17 September 2012
LionGold - Issue of Convertible Bonds - Conversion
Attached part of the documents by company:
The Board of Directors (the ¡°Board¡±) of LionGold Corp Ltd (the ¡°Company¡±) refers to the announcements dated 28 March 2012, 24 April 2012, 11 May 2012, 25 May 2012, 8 June 2012, 30 July 2012 and 31 August 2012 (the ¡°Prior Announcements¡±) relating to the issue of up to US$30.0 million in principal amount of 9.0% convertible bonds (the ¡°Convertible Bonds¡±) due 2015.
All capitalised terms and expressions used in this announcement shall, unless otherwise defined herein, bear the same meanings as ascribed to them in the Prior Announcements.
The Board wishes to announce that a subscriber to the Convertible Bonds (the ¡°Subscriber¡±) has on 6 September 2012, in accordance with the Conditions, exercised its right to convert S$328,640.73 in value of the Convertible Bonds into 283,800 new shares of the Company (the ¡°New Shares¡±), at the conversion price of S$1.158 (the ¡°Conversion Price¡±) for each New Share.
The New Shares have been issued and allotted on 13 September 2012. The New Shares are expected to be listed and quoted on the Mainboard of the SGX-ST on 17 September 2012, and trading of the New Shares will commence with effect from 9.00 a.m. on the same date.
Following the allotment and issuance of the New Shares, the number of issued and paid-up ordinary shares of the Company will be increased to 862,491,180 ordinary shares. The New Shares represent approximately 0.03% of the Company¡¯s enlarged issued and paid-up share capital, and will rank pari passu in all respects with the existing shares of the Company in issue.
The in-principle approval granted by SGX for the listing and quotation of the Conversion Shares is not to be taken as an indication of the merits of the Convertible Bonds, the Conversion Shares, the Company and/or its subsidiaries.
Please click here for full document.
Subscribe to:
Post Comments (Atom)
View All My Posts Here
-
►
2015
(4)
- ► March 2015 (1)
- ► February 2015 (3)
-
►
2014
(191)
- ► December 2014 (2)
- ► November 2014 (8)
- ► October 2014 (8)
- ► September 2014 (6)
- ► August 2014 (51)
- ► April 2014 (5)
- ► March 2014 (10)
- ► February 2014 (19)
- ► January 2014 (20)
-
►
2013
(175)
- ► December 2013 (12)
- ► November 2013 (7)
- ► October 2013 (12)
- ► September 2013 (7)
- ► August 2013 (31)
- ► April 2013 (20)
- ► March 2013 (8)
- ► February 2013 (13)
- ► January 2013 (18)
-
▼
2012
(132)
- ► December 2012 (43)
- ► November 2012 (11)
- ► October 2012 (7)
-
▼
September 2012
(31)
- How to Perform Financial Modeling - Introduction
- Mah Sing - Malaysia Shares
- E&O - Lauch RM2.5B properties
- Proven Facts for Stock Market Investment
- EDB - Monthly Manufacturing Performance (August 20...
- Local firms move operations to Iskandar Malaysia t...
- House Renovation at JB - Part 2
- Equity Investment = Doing Business
- Iskandar Investment Bhd (IIB) to launch EduPark@Nu...
- LionGold - Issue of Convertible Bonds - Conversion...
- After Legoland, what's next for Iskandar Malaysia?...
- Olam raises US$500m via notes issuance
- Gas prices fuel surge in inflation as output shrin...
- Battle-worn Charoen fights Beer War II
- USStocks finished higher for a second day after QE...
- My Stock Portfolio Update - 14 September 2012
- Wilmar Shares Buy Back
- Legoland Malaysia set for opening
- Thailand's TCC makes US$7.2b bid to buy F&N
- Billionaires Bet on Palm Oil With GIC, Northstar: ...
- Where are you leading to in your life? - P2
- Plan for your retirement early
- A New Interchange Planned near to Pulai Jaya - Las...
- It is very hard to time the market
- China approves 25 rail projects worth US$110b
- Commodity Traders - Not out of the wood yet
- F&N sales of APB stake to be decided soon
- Chip Eng Seng Update - Award of $210M contract by ...
- New guidelines on "Shoe Box" property in Singapore...
- Offshore and Marine Sector In Singapore
- In a preparation to go into Stock Margin Financing...
- ► August 2012 (20)
- ► March 2012 (1)
- ► January 2012 (5)
-
►
2011
(226)
- ► December 2011 (10)
- ► November 2011 (11)
- ► October 2011 (8)
- ► September 2011 (24)
- ► August 2011 (48)
- ► April 2011 (17)
- ► March 2011 (10)

No comments:
Post a Comment