EDITOR: | January 6th, 2014

Peak Resources Entitlement Issue Extension

| January 06, 2014 | No Comments
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Peak-Resources-LtdJanuary 6, 2014 (Source: Peak Resources Limited) — Peak Resources Limited (ACN 112 546 700) (ASX:PEK) (Company) advises that it has extended the closing date for its current non-renounceable entitlement issue (Offer) from 13 January 2014 to 20 January 2014.

As announced on 5 December 2013, the Company offered a non-renounceable entitlement issue of approximately 55,111,377 fully paid ordinary shares (New Shares) on the basis of one (1) New Share plus one (1) free attaching option (New Option) for every five (5) shares held by the Company’s shareholders with a registered address in Australia or New Zealand at an issue price of $0.06 per New Share to raise approximately $3,306,683.

In accordance with the Offer, Eligible Shareholders may also elect to participate in the shortfall offer and apply for Shortfall Securities in excess of their pro rata entitlement under the Offer.

The revised timetable is presented below:

Event Date
Closing Date* 2.00 pm (WST) on 20 January 2014
Securities quoted on a deferred settlement basis 21-Jan-14
ASX notified of under subscriptions 23-Jan-14
Issue of Securities and despatch of holding statements 29-Jan-14
Quotation of Securities issued under the Offer* 29-Jan-14

The above dates are indicative only and subject to the Corporations Act 2001 and the ASX Listing Rules, may be varied as the directors decide.

Applications for New Shares and New Options under the Offer may only be made by completing the Entitlement and Acceptance Form which accompanies the Prospectus. Eligible Shareholders should read the prospectus carefully. For further information on the Offer, you should contact your professional advisor.

Jeff Dawkins
Company Secretary


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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