White Rock Minerals Ltd Stock Market Press Releases and Company Profile
Allotment of Shortfall Securities under Entitlement Offer
Allotment of Shortfall Securities under Entitlement Offer

Ballarat, July 19, 2018 AEST (ABN Newswire) - White Rock Minerals Limited (googlechartASX:WRM) (White Rock) advises that it has today completed the issue and allotment of 171,386,123 new fully paid ordinary shares in White Rock (New Shares) and 85,693,062 new unlisted options exercisable at $0.02 and expiring 26 March 2021 (New Options) as announced on 11 July 2018. The issue raised $1.71M before costs.

The New Shares and New Options were issued following the successful placement of the shortfall resulting from White Rock's non-renounceable pro rata entitlement offer announced on 21 March 2018. The placement was made to existing and new sophisticated and professional investors.

The proceeds will be used to advance exploration activities at White Rock's globally significant high-grade zinc VMS Red Mountain project and for general working capital requirements.

White Rock hereby gives notice under section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act) to the ASX as follows:

1. The New Shares were issued by White Rock without disclosure being given to investors under Part 6D.2 of the Corporations Act.

2. As at the date of this notice, White Rock has complied with:

a) the provisions under Chapter 2M of the Corporations Act, as they apply to White Rock; and

b) section 674 of the Corporations Act, as it applies to White Rock.

3. As at the date of this notice, there is no "excluded information" as defined in sections 708A(7) and 708A(8) of the Corporations Act in relation to White Rock.

White Rock now has 1,636,457,861 fully paid ordinary shares and 570,602,353 unlisted options on issue following this issue and allotment of New Shares and New Options.


About White Rock Minerals Ltd

White Rock Minerals Ltd

 White Rock Minerals Ltd (ASX:WRM) (OTCMKTS:WRMCF) is a diversified explorer and near-stage producer, headquartered in Ballarat, Victoria. The Company's flagship exploration project is Red Mountain in central Alaska. At Red Mountain, there are already two high grade zinc - silver - gold - lead VMS deposits, with an Inferred Mineral Resource of 9.1 million tonnes @ 609g/t AgEq / 13% ZnEq. The Company is also exploring its recently discovered large intrusion related gold anomaly at Last Chance, also located in the Tintina gold belt of Alaska, home to multi-million gold ounce deposits like Pogo, Fort Knox and the Donlin Project. The Company also has the Mt Carrington project, located near Drake, in Northern NSW, which is a near-production precious metals asset with a resource of 341,000 ounces of gold and 23.2 million ounces of silver on an approved mining lease, and with a Gold First PFS and JORC Reserve.

https://www.linkedin.com/company/white-rock-minerals-ltd/ abnnewswire.com 


Contact

Matthew Gill (Managing Director & CEO)
Phone: +61-3-5331-4644

Shane Turner (Company Secretary)
Phone: +61-3-5331-4644
Email: info@whiterockminerals.com.au
Website: www.whiterockminerals.com.au



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