines (LSE:MOE)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Moto Goldmines (LSE:MOE)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Moto Goldmines (London Stock Exchange): 0 recent articles
Plus d'articles sur Moto Goldmines Ltd