Each one in plain English, with the numbers worked through for a shareholder.
7 Nov 2013capital raising announcement● Neutral
Cover letter to shareholders on the rights issue: 4c per share, about $5.51M, of which about $430,651 goes on offer costs. Patersons underwrites up to $2.5M; Halcyon to place up to about $3M of any shortfall. No new substance.
7 Nov 2013capital raising announcement● Neutral
Prospectus lodged for the one-for-two rights issue at 4c, raising up to about $5.51M, with a free 8c option (expiring 31 March 2015) per new share. Patersons partially underwrites; closes 4 December 2013. Formalises the 31 October proposal.
31 Oct 2013capital raising announcement● NeutralMajor
Manas proposes a partially underwritten one-for-two rights issue at 4c to raise about $5.5M, with a free 8c option per share expiring March 2015. The issue price is well below the 8c share price in May. Funds go to Shambesai development.
2 Apr 2013capital raising announcement● NeutralMajor
Manas finalises a $5.1M placement of 51M shares at 10c, managed by Blackwood Capital: $3.4M first, $1.7M after a shareholder meeting. Funds go to the Shambesai environmental study, camp, roads and drilling. Cash is to exceed $9M; feasibility study due June quarter.
What it means for a shareholder
51.0m new shares at $0.100 to raise about $5.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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30 Sept 2011capital raising announcement▲ GoodMajor
Underwriters BW Equities, Blackwood and Macquarie will take up unexercised 20c options, covering up to $10M, for an 8% fee. Perseus, the largest holder, will sub-underwrite to hold about 23.86%. Cash is to exceed $16M, funding feasibility and development.
10 Dec 2010capital raising announcement▲ GoodMajor
Raises $11.5M via 57.5M shares at 20c, above the 19c close, to fund Shambesai feasibility, development and exploration. Asian Lion and Lion Selection join as cornerstones; Macquarie and Perseus take part. Tranche 1 ($2.68M) settles soon; $8.82M tranche needs shareholder approval. Resolves the thin-cash concern.
What it means for a shareholder
57.5m new shares at $0.200 to raise about $11.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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28 July 2009capital raising announcement● Neutral
Administrative notice: 6,873,333 shortfall shares allotted at $0.10, bringing total rights-issue shares to 18.78M and shares on issue to 118.3M. Cash is $6.5M. No new substance beyond completing the raising.
24 July 2009capital raising announcement● Neutral
Administrative notice: first 11,910,001 rights shares allotted and holding statements sent, lifting shares on issue to 111.4M and cash to $6.4M. The remaining 7,923,333 shortfall shares are to follow shortly. No new substance.
21 July 2009capital raising announcement● Neutral
The one-for-three rights issue closed with 60% take-up (11.9M shares). Underwriters Patersons and Blackwood take 6.42M of the 7.92M shortfall shares and directors plan to place the remaining 1.5M, completing the roughly $6M raising at $0.10. Resolves the open rights outcome.
15 July 2009capital raising announcement▲ GoodMajor
The $4M placement was completed after shareholders approved it on 8 July 2009: 40M shares at $0.10, taking shares on issue to 99.5M. Cash is $5.3M. Six rigs are running or arriving, with first results expected in August 2009.
What it means for a shareholder
40.0m new shares at $0.100 to raise about $4.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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2 July 2009capital raising announcement● Neutral
Administrative notice confirming the rights issue offer document was despatched to shareholders. No new substance.
22 June 2009capital raising announcement● Neutral
Offer document for the one-for-three rights issue at $0.10 to raise up to $1,983,333, open 2 to 16 July 2009. Blackwood and Patersons underwrite $500,000 each. This details the rights part of the 4 June raising; no new terms.
4 June 2009capital raising announcement▲ GoodMajor
Manas arranged a $6M raising at $0.10 per share: a $4.0M placement of 40.17M shares plus a one-for-three rights issue for about $2M. A free one-for-two $0.20 option is to follow. Funds go mainly to drilling to grow the 875,000-ounce resource.
22 July 2008capital raising announcement▲ GoodMajor
Manas listed on ASX on 22 July 2008 after an oversubscribed $6 million IPO. It holds 100% of nine Kyrgyz gold projects (except the Savoyardy JV with Kentor), with an Obdilla resource of about 485,000 ounces. Shambesai drilling is underway.
