News Column

Minbos Resources Limited - Renounceable Entitlement Offer, Nominee

June 24, 2014



ENP Newswire - 24 June 2014

Release date- 20062014 - Minbos Resources Limited ACN 141 175 493 (ASX: MNB) announced on 11 June 2014 that it is seeking to raise up to approximately $1,752,894 through a pro rata renounceable entitlement offer of two fully paid ordinary shares in the capital of the Company for every one Share held by eligible shareholders on 18 June 2014 at an issue price of $0.003 per Share.

Eligible shareholders will comprise those shareholders with a registered address in Australia and New Zealand.

The Company has appointed CPS Capital Pty Ltd (Nominee) as nominee to sell the rights to subscribe for new Shares pursuant to the Offer Document (Entitlements) to which ineligible shareholders are entitled. The Nominee will have the absolute and sole discretion to determine the timing and price at which the Entitlements may be sold and the manner of any such sale.

The Company announced on 13 June 2014 that the Company would appoint a nominee approved by ASIC, however the Offer does not require ASIC approval of the nominee and accordingly the Company has appointed the Nominee who does not have the approval of ASIC.

Contact:

Paige Exley

Company Secretary

Minbos Resources Limited

Tel: +61 (0) 8 6102 7724

Email: paige@eventide.com

Media

David Ikin

Professional Public Relations

Tel: +61 (0) 8 9388 0944

Email: david.ikin@ppr.com.au

About Minbos

Minbos Resources Limited (ASX:MNB) is an ASX-listed exploration and development company focused on phosphate ore within the Cabinda Province of Angola and the adjoining areas of the far western DRC. Through its subsidiaries and joint ventures, the Company is exploring over 400,000ha of highly prospective ground hosting phosphate ore.

Minbos is focusing on the development of the high grade Cacata project in Cabinda, whilst growing its current resource base in incremental stages on the remaining deposits the area.

The Company's strategy is to specifically target the exploration and development of low cost fertiliser-based commodities in order to tap into the growing global demand for fertilisers. Phosphate is an essential component in certain agricultural fertilisers, with the market supported by the increasing global demand for food and bio-fuel products. For more information, visit www.minbos.com


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Source: ENP Newswire


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