Hazelwood Resources Ltd is pleased to advise that its 3-for-one pro-rata renounceable entitlement issue to existing eligible shareholders at
an issueprice of $0.02 per share to raise up to approximately $15,819,321 (before costs) (“Entitlement Issue”) closed on 9 November 2012. The Company received total applications in excess of the minimum subscription amount of $10 million.
* Entitlement Issue closes, raising $8m. Shortfall Offer continues to receive support
* Funds to be used to commence production and first sales of ferrotungsten
* Drilling rig mobilised to Cookes Creek to test nickel and base metal targetsMORE
HAZELWOOD RESOURCES LTD (HAZ)
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