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Zambezi Resources (ZRL)

Sector:

Mining

Index:

FTSE AIM All-Share

Market Cap

£2.47m

Change Today

Price Unchanged0.000p ()

Share Price

1.25p

Non Renounceable Rights Issue

RNS Number : 5214D
Zambezi Resources Ltd
16 September 2008
 



16 September 2008

Zambezi Resources Limited


Non Renounceable Rights Issue


In accordance with the timetable in the Rights Issue Prospectus announced on  31 July 2008, and further to the announcement of 8 September 2008, Zambezi Resources Limited ("Zambezi" or the "Company") (AIM: ZRL; ASX:ZRL) confirms the following :  


Shares

Options

Number of securities available under the rights issue

33,004,167

11,001,389

Number of securities taken up by eligible shareholders

4,436,593

1,478,864

Shortfall securities

28,567,574

9,522,525

Shortfall applications allotted

602,535

200,761

Shortfall shares still to be allocated

27,965,039

9,321,764

Zambezi has received total proceeds of AUD$ 625,000 (or £290,000) under the rights issue.  



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






This information is provided by RNS
The company news service from the London Stock Exchange
 
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