Merlin Diamonds Limited

Equities

MED

AU000000MED4

End-of-day quote Australian S.E. Other stock markets 11:01:21 28/09/2018 am IST			5-day change	1st Jan Change
0.006 ^AUD	+20.00%		+20.00%	-.--%

2019	Merlin Diamonds Limited Announces Resignation of Peter Lee as Company Secretary	CI
2018	Merlin Diamonds Limited announced that it has received AUD 0.518 million in funding	CI

Merlin Diamonds : Rights Issue – 05/01/2017

January 05, 2017 at 12:02 pm IST

5 January 2017

ASX ANNOUNCEMENT

The Company wishes to advise that it intends to offer ordinary shares and options to all shareholders under a non-renounceable pro-rata rights issue. The rights issue will be on the basis of 1 new share with ½ option for every 2 shares on issue at the record date. The price of the new share with an attaching option will be 1.3 cents and the option will have an exercise price of 1.3 cents.

The rights issue will be fully underwritten by Triple C Consulting Stockbrokers Pty Ltd.

The Company is currently preparing a disclosure document and will advise the exact timetable shortly.

Current optionholders will be provided the opportunity to exercise their options in order to participate in the rights issue.

Merlin Diamonds Limited ABN 86 009 153 119 Level 1A, 42 Moray Street Southbank VIC 3008 T: +61 3 8532 2858 F: +61 3 8532 2805

W: www.merlindiamonds.com.au E: info@merlindiamonds.com.au

Merlin Diamonds Limited published this content on 05 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 January 2017 06:32:11 UTC.

Original documenthttp://www.merlindiamonds.com.au/resources/i/Rights-issue.pdf

Public permalinkhttp://www.publicnow.com/view/A09011D6D9CAF47F757593A93A0B9A4B16B0D19D

Latest news about Merlin Diamonds Limited

Merlin Diamonds Limited Announces Resignation of Peter Lee as Company Secretary	15/19/15	CI
Merlin Diamonds Limited announced that it has received AUD 0.518 million in funding	08/18/08	CI
Merlin Diamonds Limited Auditor Raises 'Going Concern' Doubt	07/18/07	CI
Merlin Diamonds Limited Provides Update on Merlin Diamond Mine	31/18/31	CI
Merlin Diamonds Limited announced that it has received AUD 0.6 million in funding	26/18/26	CI
Merlin Diamonds Limited to Double Ore Processing Capacity with New Scrubber	23/18/23	CI
Merlin Diamonds Appoints Joseph Gutnick as Executive Chairman	08/18/08	CI
Merlin Diamonds Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2017	15/18/15	CI
Merlin Diamonds Limited announced that it has received AUD 2.027 million in funding	20/17/20	CI
Merlin Diamonds Limited Reports Audited Consolidated Earnings Results for the Full Year Ended June 30, 2017	29/17/29	CI
Merlin Diamonds Limited Auditor Raises 'Going Concern' Doubt	29/17/29	CI
Merlin Diamonds Limited Provides Diamond Production and Pending Sales, as Well as Mine Development and Exploration Progress at Northern Territory, Australia	27/17/27	CI
Merlin Diamonds Limited Announces Commencement of 3,500 Metre Drilling Program at Merlin	12/17/12	CI
Merlin Diamonds Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2016	16/17/16	CI
Merlin Diamonds Limited announced that it has received AUD 1.5315 million in funding	22/16/22	CI
Merlin Diamonds Limited announced that it expects to receive AUD 1.88 million in funding	13/16/13	CI
Merlin Diamonds Limited Announces Progress Update at Merlin Diamond Mine	16/16/16	CI
Merlin Diamonds Limited announced that it has received AUD 4.63 million in funding from NRMZ Pty Ltd., Chabad Properties Pty Ltd.	03/16/03	CI
Merlin Diamonds Limited Announces Re-Commencement of Production at Merlin Diamond Mine	12/16/12	CI
Merlin Diamonds Limited announced that it expects to receive AUD 4.39 million in funding from NRMZ Pty Ltd, Chabad Properties Pty Ltd	06/16/06	CI
Merlin Diamonds Limited Announces Board Changes	08/16/08	CI
Merlin Diamonds Limited Reports Consolidated Earnings Results for the Half Year Ended December 31, 2015	16/16/16	CI
Merlin Diamonds Limited Announces Operating Results for the Quarter and Cash Flow Results for the Quarter and Six Months Ended December 31, 2015	01/16/01	CI
Merlin Diamonds Limited announced that it expects to receive AUD 10 million in funding.	27/15/27	CI
Merlin Diamonds Limited Auditor Raises 'Going Concern' Doubt	30/15/30	CI

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Company Profile

Merlin Diamonds Limited is engaged in diamond exploration and development in the Northern Territory, Australia. The Company is engaged in development activities at its Merlin diamond mine. The Company's Merlin Diamond Project comprises the Merlin Diamond Mine operations and the surrounding exploration tenements totaling approximately 2,154 square kilometers. The Merlin Diamond Project is located approximately 100 kilometers south of the settlement of Borroloola and comprises over 14 kimberlite pipes, grouped into approximately four clusters. The Company is also pursuing various exploration targets within the tenement holding surrounding the Merlin Diamond Project. The Company holds three mining licenses, M80/492, M80/526 and M80/532, in the North Kimberley region of Western Australia. The leases include the Ashmore and Seppelt diamondiferous kimberlites. The Company's Arnhem Land projects include a total of one granted exploration license (EL26206).

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