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Message: Kimber files Form F-3 shelf registration for future financings in US

Kimber files Form F-3 shelf registration for future financings in US

posted on Jun 04, 2008 02:17PM

$20 million

VANCOUVER, June 4 /CNW/ - Kimber Resources Inc. (AMEX:KBX, TSX:KBR) has today filed a Form F-3 registration statement with the United States Securities and Exchange Commission. This filing, when it becomes effective, will allow the Company to make offerings of common shares (the "Equity Securities") up to an aggregate initial offering price of US$20,000,000 in the United States for an indefinite period from the time the registration statement becomes effective. Equity securities may be offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf registration supplement. The net proceeds from the sale of the Equity Securities will be used for exploration of the Company's Monterde, Pericones and Setago properties, advancement of the Carmen deposit and for general corporate purposes, including funding potential future acquisitions and capital expenditures. The Equity Securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Equity Securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

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