OT: Interesting approach to prevent SP downward spiral ....

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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luker

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OT: Interesting approach to prevent SP downward spiral ....

posted on Nov 28, 2013 11:03AM

BRISBANE, AUSTRALIA--(Marketwired - Nov 28, 2013) - Orocobre Limited (ORE.AX)(ORL.TO) ("Orocobre" or "the Company") wishes to advise that due to a potential four month trading restriction applicable to Canadian resident investors under Canadian securities laws in respect of shares issued by the Company to such investors, the Company has agreed not to allocate shares to Canadian applicants under its recently announced placement on the ASX. This has reduced the placement to A$30m (14,296,771 shares per the Appendix 3B released 21 November).

http://finance.yahoo.com/news/orocobre-limited-30-million-placement-061915811.html

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