Each one in plain English, with the numbers worked through for a shareholder.
18 Oct 2013capital raising announcement● Neutral
Replacement offer document for the rights issue: about 15.64m shares at $0.027 (down from $0.0275) to raise up to about $422,275, underwritten by CPS. Offer opens 6 November and closes 15 November. Re-issue of terms already announced.
What it means for a shareholder
15.6m new shares at $0.027 to raise about $422,275. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Offer document for the 1-for-8 non-renounceable rights issue: about 15.64m shares at $0.0275 to raise up to about $430,095, underwritten by CPS Capital. Offer closes 15 November 2013 per this document. Formalises the August announcement.
What it means for a shareholder
15.6m new shares at $0.0275 to raise about $430,095. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
29 Aug 2013capital raising announcement● NeutralMajor
Meteoric will raise up to $746,345 at 2.75 cents a share: an 11.5m-share placement ($316,250) plus a 1-for-8 underwritten rights issue (about 15.6m shares, $430,095). CPS Capital is lead manager; underwriting agreement still being finalised.
What it means for a shareholder
15.6m new shares at about $0.0478 to raise about $746,345. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
21 Feb 2012capital raising announcement● NeutralMajor
Meteoric is placing 11,084,614 shares at $0.065 each to raise about $720k, mainly to fund Tibooburra drilling and working capital. This lifts issued shares to 85.1m and cash plus liquid investments to $1.5m after costs.
What it means for a shareholder
11.1m new shares at $0.065 to raise about $720,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
27 Jan 2011capital raising announcement● NeutralMajor
Meteoric places 6,000,000 shares at $0.15 to raise $0.9m via CPS Securities, with 4,000,000 free contributing shares attached. Cash and investments will be $2.1m after costs. Funds go to Coorara iron drilling and working capital.
What it means for a shareholder
6.0m new shares at $0.150 to raise about $900,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
15 Oct 2009capital raising announcement▲ GoodMajor
Meteoric agrees to place 9,310,000 shares at $0.20 (about $1.8m) with Indian Ocean Capital, up from $0.15 in September. A further 4,655,000 contributing shares need AGM approval. Cash and liquid investments reach $3.3m after costs.
What it means for a shareholder
9.3m new shares at $0.200 to raise about $1.8m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Administrative notice that the 7,500,000 shares at $0.15 are issued, with net proceeds of $1,125,000. A further 3,750,000 contributing shares depend on shareholder approval at the AGM. No new information.
What it means for a shareholder
7.5m new shares at $0.150 to raise about $1.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Meteoric agrees to place 7,500,000 shares at $0.15, about $1.1m, with one contributing share for every two shares subscribed, subject to shareholder approval. This is almost three times the April price of $0.055. Cash and investments reach $1.8m.
What it means for a shareholder
7.5m new shares at $0.150 to raise about $1.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Administrative notice that the 6,618,182 shares at $0.055 (net $364,000) announced on 6 April are being issued, with the usual secondary-sales disclosure statement. No new information.
What it means for a shareholder
6.6m new shares at $0.055 to raise about $364,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Meteoric placed 6,618,182 shares at $0.055 to raise $364,000, lifting cash and liquid investments to just over $1m. Funds are mainly for Webb gold and Robinson Range iron exploration. Fully paid shares on issue rise to 50,815,290.
What it means for a shareholder
6.6m new shares at $0.055 to raise about $364,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
23 Feb 2006capital raising announcement● NeutralMajor
Placed 2,786,000 fully paid shares at $0.33 and 928,666 contributing shares at $0.05, raising $965,813. Cash and liquid investments will be about $3 million. Funds go mainly to Harrods drilling: 3,000m close-spaced RC plus RAB programmes starting early March.
What it means for a shareholder
2.8m new shares at $0.330 to raise about $965,813. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
