DOCUMENT NUMBER: 181171
Entitlement Offer Prospectus re Rox Limited
PART: C
DATE: 2000/7/10
MY CASINO LIMITED 2000-07-10 ASX-SIGNAL-G
HOMEX - Perth
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CHAIRMAN'S LETTER
On behalf of the directors of Rox Limited, I take pleasure in
introducing this Prospectus to you.
As a My Casino shareholder you will be aware that the primary focus
of My Casino is the development of its internet gambling business.
This has resulted in a reduced focus on a promising portfolio of
mineral assets. It is therefore proposed to transfer these mineral
assets to Rox to ensure that dedicated funding and management is
available for the development and expansion of the asset portfolio.
This will be completed in conjunction with an entitlement issue
allowing My Casino shareholders the opportunity to continue their
exposure to these mineral assets.
Rox is a mineral exploration company whose main activities are aimed
at locating and developing, or securing joint venture partners for
the development of, profitable mineral projects. The mineral asset
portfolio consists of eleven exploration projects located in Western
Australia, including three projects where exploration is funded by
joint venture partners. These projects include the Mulgarrie joint
venture, where QNI is spending $1.5 million to earn a 51% interest
and the Wanganoo Creek joint venture where Lion Ore is spending $1.2
million to earn a 60% interest. At Larkin Find, the Company has a
royalty interest from any production from the inferred nickel/cobalt
resource identified by Anaconda. The Company also has majority
interests in a number of gold and nickel projects at early stages of
exploration. A number of prospective targets have been identified on
these properties that will be followed up under the proposed
exploration programme.
The management team of Rox have significant experience in mineral
exploration and mining in Australia and of the international
financial markets. These skills will provide Rox with an effective
and efficient team focused on enhancing shareholder wealth.
The information contained in this Prospectus is important and I
recommend that you read it carefully before making your investment
decision. This issue has been structured to ensure that the offer is
attractive to My Casino shareholders so that as many as possible
continue their involvement with Rox's mineral assets. On behalf of my
fellow directors, I look forward to welcoming you as a shareholder in
Rox.
A Reitmeier
EXECUTIVE CHAIRMAN
DOCUMENT NUMBER: 181172
Rox Limited Entitlements offer to My Casino Ltd shareholders
PART: A
DATE: 2000/7/10
MY CASINO LIMITED 2000-07-10 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
ASX MARKET RELEASE
CIRCULAR TO PARTICIPATING ORGANISATIONS
Date: 10 July 2000
Number: 361/2000
Subject: Rox Limited - Entitlements offer to My Casino
Limited shareholders
Authorised By: Tony Walsh
The purpose of this circular is to advise Participating Organisations
of details of the spin-off of Rox Limited ("Rox") by My Casino
Limited (the "Company").
Rox has issued a prospectus dated 7 July 2000 (the "Prospectus") for
the issue of 10 million ordinary fully paid shares at an issue price
of 20 cents each, with oversubscriptions of up to 2 million shares at
20 cents each.
Shares are offered pursuant to the Prospectus to shareholders of the
Company on a pro-rata basis, based on the number of shares in the
Company held as at the Record Date, of 5.00 pm WST on 18 July 2000.
Holders of the Company's options do not have an entitlement pursuant
to the offer unless they exercise their options before the Record
Date.
The ratio of the entitlement will be calculated based on the
number of shares in the Company on issue as at the record date. The
number of shares in the Company which will be on issue on the Record
Date is not presently known, and consequently the precise ratio of
the entitlement of shareholders in the Company to shares offered
under the Prospectus is not known. The ratio will be approximately 1
share in Rox for every 2O shares in the Company held on the record
date, if none of the Company's options are exercised by the record
date. However, if all the Company's options are exercised, the ratio
will be approximately 1 share in Rox for every 28 shares in the
Company held on the record date.
Participating Organisations are advised that ASX will not quote the
Company' securities "cum" entitlement or "ex" entitlement.
A corporate action will not be set up in CHESS in respect of the
entitlement offer under the Prospectus. CHESS will not maintain cum
balances on the Company's shares within the system. As well, CHESS
will not perform any automatic diary adjustments.
Based on the share register as at the Record Date, the Company will
despatch a copy of Rox's Prospectus and an entitlement and acceptance
form to persons entitled. Persons who are not registered on the
Record Date will not receive the entitlement. Shareholders who wish
to claim the entitlement but are not certain whether they will be
registered by 5 pm WST on 18 July 2000 should contact the Company's
share registry.
Security Transfer Registrars Pty Ltd
Level 1, 168 Adelaide Terrace
PERTH WA 6000
Phone : (08) 9221 4100
Further information
For further information, please refer to the, Prospectus, released as
an announcement by the Company on 10 July 2000.
Participating Organisations should note that publication of the above
information does not mean that Rox will be admitted to the official
list or that its securities will be quoted.
J Moran
LISTINGS OFFICER
