Issue of Placement shares and Options
Issue of Placement shares and Options
Adelaide, May 9, 2018 AEST (ABN Newswire) - Core Exploration Limited (ASX:CXO) is pleased to announce that it has issued 26,415,094 fully paid ordinary shares as announced on 7 May 2018. The Company has issued the Shares to Ya Hua International Investment and Development Co. Ltd under a share placement raising $1,400,000 (before costs).

Core has also issued 500,000 unquoted options as consideration for investor relations services to Cannings Purple. The unquoted options have an exercise price of $0.10 and expiry of 9 May 2020 and have been issued under the Company's 15% placement capacity under Listing Rule 7.1.

An Appendix 3B seeking quotation of the shares is attached to this announcement (see link below).

To view the release, please visit:
http://abnnewswire.net/lnk/J6W7PJ02


About Core Exploration Ltd

Core Exploration ASX:CXOCore Exploration Ltd (ASX:CXO) aims to grow shareholder value through the exploration for and discovery of commercially robust base metal and uranium deposits in South Australia and the Northern Territory. Core Exploration's projects have been carefully acquired in geology which hosts world-class mines and within some of the most prospective geological terrains for base metals and uranium in Australia.

    


Contact

Jaroslaw (Jarek) Kopias
Company Secretary
Core Exploration Ltd
T: +61-8-7324-2987
E: info@coreexploration.com.au
WWW: www.coreexploration.com.au



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