PERTH, WESTERN AUSTRALIA--(Marketwired - March 9, 2015) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
Nevada Iron Ltd. (the "Company") (ASX:NVI)(TSX:NVR) is pleased to announce that it has files the following announcement with the ASX today:
On 9 March 2015, Nevada Iron Ltd. (Company) issued 557,210 fully paid ordinary shares for a total consideration of US$119,800 (Securities).
Secondary Trading Exemption
The Corporations Act 2001 (Act) restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A. By the Company giving this notice, sale of the Securities noted above will fall within the exemption in section 708A(5) of the Act.
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;
as at 9 March 2015 the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and
as at 9 March 2015 there is no information:
that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
the rights and liabilities attaching to the Securities.
Yours faithfully
Michael Higginson, Company Secretary
To view this announcement please click the link below:
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