Share Purchase Plan Closing Friday 25 October
Perth, Oct 23, 2013 AEST (ABN Newswire) - Australian based iron ore development company, Kogi Iron Limited (
ASX:KFE) ("Kogi Iron" or the "Company") advises shareholders that the Share Purchased Plan ("SPP") that was announced on Wednesday 25 September 2013 will close this coming Friday 25 October 2013 at 5pm WST.
The SPP entitles eligible shareholders of the Company to purchase up to $15,000 of fully paid ordinary Kogi Iron shares at the price of $0.09 per share, free from all brokerage and commission.
To be eligible to participate in the SPP, shareholders were required to be registered as a holder of shares, with a registered address in Australia and New Zealand as at 5pm Western Standard Time (WST) on 24 September 2013.
Eligible shareholders that would like to participate in the SPP and have not yet received an SPP application form and plan details are encouraged to immediately contact Kogi Iron's Company Secretary - Mr. Shane Volk via e-mail shane.volk@kogiiron.com, or telephone (08) 9200 3456 to obtain replacement documentation which will enable participation.
Funds raised through the SPP will be used for costs associated with completing the Company's Agbaja Project Scoping Study and for working capital purposes.
About Macro Metals Limited
Macro Metals Limited is an ASX-listed company (ASX:M4M) with the intent to build a cast steel plant on the Agbaja Plateau in Kogi State, Nigeria. The project will utilise company leased iron ore deposits and will supply a cast steel feedstock to steel manufacturing and product fabricators in Nigeria and overseas.
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