http://media.wotnews.com.au/asxann/01181381.pdf Echo Resources - Cleansing Statement Tue, 17 May 2011 12:24:00 +1000 56 minutes ago 17 May 2011 CLEANSING STATEMENT - PLACEMENT On 16 May 2011, Echo Resources Limited (ASX:EAR, ?Company?) issued a total of 6,136,364 fully paid ordinary shares at a price of 22 cents per Share pursuant to a placement to institutional and sophisticated investors (Placement Shares), as announced on 16 May 2011. In accordance with the requirements of section 708A(5)(e) of the Corporations Act 2001 (Act), under which this notice is given, the Company confirms that: 1. 2.
the Placement Shares are part of the class of ordinary shares quoted on the ASX; the Company issued the Placement Shares without disclosure to investors under Part 6D.2 of the Act, in reliance on section 708; as at the date of this notice: (a) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company; the Company has complied with section 674 of the Act (as it applies to the Company); and 3. (b) 4. as at the date of this notice there is no excluded information (as that expression is defined in sections 708A(7) and 708A(8) of the Act) in relation to the Company.
Graham Anderson Director and Company Secretary Neither this notice nor the Appendix 3B is an offer of securities for sale in the United States. No security of Echo Resources Limited has been registered under the United States Securities Act of 1993 (U.S. Securities Act), and no such security may be offered or sold in the United States absent registration under the U.S.
Securities Act and applicable state securities laws or an exemption from registration under the U.S. Securities Act and such laws.. ---------
Echo Resources New issue announcement Tue, 17 May 2011 12:24:00 +1000 57 minutes ago ARule 2.7, 3.10.3, 3.10.4, 3.10.5 Appendix 3B New issue announcement, application for quotation of additional securities and agreement Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX?s property and may be made public. Introduced 1/7/96.
Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity ECHO RESOURCES LIMITED ABN 34 108 513 113 We (the entity) give ASX the following information.
Part 1 - All issues You must complete the relevant sections (attach sheets if there is not enough space). 1 +Class of +securities issued or to be issued Fully Paid Ordinary Shares 2 Number of +securities issued or to be issued (if known) or maximum number which may be issued 6,136,364 3 Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) Fully Paid Ordinary Shares + See chapter 19 for defined terms. 1/1/2003 Appendix 3B Page 1 4 Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:  the date from which they do  the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment  the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment Yes 5 Issue price or consideration $1.35M (22 cents each) 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) Funds will be used for exploration drilling program and working capital.
7 Dates of entering +securities into uncertificated holdings or despatch of certificates 16 May 2011 8 Number and of +securities quoted on ASX (including the securities in clause 2 if applicable) +class Number all 72,200,654 +Class Fully Paid Ordinary Shares 9 Number and of +securities not quoted on ASX (including the securities in clause 2 if applicable) +class Number all 2,250,000 +Class Options exercisable at 40 cents each expiring 26 November 2011 Options exercisable at 40 cents each expiring 29 January 2012 200,000 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital .... QUELLE WOTNEWS
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