23 May 2014
Company Announcements Office
Australian Securities Exchange
10th Floor, 20 Bridge Street
Sydney NSW 2000
SHARE PURCHASE PLAN EXTENDED
The directors of Atlantic Gold NL (ASX:ATV) (Atlantic Gold or Company) wish to advise that the closing date of the Share Purchase Plan (SPP) announced on 7 April 2014 to fund the Company's working capital requirements leading to the proposed merger of the Company with TSX-V listed Spur Ventures Inc is to be extended from Friday 23 May
2014 (as previously extended, and as announced on 5 May 2014) until Tuesday 3 June
2014. Revised details of the SPP are as follows:
Share Purchase Price | 2.5 cents |
Record Date | Friday, 7:00 pm (Sydney time), 4 April 2014 |
Announcement Date | Monday 7 April 2014 |
Opening Date of Offer | Thursday 17 April 2014 |
Closing Date of Offer | Tuesday, 5:00 pm (Sydney time), 3 June 2014 |
Allotment of SPP securities | Tuesday 10 June 2014 |
Quotation and despatch of Holding Statements for SPP securities | Thursday 12 June 2014 |
The SPP provides each eligible shareholder with a registered address in Australia or New Zealand with the opportunity to subscribe for up to a maximum of $15,000 worth of new shares (ranking equally with existing fully paid ordinary shares) without incurring any brokerage or usual transaction costs. The SPP securities to be issued to participants will be included in the calculation of any consideration to be provided to Atlantic Gold's shareholders under the proposed merger transaction with Spur Ventures Inc.
Participation in the SPP is entirely voluntary. SPP receipts will be capped at $1.0 million. Any scale-back will be undertaken by the Company to the extent and in the manner it sees fit.
All Directors have subscribed to the SPP to the maximum allowable.
The original offer and the SPP terms and conditions, along with details of the proposed merger transaction with TSX-V listed Spur Ventures Inc as announced on 7 April 2014, were mailed to all eligible shareholders of the Company at the opening of the offer.
Atlantic Gold reserves the right to alter the above timetable at its discretion. Changes to the timetable will be notified to ASX.
Wally Bucknell
Managing Director
Suite 506
815 Pacific Highway
Chatswood NSW 2067
Australia
t (612) 9410 0993 f (612) 9410 0958
Atlantic Gold NL
ABN 82 062 091 909 www.atlanticgold.com.au
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