SXX looking to subscribe for shortfall and spend some Fiji money on DTR
DTR entitlement is 24,001,500 shares or $720,045
Dateline Resources Limited (DTR) (Dateline or the Company) is pleased to announce that it is undertaking a 1 for 10 non-renounceable rights issue of up to 71,849,581 new fully paid ordinary shares in the Company (each, a New Share) at $0.03 per New Share to raise up to approximately $2,155,500 (before costs) (Rights Issue).
Eligible Shareholders, other than the Director Shareholders and Southern Cross Exploration N.L.1 (SXX), will also be offered the opportunity to apply for additional New Shares above their entitlement, from any shortfall that may arise under the Rights Issue.
