Company Announcements Office Australian Stock Exchange Limited 4th Floor, 20 Bridge Street SYDNEY NSW 2000
Dear Sir / Madam , The board of directors of Oropa Limited (“Oropa”) are pleased to announce the placement of 7,636,362 ordinary fully paid shares at a price of 5.5 cents each to raise $420,000.00. The placement has been made to offshore and sophisticated investors.
Oropa intends to apply the funds to progress and continue exploration of its Pungkut gold project in Indonesia and to commence exploration of its recently acquired uranium tenements in Malawi.
The new shares will rank equally with other ordinary shares on issue.
Yours faithfully OROPA LIMITED Philip C Christie Director
ORP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
