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Azimuth Resources Limited - Secondary Trading Notice Pursuant to Section 708A(5) of the Corporations Act 2001

10.08.2012  |  CNW

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

PERTH, Australia, Aug. 10, 2012 /CNW/ - Azimuth Resources Limited (ASX and TSX: AZH) (the "Company" or "Azimuth") advises it has recently issued 17,142,857 shares at an issue price of $0.35 each.

The Corporations Act restricts the on-sale of securities issued without disclosure, unless the sale is exempt under section 708 or 708A.  By the Company giving this notice, sale of the Shares noted above will fall within the exemption in section 708A(5) of the Corporations Act.

The Company hereby notifies under section 708A(5)(e) of the Corporations Act that:

(a) the Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act;
(b)as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the Company;
(c) as at the date of this notice, the Company has complied with section 674 of the Corporations Act as it applies to the Company; and
(d)as at the date of this notice, there is no information:
 i.that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
 ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
 A.The assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
 B.The rights and liabilities attaching to the Shares.
   

Yours faithfully,

 "Richard Monti"

Richard Monti
Executive Director

Cautionary Note Regarding Forward-looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements about the closing of the Offering and the use of proceeds of the Offering are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, and readers are advised to consider such forward-looking statements in light of the risks set forth in the Company's continuous disclosure filings as found at the (Canadian) SEDAR website.

SOURCE Azimuth Resources

Shareholders
Richard Monti 
Executive Director 
Tel: +61 8 9381 2488 
rmonti@azimuthresources.com.au

Media
Bill Kemmery
Fortbridge Consulting Pty Ltd
Tel: +61 2 9003 0499
Tel: +61 400 122 449
bill.kemmery@fortbridge.com


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