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£2.47m
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1.25p
4 September 2008
Zambezi Resources Limited
Non Renounceable Rights Issue
Zambezi Resources Limited ("Zambezi" or the "Company") (AIM: ZRL; ASX:ZRL) today confirms the following in accordance with the rights issue timetable pursuant to the prospectus dated 31 July 2008 :
|
|
Shares |
Options |
|
Number of securities available under the rights issue |
33,004,167 |
11,001,389 |
|
Number of securities taken up by shareholders |
4,436,593 |
1,478,864 |
The Company expects that the shares applied for under the rights issue and attaching options will be allotted and holding statements and certificates despatched to shareholders on or before 9 September 2008.
Lloyd Flint
CFO
.
For Further Information please contact:
|
Julian Ford, Managing Director Zambezi Resources (Australia) +61 (08) 9216 9000 +61 (0) 418 949 580 |
Jeremy Wrathall, Non-Executive Director Zambezi Resources (London) Mob: +44 7712 776 100 |
|
Fiona Owen Grant Thornton UK LLP +44 20 7383 5100 |
Simon Edwards / Adam Lloyd Evolution Securities Ltd + 44 20 7071 4300 |