Successful Completion of Share Purchase Plan
(Thomson Reuters ONE) - AIM RELEASE3 December 2009 Discovery Metals Limited Successful completion of Share Purchase Plan raises AUD$2.7MDiscovery Metals Limited ("Company") (ASX/BSE:'DML')(AIM:'DME') ispleased to announce the successful completion of its recent SharePurchase Plan (SPP). A total of $2.7M was raised, with approximately20% of the Company's shareholders accepting the offer to participate.Funds raised from the placement will be applied towards completingthe Company's Bankable Feasibility Study at the Boseto Copper Projectand for on-going corporate costs.Discovery Metals' Managing Director, Mr Brad Sampson said "It is verypleasing to see the interest shown by shareholders in the SPP. Ibelieve this reflects confidence in the Company's management andstrong recognition for the economic strength of the Boseto CopperProject." "We are now well placed to complete the Bankable Feasibility Studyin March 2010 and progress to the funding and project stage of theBoseto Copper Project."Shares have been allotted and statements of holding will bedespatched in due course by the Company's share registry.Enquiries:For further information contact:Discovery Metals LimitedBrad SampsonManaging DirectorTel: +617 3218 0200Fairfax I.S. PLCEwan Leggat / Laura LittleyTel: +44 (0)20 7598 5368Conduit PRJos Simson/Emily FentonTel: +44 (0) 20 7429 6603Mobile: +44 (0)7899 870 450Further information on the Company is available on its website:www.discoverymetals.com.au---END OF MESSAGE---This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 03.12.2009 - 07:00 Uhr
Sprache: Deutsch
News-ID 9176
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