JRV 5.00% 19.0¢ jervois mining limited

placement 100mil shares at 1.3

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    LEVEL 20, 114 WILLIAM STREET, MELBOURNE, VICTORIA 3000 www.jervoismining.com.au
    Telephone: (03) 9670 3766 Facsimile: (03) 9670 3691 Email: [email protected]
    JERVOIS MINING LIMITED
    A.B.N. 52 007 626 575
    22 February, 2008
    Australian Stock Exchange Limited
    Exchange Centre
    Level 10
    20 Bond Street
    Sydney NSW 2000
    ASX ANNOUNCEMENT
    Re: Share Placement – Disclosure Notice
    The Company has agreed to place 100.0 million ordinary shares to Collins St. Securities
    Pty.Ltd. at 1.3 cents per share to raise $1.3 million. The fee payable for this transaction is
    $65,000 (or 5%). These shares will be used pursuant to chapter 7 of ASX Listing Rules (15%
    Rule).
    The new capital raising was necessary for expense requirements associated with the Nyngan
    scandium development and for working capital.
    In relation to the issue of Ordinary Shares the Directors advise as follows in relation to relief
    under Section 708(A)(5)(e) of the Corporation Act:
    • the shares were issued without disclosure to investors under Part 6D.2 of the
    Corporations Act;
    • the Company has complied with the relevant provision of Chapter 2M and Section 674 of
    the Corporations Act as they apply to the Company: and
    • all information of the kind that would be required under Section 708A(7) and (8) of the
    Corporations Act has previously been disclosed by the Company
    Duncan Pursell,
    Managing Director
 
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19.0¢
Change
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Mkt cap ! $121.9M
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19.5¢ 20.0¢ 18.5¢ $51.08K 264.7K

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