Metallica Minerals Ltd : Update On Cash & Listed Investments Position
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||
|Commodity||MLM %||Number of shares held by MLM||Share price||MLM’s Holdings Market Value (M)|
|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|
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