5 Jun 2018 07:00
PRAIRIE MINING LIMITED
NEWS RELEASE | 5 JUNE 2018 | ASX/LSE/WSE: PDZ
Becoming a substantial holder
On 5 June 2018, Prairie Mining Limited (Company) was notified via the filing of a Form 603 with ASX that CD Capital Natural Resources Fund III LP (CD Capital) had provided notice of initial substantial holder (as defined by the Corporations Act 2001) of the Company as of 30 May 2018, following the conversion of a convertible loan note with a principal amount of A$15,000,000, exchangeable into 44,776,120 ordinary shares. CD Capital now holds 44,776,120 ordinary shares, representing 17.43% of the Company's issued share capital.
For further information please contact:
Prairie Mining Limited | Tel: +44 207 478 3900 |
Ben Stoikovich, Chief Executive Officer | Email: info@pdz.com.au |
Sapan Ghai, Head of Corporate Development |