ASX 7.1A Notice, Cleansing Notice and Appendix 3B

Rules 4.7.3 and 4.10.31
Appendix 4G
Key to Disclosures Corporate Governance Council Principles and Recommendations

Aguia Resources Limited (ASX: AGR) (“Aguia” or “Company”) hereby provides notice to the ASX for the purposes of ASX Listing Rule 3.10.5A and ASX Listing Rule 7.1A.4(B) that on 8 September 2015 it issued 56,583,405 fully paid ordinary shares in the Company, of which 31,009,486 ordinary shares were issued in accordance with ASX Listing Rule 7.1A (“LR 7.1A Placement”). The 31,009,486 ordinary shares were issued at $0.17 per share, with a total of $5,271,612.62 in funds raised. Pursuant to the provisions of ASX Listing Rule 3.10.5A in which the issue of 31,009,486 ordinary shares shares was made under ASX Listing Rule 7.1A, the Company states that:

  • The 7.1A Placement of 31,009,486 ordinary shares represented 8.46% of the expanded ordinary shares on issue of the Company, resulting in a dilution to the existing holders of ordinary securities by that amount;
  • The share issue under ASX LR 7.1A was a private placement to sophicated and professional investors;
  • The Company considered the 7.1A Placement as the most efficient and expedient method for raising the funds required by the Company for its working capital purposes as the Company had completed a rights issue earlier in the year, giving all shareholders the opportunity to acquire additional shares;
  • The 7.1A Placement was not underwritten; and
  • Applications for the 31,009,486 ordinary shares issued under ASX LR 7.1A were made both directly and via a broker. Where applicable, a brokers’ fee of 4% of the total issue price of the shares was payable.

For and on behalf of the Board,

Andrew Bursill
Company Secretary