🕐03.02.12 - 08:27 Uhr
NYOTA MINERALS LIMITED ANNOUNCEMENT - PLACING OF APPROXIMATELY £9.66 MILLION AN D NOTICE OF GENERAL MEETING
3 February 2012
ANNOUNCEMENT - PLACING OF APPROXIMATELY 9.66 MILLION AND NOTICE OF GENERAL MEETING
Highlights
Nyota Minerals Limited (ASX/AIM: NYO), the gold exploration and development company in East Africa is pleased to announce a conditional placing of 161,000,000 new ordinary shares of the Company ("Ordinary Shares") to raise approximately 9.66 million (before expenses) (the "Placing").
Under the Placing, 146,720,000 Ordinary Shares will be issued to UK investors at 0.06 per Ordinary Share and the remaining 14,280,000 Ordinary Shares will be issued to Australian investors at A$0.089 per Ordinary Share.
The Placing is conditional on the passing of certain resolutions by the Companys shareholders at a general meeting to be held on 7 March 2012.
To view the full announcement, please click on the following link or paste in to your browser:
http://www.nyotaminerals.com/files/pdf-NYO03022012PlacingAnnouncement_1.pdf
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