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Macleod22

4,855 Posts.

171

04/11/15

21:43

Post #: 16327225
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Originally posted by KIWI67 ↑

As for the $6M Macca i have no idea if they will secure it

IGS. Okap
Indicative Timetable Complete due diligence
15 May 2015 Purchaser provides Option Exercise Notice
15 May 2015 Execute formal agreements
15 May 2015 Despatch Notice of Meeting
22 May 2015 Lodge Prospectus
17 June 2015 Meeting of Shareholders
22 June 2015 Closing date of Capital Raising under Prospectus
3 July 2015 Complete Acquisition
17 July 2015 Re-instatement to trading on ASX 22 July 2015

CCC. 6/08/14. Okap
Now in Business rescue
Non-renounceable pro-rata rights issue to raise circa A$35.1m at an offer price of A$0.005 per new share (“Offer”) • The Offer will be fully underwritten with an underwriting agreement to be executed prior to lodgement of a prospectus in respect of the Offer (“Prospectus”) • The Offer has received strong support from institutional and sophisticated investors in Australia, Europe and South Africa as well as a number of commodity trading groups and specialist coal mining investment funds • A priority sub-underwriting agreement in respect of $25m of any shortfall under the Offer (“Shortfall”) has been executed and general sub-underwriting agreements for an additional $10.1m of the Shortfall also having been executed

BMZ. Okap
Suspended for ASx breaches

RightsIssue announced, Appendix 3B and s708AA Notice 13 August 2015 Notice sent to Eligible Shareholders
13 August 2015 Shares trade on ‘ex’ entitlement basis, rights trading commences on a deferred settlement basis
17 August 2015 Record date
19 August 2015 (5pm WST) Completion of dispatch of offer documents and entitlement and acceptance form to shareholders
24 August 2015 Rightstrading ends
26 August 2015 Shares quoted on a deferred settlement basis
27 August 2015 Closing Date 2 September 2015 Notification ofshortfall
7 September 2015 Allotment of new shares and dispatch of holding statements to shareholders and deferred settlement trading ends. Company to confirm all information required by the Appendix 3B

ARK. (AIW before name change. Ever relisted after consol. Now delisted for not paying listing fees) Okap

1. Deposit of US$1 million (already paid) 2. On or before
31 December 2014 a payment of US$1 million which has been paid. AusROC acquired a 1.50% interest in Shenglong. 3. On or before 15 January 2015, payment of US$0.5 million. AusROC will upon payment, have acquired 1.88% of Shenglong. 4.
On or before 31 January 2015, payment of US$4 million. AusROC will upon payment, have acquired 4.88% of Shenglong in total, and will also take management control of the project and Company - and be entitled to a 77.58% interest in all profits of Shenglong moving forward. 5.
On or before 28 February 2015 a payment of US$5 million. AusROC will have acquired 8.63% of Shenglong. 6. On or before 15 April 2015 a payment of US$5 million. AusROC will have acquired 12.38% of Shenglong. 7.
On or before 15 June 2015 a payment of US$5 million. AusROC will have acquired 16.13% of Shenglong. 8.
On or before 31 August 2015 a payment of US$5 million. AusROC will have acquired 19.88% of Shenglong. 9.
On or before 30 October 2015 a payment of US$5 million. AusROC will have acquired 23.63% of Shenglong

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KIWI

forget about the timetable. OKAP never delivers on time.

The question is will they obtain the funding?

Nothing to suggest that funding will not be obtained soon for CTR, BMZ and IGS. Just be patient mate.

Both CTR and IGS are trading on the ASX. BMZ is only a week or two away from relisting. All is good. Lets hope that fortune changes for all shareholders. The gold bullion venture if still a goer is now a year away.

I repeat that i only have a financial interest in IGS. Suggest posters and mums and dads do their own research as i am not promoting any OKAP company.

IGS Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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