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Posts Tagged ‘Placement’

Monday, 29th June 2009 Morning Wrap

Monday, June 29th, 2009

Presented by Michael Hevern
MDSFinancial

Click here to watch the presentation.

Click here to download the mp3 audio recording (1026Kb).

General Advice Only
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In this morning s wrap

DOW: down 0.4% (down 1.2% for Week)
Concerns Over Upcoming Reporting Season;
Volumes Down

NASDAQ: up 0.5% (Up 0.6% for Week)
Smart Phone Wars

FTSE: down 0.3% (down 2.5% for Week)
Consolidation Back to Back Weekly Falls;
DAX down 0.4% & CAC down 0.9%

NIKKEI: up 0.8% (Up 1.1% for Week)
Japan: Concerns over Deflation Undermining Rebound;
Hang Seng up 1.8%

Oil: down 0.6% ($69) (Flat for Week)
Iraq to Unveil Contracts to Increase Daily Output to 4mbd (vs 2.4mbp now)

Gold: Flat ($937) (down 0.5% for Week)
Commodities Lower;
USD Lower

SPI Flat (Up 0.5% for Week)
SPI: Critical Level(s): 3850 to 4050

ASX News

BLD CEO Rod Pearce to retire by year end
CTX set for 1H09 profits up 50%
ROC completes $68.8m placement
CP – $31m raising done; now awaiting JV decision from BG Group
FMG on track to stripping $400m in annual costs
Materials & Energy stocks may see profit taking;
Banks to offer support
ASX to open subdued;
US & UK Little Direction
30-Jun tomorrow

Tags: ASX News, Business News, Commodities, Crude Oil, Dow, gold price, Placement
Posted in Stock Market Analysis | No Comments

Adelaide Brighton Placement and Share Purchase Plan

Thursday, April 9th, 2009

Adelaide Brighton (ABC) limited announces that it has launched an equity capital raising of up to A$ 100 million, comprising an underwritten institutional placement, of which up to A$ 75 million has been underwritten and a non underwritten Share Purchase Plan.

The placement is being offered to institutional and sophisticated investors in certain jurisdictions at a fixed price of $1.78 per share. The SPP will offer the shareholders the opportunity to subscribe for up to A$10,000 worth of Adelaide Brighton shares. Further details of the SPP will be communicated to the shareholders in due course.

www.adbri.com.au

Tags: ABC, Adelaide Brighton, Placement, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Crane Group Placement and Share Purchase Plan

Monday, March 30th, 2009

Crane Group Limited (CRG) has successfully completed an institutional placement raising $40 million in new equity. The placement was fully subscribed and priced at $7.50 per share (Placement Price), an 8% discount to the prior close. This will result in the issue of 5,333,334 new ordinary shares being issued.

Eligible shareholders will be offered the opportunity to participate in the Share Purchase Plan (SPP). The SPP will offer shareholders the opportunity to subscribe for up to $10,000 worth of Crane Group shares at the Placement price. If total applications under the SPP exceed $10 million, Crane Group will reserve the right to scale back partly or entirely the amount raised.

http://www.crane.com.au/

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans use Trader Dealer http://www.traderdealer.com.au/

Tags: Crane Group, Placement, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Every Day Mine Services Placement and Share Purchase Plan

Wednesday, March 25th, 2009

Every Day Mine Services Limited (EDS) advises that they have today received firm commitments from investors to raise $537,500 at an issue price of $0.04 per share. The s. 708 excluded investor placement was subscribed for by directors, senior management and existing shareholders of EDMS. In accordance with the ASX Listing Rules and Corporations Law, EDMSwill be required to convene a shareholder meeting to approve the issue of shares to the directors of the Company. In addition to the placement, the Directors are also pleased to advise that existing shareholders are being offered the opportunity to subscribe for shares on the same terms through a share purchase plan.

Under the terms of the SPP, investors registered at the determined record date will be entitled to subscribe for a minimum share parcel of $2,000.00 and a maximum share parcel of $5,000.00. Should the maximum number of shares permitted to be issued be subscribed for, an additional $1.1m will be raised by the Company.

http://www.everydaymineservices.com.au

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans … use Trader Dealer http://www.traderdealer.com.au/

Tags: EDS, Every Day Mine Services, Placement, Share Purchase Plan
Posted in Share Purchase Plan (SPP) | No Comments

Ramelius Resources Placement and Share Purchase Plan

Wednesday, March 25th, 2009

Ramelius Resources Limited (RMS) advises that the Company has successfully completed a A$13.4 million placement to institutional and sophisticated investors which will strengthen the Company s balance sheet prior to commencement of underground mining at the high grade Wattle Dam gold mine in Western Australia. Ramelius successfully placed 25.3 million fully paid ordinary shares in the Company at an issue price of $0.53 per share raising A$13.4 million before costs.

The placement to Australian and international investment funds and sophisticated investors resulted in strong demand and was managed by Bell Potter Securities Limited.Adelaide Equity Partners acted as corporate adviser to Ramelius.

Ramelius is also pleased to announce that shareholders in the Company will be given the opportunity to subscribe for shares via a Share Purchase Plan ( SPP ) which will raise up to A$7m.

http://www.rameliusresources.com.au

For More Share Purchase Plans go to http://blog.mdsfinancial.com.au/category/share-purchase-plans/

To Buy Shares And Participate in Share Purchase Plans … use Trader Dealer http://www.traderdealer.com.au/

Tags: Placement, Ramelius Resources, RMS, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Every Day Mine Services Placement and Share Purchase Plan

Wednesday, March 25th, 2009

http://www.everydaymineservices.com.au

Tags: EDS, Everyday Mine Services, Placement, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Mineral Deposits Placement and Share Purchase Plan

Wednesday, March 25th, 2009

Mineral Deposits Limited (MDL) announced that, subject to execution of definitive documentation and closing, it will undertake a private placement of 63.6 million new ordinary shares at C$0.52 (approximately A$0.62) per share raising C$33.1 million (approximately A$39 million/US$27 million). The placement shares will be placed with a limited number of Canadian institutions, with the raising managed by Toll Cross Securities Inc. and Cormark Securities Inc. Settlement is expected to occur on or about 30 March 2009. The proceeds of the placement, together with available credit lines, will be used to repay a US$35 million working capital facility provided by RMB Australia Holdings Limited and Macquarie Bank Limited.

The company also plans to offer shareholders resident in Australia or New Zealand the opportunity to subscribe for new shares in the company via a Share Purchase Plan (SPP). Eligible shareholders (those on the register at 7pm on 27 March 2009) will be able to purchase new MDL shares up to a maximum value of A$10,000 (subject to expected ASIC relief and ASX waiver). The price at which shares are issued under the SPP will be A$0.62.

http://www.mineraldeposits.com.au

Tags: MDL, Mineral Deposits, Placement, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Ramelius Resources Capital Raising and Share Purchase Plan

Wednesday, March 25th, 2009

Ramelius Resources Limited (RMS) advises that the Company has successfully completed a A$13.4 million placement to institutional and sophisticated investors which will strengthen the Company’s balance sheet prior to commencement of underground mining at the high‐grade Wattle Dam gold mine in Western Australia. Ramelius successfully placed 25.3 million fully paid ordinary shares in the Company at an issue price of $0.53 per share raising A$13.4 million before costs.

Ramelius is also pleased to announce that shareholders in the Company will be given the opportunity to subscribe for shares via a Share Purchase Plan (“SPP”) which will raise up to A$7m.

http://www.rameliusresources.com.au

Tags: Placement, Ramelius Resources, RMS, Share Purchase Plans, SPP
Posted in Share Purchase Plan (SPP) | No Comments

Auzex Resources Placement and Share Purchase Plan

Thursday, March 19th, 2009

Auzex Resources (AZX) is pleased to announce that it has completed a placement of 3.4 million shares at 15 cents per share raising a total of $515,000. Of the above amount, Directors have committed to contributing a total of $68,888 which will be subject to shareholder approval.

Auzex intends to offer all shareholders the opportunity to participate in an equity raising on similar terms. Accordingly, Auzex shareholders will shortly be invited to participate in the share capital expansion of the Company through a Share Purchase Plan (SPP) based on similar pricing terms to the placement outlined above. The SPP timetable and documentation will be issued later this month and will close in late April.

www.auzex.com

Tags: Auzex Resources, AZX, capital raising, Placement, Share Purchase Plan, SPP
Posted in Share Purchase Plan (SPP) | No Comments