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Niuminco Group Limited - Notice under section 708AA(2)(f) of the Corporations Act 2001 as modified by ASIC Class Order 08/35

May 28, 2014



ENP Newswire - 28 May 2014

Release date- 27052014 - This notice is given by Niuminco Group Limited ACN 009 163 919 under paragraph 2(f) of section 708AA of the Corporations Act 2001 as modified by ASIC Class Order 08/35.

NIU has announced that it will conduct a rights issue as defined in section 9A of the Act of ordinary shares in the capital of NIU without disclosure to investors under Part 6D.2 of the Act on the following terms and conditions:

Type of offer - non-renounceable.

Entitlements - issue of shares to Eligible Shareholders as at the Record Date.

Offer Price - half a cent per share.

Offer Ratio - one new share for every five shares held on the Record Date.

NIU states that, as at the date of this notice, it has complied with:

the provisions of Chapter 2M of the Act as they apply to NIU and

section 674 of the Act.

There is no information that is excluded information as at the date of this notice.

The issue of ordinary shares pursuant to the rights issue will have no effect on control of the Company except that the aggregate interest of Victoria Park Investments Pty Limited, Nepean Engineering Superannuation Fund Pty Limited and Wolin Investments Pty Limited in NIU's voting shares may increase from 26.04% to up to 29.037%.

Contact:

Niuminco Group Limited

Suite 50, 14 Narabang Way

Austlink Corporate Centre

Belrose NSW 2085

Australia

Tel: (02) 9450 0828

Fax: (02) 9450 0877

Email: info@niuminco.com.au


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Source: ENP Newswire


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