Shortfall Placement & Appendix 3B
Shortfall Placement & Appendix 3B
Perth, July 8, 2016 AEST (ABN Newswire) - Taruga Gold Limited (ASX:TAR) ("Taruga" or the "Company") confirms 8,885,885 new fully paid shares have been issued under the Shortfall Placement of $0.03 per new share (Shortfall Shares), following the Company's two (2) for three (3) non-renounceable rights issue (Rights Issue) announced to the market on 7 June 2016. Total applications for 8,885,885 New Shares raising gross proceeds of $ 266,577 before fees was received.

The new shares were allotted on 7 July 2016, and will be quoted on the ASX on or about 11 July 2016.

The total number of Ordinary Shares on issue following the Rights Issue Shortfall Placement is 70,389,519.

About Taruga Minerals Limited

Taruga Minerals LtdTaruga Minerals Limited is a mineral exploration company listed on the Australian Securities Exchange (ASX:TAR) with a focus on acquiring and developing highly prospective Gold, Copper and precious metals exploration projects in Australia. Taruga's highly experienced management team led by Mr Mark Gasson and key advisors Ashanti Capital, has provided the Company with exposure to the exciting, under explored, High-Grade Flinders Copper-Gold-Silver Project on the margin of the Gawler Craton, South Australia. Taruga has an exclusive, 12-month option to acquire the Flinders Project from Strikeline Resources Pty Ltd.



Taruga Gold Ltd
T: +61-8-9486-4036

Related Companies

Taruga Minerals Limited

ABN Newswire This Page Viewed:  (Last 7 Days: 7) (Last 30 Days: 39) (Since Published: 3505)