News Column

Venus Metals Corporation Limited - Private Placement

August 18, 2014



ENP Newswire - 18 August 2014

Release date- 15082014 - Venus Metals Corporation Limited is pleased to advise that it has received applications for a private placement of 5,385,000 shares at A$0.22 per share to raise A$1,184,700 before costs.

The Placement will complete immediately after all the funds are received and cleared.

The placement of shares will be undertaken utilising the Company's 15% capacity under ASX Listing Rule 7.1. Accordingly, the Placement will be made without shareholder approval. The shares when issued under the Placement are fully paid ordinary shares in Venus ranking equally with existing shares.

The proceeds raised under the Placement will be used by Venus for:

Exploration drilling at Copper Hills Project and

General working capital purposes.

Contact:

Venus Metals Corporation Limited

Matthew Hogan

Managing Director

Tel: (08) 9321 7541

Kumar Arunachalam

Executive Director

Tel: (08) 9321 7541


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Source: ENP Newswire


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