C O R P O R A T IO N
22 December 2016
Oakajee Corporation Limited
ACN 123 084 453
Registered Office 39 Clifton Street NEDLANDS WA 6009
Telephone: +61 B 9389 6032
Facsimile: +61 8 9389 8226
Email:admin@oakajeecorp. com.au
Non-renounceable Option Rights I ssue
Oakajee Corporation Limited ("OKJ" or "the Company'') is pleased to advise that it will undertake a 1- for-3 non-renounceable Rights Issue at $0.005 per new option (New Options) to raise up to $85,000 before issue costs (the Offer).
The New Options will have an expiry of 2 years from the date of issue and an exercise price of $0.02 each.The proceeds of the Rights Issue will provide the Company with additional working capital.
The Offer will be made to shareholders with registered addresses in Australia and New Zealand on the Record Date of the Offer (Eligible Shareholders). Shareholders with a registered address outside Australia and New Zealand will not be eligible to participate in the Offer. As the Offer is non renounceable, Eligible Shareholders will not be able to sell or otherwise transfer their entitlements.
If any shortfall remains after the allocation of New Options, the Directors of the Company reserve the right to place the remaining shortfall at their discretion within 3 months of the close of the Offer.
Offer documentation is currently being prepared and key dates, including the Record Date and closing date of the Offer, will be advised in due course.
Fulldetails of the Offer will be contained in a Prospectus to be lodged with the ASX and to be dispatched to Eligible Shareholders in accordance with the indicative timetable to be advised.
Mark Jones Managing Director
Oakajee Corporation Limited
Oakajee Corporation Limited published this content on 22 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 08:47:03 UTC.
Original documenthttp://www.oakajeecorp.com.au/pdfs/OKJ Non-renounceable Option Rights Issue.pdf
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