30 June 2014
Company Announcements Office
Australian Securities Exchange
Level 6, 20 Bridge Street
SYDNEY NSW 2000
Via E Lodgement
Appendix 3B - Issue of Securities
Continental Coal Limited ("Continental" or the "Company") announces that it has
issued 40,000,000 fully paid ordinary shares in the capital of the Company in
lieu of financing costs relating to A$2m of the A$5m bridging finance facility
announced on 13 February 2014.
A full Appendix 3B in relation to the issue of these fully paid ordinary shares
is available from the Company's website at www.conticoal.com. The Company has
applied for the new shares to be admitted on both the ASX and AIM markets,
with the shares expected to be admitted to AIM on or around 3 July 2014.
Following the issue of these securities, the Company has the following total
number of securities on issue:
745,692,712 Ordinary Shares
65,679,134 Listed Options (exercise price $0.50, expiry 30/06/2015)
12,500,000 Unlisted Options (exercise price $0.2216, expiry 15/05/2015)
8,000,000 Unlisted Options (exercise price $0.20, expiry 16/07/2016)
13,950,893 Unlisted Options (exercise price $0.368, expiry 23/08/2016)
6,000,000 Unlisted Options (exercise price $0.057, expiry 06/12/2017)
5,000,000 Unlisted Options (exercise price $0.05382, expiry 18/12/2017)
15,000,000 Unlisted Options (exercise price $0.06, expiry 15/05/2016)
For and behalf of the Board
Paul D'Sylva
Interim Executive Chairman
For further information please contact:
Media (Australia)
David Tasker
Professional Public Relations
T: +61 8 9388 0944
Nominated Advisor
Oliver Morse and Trinity McIntyre
RFC Ambrian Limited
T: +61 8 9480 2500
Brokers
Jonathan Williams
RFC Ambrian Limited
T : +44 203 440 6817
About Continental Coal Limited
Continental Coal Limited (ASX:CCC/AIM: COOL) is a South African thermal coal
producer with a portfolio of projects located in South Africa's major coal
fields including two operating mines, the Vlakvarkfontein and Penumbra Coal
Mines, producing approx. 2Mtpa of thermal coal for the export and domestic
markets. A Feasibility Study was also completed on a proposed third mine, the
De Wittekrans Coal Project with a mining right granted in September 2013.
Forward Looking Statement
This communication includes certain statements that may be deemed
"forward-looking statements" and information. All statements in this
communication, other than statements of historical facts, that address future
production, reserve potential, exploration drilling, exploitation activities
and events or developments that the Company expects to take place in the future
are forward-looking statements and information. Although the Company believes
the expectations expressed in such forward-looking statements and information
are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially
from those in the forward-looking statements and information. Factors that
could cause actual results to differ materially from those in forward-looking
statements include market prices, exploitation and exploration successes,
drilling and development results, production rates and operating costs,
continued availability of capital and financing and general economic, market or
business conditions. Investors are cautioned that any such statements are not
guarantees of future performance and actual results or developments may differ
materially from those stated.
South Africa Australia
T +27 11 881 1420 F +27 862064487 W T +61 8 9488 5220 F +61 8 9324 3400 W
www.conticoal.com www.conticoal.com
9th Floor Fredman Towers, 13 Fredman Ground Floor, 1 Havelock Street, West
Drive, Sandton 2196 Perth, WA 6005
PO Box 787646, Sandton 2146 PO Box 684, West Perth, WA 6872
Interim Executive Chairman: Dr Paul D'Sylva Interim Executive Director: Mr
Peter Landau
Non-Executive Directors: Mr Connie Molusi and Dr Lars Schernikau