News Column

Rubianna Resources Limited Fully Underwritten Non-Renounceable Entitlement Offer

June 11, 2014

ENP Newswire - 11 June 2014

Release date- 10062014 - On 10 June 2014, Rubianna Resources Limited announced that the Company will be conducting a fully underwritten pro-rata non-renounceable entitlement offer to shareholders of 108,595,605 new shares on the basis of 1 new share for every 1 share held at the record date at $0.005 each to raise approximately $542,978.

The Entitlement Offer is being made pursuant to an offer document without disclosure in accordance with section 708AA of the Corporations Act, as modified by ASIC Class Order 08/35 (Offer Document). The Offer Document will be lodged with the ASX on 10 June 2014 and contains further information about how to take up your entitlement under the Entitlement Offer. The Offer Document will be available on the Company's website at and on the ASX website and be will be mailed to Shareholders after the Record Date.

Use of Funds from Entitlement Offer

The funds will be used by the Company for working capital purposes and to:

Review of new projects

Ongoing review, evaluation and exploration programs on existing projects

Meet the costs of the Offer

Overseas Shareholders

The Company is of the view that it is unreasonable to make the Entitlement Offer to shareholders outside of Australia and New Zealand having regard to:

The number of shareholders registered outside of Australia and New Zealand;

The number and value of the New Shares that would be offered to Shareholders registered outside of Australia and New Zealand and

The cost of complying with the legal requirements and requirements of regulatory authorities in the overseas jurisdictions.

Accordingly, the Company is not required to offer the New Shares to Shareholders registered outside of Australia and New Zealand.


Graeme Smith

Company Secretary

Rubianna Resources Limited

Tel: (08) 9382 8822

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Source: ENP Newswire

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