Issue of Placement shares and Options
Adelaide, May 9, 2018 AEST (ABN Newswire) - Core Exploration Limited (
ASX:CXO) is pleased to announce that it has issued 26,415,094 fully paid ordinary shares as announced on 7 May 2018. The Company has issued the Shares to Ya Hua International Investment and Development Co. Ltd under a share placement raising $1,400,000 (before costs).
Core has also issued 500,000 unquoted options as consideration for investor relations services to Cannings Purple. The unquoted options have an exercise price of $0.10 and expiry of 9 May 2020 and have been issued under the Company's 15% placement capacity under Listing Rule 7.1.
An Appendix 3B seeking quotation of the shares is attached to this announcement (see link below).
To view the release, please visit:
http://abnnewswire.net/lnk/J6W7PJ02
About Core Lithium Ltd
Core Lithium Ltd (ASX:CXO) is an Australian hard-rock lithium company that owns the Finniss Lithium Operation on the Cox Peninsula, south-west and 88km by sealed road from the Darwin Port, Northern Territory. Core's vision is to generate sustained shareholder value from critical minerals exploration and mining projects underpinned by strong environmental, safety and social standards.
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