EDITOR: | June 17th, 2013

Metallica Minerals Ltd : Update On Cash & Listed Investments Position

| June 17, 2013 | No Comments
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June 17, 2013 — (Source: Metallica Minerals Ltd) — Metallica is pleased to provide an update on its available cash position, investments and shares on issue following the recent successful completion of the Renounceable Rights Issue and the shares allotted as a result of the Rights Issue.

Total available cash is approximately A$3.2 million with no debt.

As a result of the Rights Issue the total shares on issue are 159,951,993.

Metallica’s cash and listed share investments currently total approximately A$9.5 million.

The company’s current market capitalisation is approximately A$19.2 million

Company   & Shares on Issue
ASX Code
Commodity MLM % Number of shares held by MLM Share price  MLM’s Holdings Market Value (M)
MetroCoal   (208,883,663)
MTE Coal 30.80%
64,300,000
6.8 cents
$4.37M
Cape   Alumina(177,142,281)
CBX Bauxite
16.90%
29,954,405 6.5 cents $1.95M
Total ASX Listed Investments $6.32M
Cash at bank at 17/06/2013 $3.21M
Cash and Total ASX Listed   Investments $9.53M
MLM Shares on Issue 159.95M
Metallica Cash & Listed   Investments per share 6 cents
Share price @ COB 14/06/2013 12 cents

Raj Shah

Editor:

Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>


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