11 slides from St. George Mining's investor presentation, Aug 8, 2011
Slide 1: Investor Presentation – Capital Raising
ASX / MEDIA RELEASE For personal use only 8 August 2011 INVESTOR PRESENTATION – CAPITAL RAISING St George Mining Limited advises that the attached presentation on it’s recently announced Capital Raising Program has been made available to investors. For more information contact: John Prineas Executiv
Slide 2: Capital Raising
Capital Raising For personal use only August 2011
Slide 3: Capital Raising Program
Capital Raising Program For personal use only Highlights: 1 for 5 non-renounceable entitlement issue of shares 15 cents per new share 3 for 2 free options attaching to new shares Raises $1.575 million (upon full subscription) BurnVoir Corporate Finance to lead manage the program
Slide 4: Raising Objective
Capital Raising Objective For personal use only Funding for Exploration: Drilling of high priority gold targets at East Laverton Drilling of gold discovery at Pine Creek Test work for rare earths and uranium at Pine Creek Regional exploration at East Laverton and Pine Creek Strengthen Balance Sheet:
Slide 5: Entitlement Issue – New Shares
Entitlement Issue – New Shares For personal use only New Shares: 1 for 5 non-renounceable entitlement issue Up to 10,500,000 million new shares at 15 cents each Issue price is: 19% below the 30 day volume weighted price of SGQ 23% below the closing price on the day of announcement (2 Aug) New shares
Slide 6: Free Options - Terms
Free Options - Terms For personal use only Option Terms: 3 options for every 2 new shares taken under the entitlement issue Options issued at zero cost Exercise price of 20 cents each Expiry date of 28 November 2014 To be listed on ASX
Slide 7: Use of Funds
Use of Funds For personal use only Use of Funds Full Subscription Minimum Subscription Amount (A$) Amount (A$) Exploration at East 700,000 500,000 Laverton Exploration at Pine Creek 300,000 200,000 Working Capital 497,930 22,930 Expenses of Issue 77,070 77,070 TOTAL 1,575,000 800,000
Slide 8: Structure
Capital Structure For personal use only Pre-Capital Raising: 52,500,000 ordinary shares No options Post-Capital Raising: 63,000,000 ordinary shares 15,750,000 options Performance Shares: 100 performance shares issued to foundation shareholders with potential to convert into 10,000,000 ordinary share
Slide 9: Timetable
Timetable For personal use only Date Event 5 August 2011 Lodgment of Prospectus at ASIC 8 August 2011 Notice sent to Shareholders 10 August 2011 Ex-date for Entitlements Issue 16 August 2011 Record date for Entitlement Issue 17 August 2011 Prospectus sent to shareholders 31 August 2011 Closing date
Slide 10: Prospectus
Prospectus For personal use only Please refer to the Entitlement Issue Prospectus dated 5 August 2011 for full details of the Entitlement Issue.
Slide 11: Disclaimer
Disclaimer For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of St George Mining Limited (ASX:SGQ) and its projects, are forward looking statements: -may include, among other things, statements regarding