31 May 2016
IMX AND GRAPHEX COMPLETE AGREEMENT FOR SALE OF CHILALO GRAPHEX LISTING SET FOR 14 JUNEIMX Resources Limited (ASX: IXR) ('IMX' or the 'Company') is pleased to advise that the conditions precedent to the sale of the Chilalo Graphite Project (and other graphite tenements) to Graphex Mining Limited ('Graphex') have been satisfied.
As a result, the in-specie distribution of Graphex shares to IMX shareholders and the issue of Graphex shares to subscribers under the initial public offering can now take place. A timetable for the listing of Graphex is set out below, with a proposed date of 14 June 2016 for commencement of trading on the ASX. Graphex has been assigned the ASX code: GPX.
Event | Date |
Completion of Acquisition Agreement | 30 May 2016 |
Ex-date for In-specie Distribution | 3 June 2016 |
Record date for In-specie Distribution | 6 June 2016 |
Completion of In-specie Distribution | 7 June 2016 |
Issue of Shares and Loyalty Options under the Offers | 8 June 2016 |
Despatch of holding statements | 8 June 2016 |
Expected date for Shares to commence trading on ASX | 14 June 2016 |
PHIL HOSKINS
Managing DirectorFor further information, please contact: Phil Hoskins - Managing Director Tel: +61 8 9388 7877 Media Michael Weir & Richard Glass - Citadel-MAGNUS Tel: +61 8 6160 4900 | Stuart McKenzie - Commercial Manager and Company Secretary Tel: +61 8 9388 7877 |
Joint Lead Managers Palladion Partners Rod Clarkson Tel: + 61 2 9002 5415 | RM Corporate Finance Nathan Barbarich Tel: + 61 (0) 403 185 194 |
IMX Resources Ltd. published this content on 31 May 2016 and is solely responsible for the information contained herein.
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Original documenthttp://imxresources.com.au/1590-2/
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