|The suspension of trading in the securities of Red 5 Limited (the “Company”) will be lifted
before the commencement of trading tomorrow, following receipt of an announcement
regarding the completion of a share purchase plan.
Security Code: RED
|settlement of the second tranche of the share placement announced by Red 5
Limited (Company) on 9 September 2013 has been completed. The Company has issued
479,700,000 ordinary fully paid shares at a subscription price of 10 cents each to institutional
and professional investors through Petra Capital Limited as lead manager, for gross proceeds of
The placement was approved by shareholders at a general meeting of the Company held on 21
|releases a General Meeting Presentation||21/10/2013|
|The Company has in place a Business Interruption policy to cover unforeseen
events such as the compromise of the tailings storage facility, which occurred
late April 2013. The Siana mine operations were voluntarily suspended at the time
and the mine has not operated for the last six months.
The Company is now providing data to a specialist independent accounting
firm to confirm the quantum of the claim, which under the policy is capped
at US$10.0 million.
As a gesture of good faith the insurer panel has agreed to pay the Company
US$2.5 million this week in advance of final quantum determinations||21/10/2013|
|issues a 2013 Annual Report||16/10/2013|
|releases Annual Report to shareholders||27/09/2013|
|As announced on 5 September 2013, Red 5 Limited has resolved to raise $50 million via a private
placement and $10 million (with discretion to accept a further $5 million in over subscriptions) under a
Share Purchase Plan (SPP) offer to existing shareholders.
Red 5 has received firm commitments for the full $50 million the subject of the placement||18/09/2013|
|a General Meeting of Shareholders of Red 5 Limited ACN 068 647 610 (Company
or Red 5) will be held at the Celtic Club, 48 Ord Street, West Perth, Western Australia, on 21 October
2013 at 2.00 p.m. (WST)||18/09/2013|
proposed private placement announced on 5 September 2013 has been
successfully concluded, with final commitments received for a total of
$50,000,000, comprising 500,000,000 ordinary fully paid shares at an issue
price of 10 cents per share.
Settlement of the first tranche of the share placement of $2,030,000 is
expected to occur on 11 September 2013||09/09/2013|
|the Company has resolved
to raise up to $50,000,000 (before costs) through a private placement of up to
500,000,000 ordinary fully paid shares (Shares) to domestic and international
institutional and domestic sophisticated investors at an issue price of
10 cents per share (placement).
Red 5 also intends to raise a further $10,000,000 through a Share Purchase
Plan (Spp) to eligible shareholders also at 10 cents per share with the
directors reserving the right to accept oversubscriptions of up to a further
|Red 5 advises that the Closing Date for acceptance of the Entitlements Offer will be extended to
5.00 pm (WST) on Friday, 30 August 2013. The previous Closing Date was 20 August 2013||12/08/2013|
|a copy of the Prospectus (see notice of 19 July below) is available on the Company's web-site at www.red5limited.com||24/07/2013|
|company announces that it will be undertaking a pro-rata
non-renounceable entitlements offer of up to 135,488,008 fully paid ordinary shares in Red 5 (New
Shares) to existing eligible shareholders at an issue price of $0.35 each per New Share to raise up to
$47,420,802 before costs (Offer). Eligible Shareholders will be able to subscribe for 1 New Share for
every 1 ordinary fully paid share (Share) they hold on the record date||19/07/2013|
|The securities of Red 5 Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending the release of an announcement.
Security Code: RED||30/04/2013|
|The suspension of trading in the securities of Red 5 Limited (the "Company") will be lifted immediately, following an announcement regarding a placement||20/03/2012|
|securities suspended pending an announcement||19/03/2012|
|securities suspended pending an announcement||13/10/2010|
|name changed from Greenstone Resources NL||13/09/2002|