| Thu 5 Jun 2008, 9:01 | | CZA - Coal of Africa Limited - Placement and Section 708A(5)(e) Notice |
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CZA
CZA
CZA - Coal of Africa Limited - Placement and Section 708A(5)(e) Notice
Coal of Africa Limited
(Previously, "GVM Metals Limited")
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
Share code on the JSE Limited: CZA
ISIN AU000000CZA6
Share code on the Australian Stock Exchange Limited: CZA
ISIN AU000000CZA6
(`CoAL` or `the Company`)
SECTION 708A(5)(e) NOTICE
Further to today`s announcement on the completion of Tranche 2 of the Placement
to ArcelorMittal, being 13,635,000 shares @ GBP1.11 per share, Coal of Africa
Limited confirms it has also today placed 375,000 ordinary shares to Zero
Nominees Limited pursuant to its exercise of Class F Options at an exercise
price of $1.50 per Share.
Following the admission of the 14,010,000 Shares, the number of Ordinary Shares
on issue will be 372,754,492.
An Appendix 3B will be lodged following this announcement and may be found on
the Company`s website.
Secondary Trading Notice Pursuant to Paragraph 708A(5)(e) of the Corporations
Act 2001 ("Act")
The Act restricts the on-sale of securities issued without disclosure, unless
the sale is exempt under section 708 or 708A of the Act. By giving this notice,
a sale of the Shares noted above will fall within the exemption in section
708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
(a) the Company issued the Shares without disclosure to investors under Part
6D.2 of the Act;
(b) as at 5 June 2008, the Company has complied with the provisions of
Chapter 2M of the Act as they apply to the Company, and section 674 of the
Act; and
(c) as at 5 June 2008 there is no information:
a. that has been excluded from a continuous disclosure notice
in accordance with the ASX Listing Rules; and
b. that investors and their professional advisers would
reasonably require for the purpose of making an informed assessment
of:
i. the assets and liabilities, financial position and
performance, profits and losses and prospects of the Company;
or
ii. the rights and liabilities attaching to the relevant Shares.
AUTHORISED BY:
Shannon Coates
Company Secretary
5 June 2008
For more information contact:
Simon Farrell, Managing Director
CZA +61 417 985 383
Olly Cairns / Romil Patel
Blue Oar Securities Plc +61 8 6430 1631/ +44(0) 20 7448 4400
www.coalofafrica.com
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
(Registration number 1970/003711/07)
Date: 05/06/2008 09:01:01 Produced by the JSE SENS Department.
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