Sydney, May 19, 2008 AEST (ABN Newswire) - A shareholder communications service has been established to assist Tamaya Resources (ASX:TMR)(PINK:TMAYF) shareholders (on the register of members at the record date of 30 April 2008) interested in the Company's Share Purchase Plan (SPP).
Interested Tamaya shareholders can call (02) 8256 3390 for assistance and information.
Applications and payment must be received by the share registry, Computershare Investor Services Pty Limited, by no later than 5.00pm EST time on 26 May 2008. Alternatively, you can BPAY the funds as explained on the application form. For payments by BPAY, shareholders do not have to return the application form.
New shares under the SPP will be issued at 11.5 cents per share, a 12% discount to the closing share price on 30 April 2008 and 15% discount to the volume weighted average share price for the 5 trading days to 30 April 2008. Shareholders will incur no brokerage costs.
Tamaya shareholders eligible for the SPP may apply for a parcel of up to 43,479 shares at 11.5 cents per share (ie a maximum of $5,000.00 in value).
The SPP will allow shareholders to acquire shares at a discount at a time when Tamaya has delivered successive increases in annual profits and is set to benefit from strong production growth in Chile and increasing cash flows during a period of buoyant copper prices.
The timetable for the offer of shares under the SPP is as follows:
Date EventWednesday 30 April 2008 Record date (for determining entitlements under SPP)Tuesday 6 May 2008 SPP openedMonday 26 May 2008 SPP closes at 5.00pm ESTThursday 29 May 2008 Allotment of sharesMonday 2 June 2008 Allotment notices dispatched to shareholders
Contact
Hugh Callaghan
Executive Chairman
Tamaya Resources Limited
Media:
Fortbridge
Bill Kemmery
Tel: +61 (0) 400 122 449
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