Placements::PROPOSED PLACEMENT OF UP TO 285,000,000 NEW ORDINARY SHARES - RECEIPT OF APPROVAL IN-PRINCIPLE

Issuer & Securities

Issuer/ Manager
GOLDEN ENERGY AND RESOURCES LIMITED
Securities
GOLDEN ENERGY AND RESOURCESLTD - SG1AI1000008 - AUE
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
03-Mar-2022 07:28:06
Status
New
Announcement Sub Title
PROPOSED PLACEMENT OF UP TO 285,000,000 NEW ORDINARY SHARES - RECEIPT OF APPROVAL IN-PRINCIPLE
Announcement Reference
SG220303OTHRDXE8
Submitted By (Co./ Ind. Name)
Lai Kuan Loong, Victor
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Please see attached.

Additional Details

Capital Amount-Old
USD 1,230,107,000
Capital Amount-New
USD 1,294,415,000
No. of Existing Outstanding Shares
2,353,100,380
New Shares Issued
285,000,000
Offer Price
SGD 0.305

Attachments

20220303 GEAR_Annc_2022 Share Placement_AIP.pdf
Total size =100K