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NWT, NEWSAT LIMITED
10fingers
post Posted: Feb 18 2013, 09:11 PM
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AAAAARRRRRRRRRRRGGGGGGGGGGGGGGGGG!!!!!!!!!!!!!!!!!!!

Are these peanuts for real.

What ever happened to having one's ducks in a row??????????????

ASX Release
18 February 2013
JABIRU-1 SATELLITE FUNDING UPDATE
NewSat Limited (ASX: NWT), ("NewSat" or "Company") refers to its previous announcements regarding its
voluntary suspension and the ongoing negotiations for the funding of its Jabiru-1 satellite project.
As previously announced, NewSat has secured both US Ex-Im Bank approval for an amendment to the senior
debt facility and an amended promesse de garantie from COFACE of US$108.4 million. NewSat expects to
conclude final form documentation finalising these facilities shortly. Simultaneously, the Company has
continued discussions with potential equity and mezzanine investors. The discussions with debt, mezzanine
and equity investors are at an advanced stage.
While a number of interdependent matters still need to be agreed and finalised, the Company is working
toward achieving execution of documentation and financial close as soon as practicable.
The Company currently expects to be in a position to make a more detailed announcement on these matters
and issue a prospectus before the end of February.
Given the complex, multi-faceted and interdependent nature of the financing negotiations, NewSat considers it
appropriate for the voluntary suspension of its shares to continue until such negotiations have been finalised
and the Prospectus issued.



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
10fingers
post Posted: Feb 4 2013, 07:42 PM
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grrr.gif What a pain these directors are proving to Be. Finances still not organised!~!!!!!!!!!!!!!!!!!!!\\

4 February 2013
JABIRU-1 SATELLITE FUNDING UPDATE
NewSat Limited (ASX: NWT) ("NewSat" or "Company") refers to its previous announcements regarding its
voluntary suspension and the ongoing negotiations for the funding of its Jabiru-1 satellite project.
NewSat is pleased to announce that in addition to the US Ex-Im Bank approval for an amendment to the senior
debt facility, NewSat has received an amended promesse de garantie from COFACE of US$108.4 million. The
promesse de garantie will be used to back loans to NewSat in order to fund the building of the rocket by
Arianespace. The US Ex-Im Bank approval and the promesse de garantie from COFACE are conditional on the
Company raising the additional required funding via equity and mezzanine funding.
Negotiations with potential equity/mezzanine investors are continuing. It is anticipated that the recent
approval from the US Ex-Im Bank and COFACE will give further impetus to these negotiations. In this respect,
the Company remains confident of finalising these negotiations and achieving financial close shortly.
Nevertheless, a number of interdependent matters still need to be negotiated, agreed and finalised and there
is no certainty that financial close will be achieved within a short period albeit the Company is working
toward achieving this as soon as practicable in February.
Equity raising
 The amended approvals from US Ex-Im Bank and COFACE increase the total senior debt and allow
additional required funding to include mezzanine debt. Combined with changes in the project cost,
this reduces the amount of equity required to be raised by NewSat from the previously required
amount of US$200 million;
 NewSat and its advisors are in discussions with potential investors for the required equity for the
project to be raised via placement (Placement);
 The Company is in advanced stages of negotiation with a sophisticated investor for a US$30 million
convertible note facility as part of the mezzanine funding, as well as participation in the Placement;
 On finalisation of the Placement and mezzanine funding, the Company will issue a prospectus to,
amongst other things, remove on-sale restrictions that may apply to the shares issued under the
Placement (Prospectus). The Prospectus will contain detailed disclosures on the senior debt and
mezzanine facilities, the impact of the debt and equity fundraising (including a pro forma balance
sheet based on the Company's 31 December 2012 balance sheet) on the Company as well as material
contracts relating to the Jabiru-1 satellite project and other customary disclosures.
Given the multi-faceted and interdependent nature of the financing negotiations, NewSat considers it
appropriate for the voluntary suspension of its shares to continue until such negotiations have been finalised
and the Prospectus issued.
The Company is committed to finalising the negotiations with mezzanine debt and equity investors as soon as
practicable in order to minimise the period in which the Company's shares remain in suspension.
NewSat will next provide an update to the market on 15 February 2013, unless it is in a position to make an
announcement before then.



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
10fingers
post Posted: Jan 18 2013, 06:56 PM
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ANOTHER JOKE !!!!!! ANOTHER HOLD UP.
Directors and CEO should be shot???????? grrr.gif devilsmiley.gif
The financing should have been in the bag prior to all of this argy bargy.
Now we have to wait till Feb 1. Almost like April fools day. Don't you think?

JABIRU-1 SATELLITE FUNDING UPDATE
NewSat Limited (ASX: NWT) ("NewSat" or "Company") refers to its previous announcements on 10 and 21
December 2012 and 4 January 2013 regarding its voluntary suspension and the ongoing negotiations for the
funding of its Jabiru-1 satellite project.
As previously advised, the negotiations are complex with the funding to be provided by the debt, mezzanine
and equity investors being interdependent. The terms of some existing financing arrangements need to be
modified while agreement needs to be reached with other investors on the terms of their investment.
In this context, NewSat is pleased to announce that it has received approval from the US based export credit
agency, Ex-Im Bank, for an amendment to the ~US$280 million direct loan agreement to allow for a change to
the structure to permit the additional required funding to include mezzanine debt. Accordingly, this reduces
the amount of equity required to be raised by NewSat.
Negotiations with potential mezzanine debt and equity investors are continuing. It is anticipated that the
recent approval from the Ex-Im Bank will give some impetus to these negotiations. In this respect, the
Company remains confident of finalising these negotiations and achieving financial close by late January or
early February 2013. Nevertheless, a number of interdependent matters still need to be negotiated, agreed
and finalised and there is no certainty that financial close will be achieved by this time.
Given the delicate and multi-faceted nature of the financing negotiations and the current uncertainty, NewSat
considers it appropriate for the voluntary suspension of its shares to continue until such negotiations have
been finalised. Recommencement of trading prior to that time may materially prejudice the Company's ability
to successfully complete these negotiations and secure the funding for the Jabiru-1 satellite project and may
result in trading which is not on an orderly, fair and fully informed basis.
The Company is committed to finalising the negotiations with mezzanine debt and equity investors as soon as
possible in order to minimise the period in which the Company's shares remain in suspension.
NewSat will next provide an update to the market on 1 February 2013, unless it is in a position to make a
substantive announcement such that trading in its shares can resume before then.



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
10fingers
post Posted: Jan 4 2013, 01:39 PM
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grrr.gif GGGGGGGGGGgRRRRRRRRRRRRRRR!!!!!!!!!!!
How disgusting. Why has this been allowed to happen!!
A trading halt!! Due to not getting finances organised before and after the Christmas period!
Not very good on behalf of the company. thumbdown.gif



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
10fingers
post Posted: Sep 12 2011, 12:26 PM
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Hopefully this will put us on the radar!!!!!



ASX Release
9 September 2011
CAPITAL MANAGEMENT INITIATIVES
NewSat Limited (ASX: NWT; OTC: NWTLY) (“NewSat” or the “Company”), Australia’s satellite company, is
proposing the following initiatives:
 A share consolidation of fifty existing shares for one new share, subject to shareholder approval
 A voluntary share sale facility and top-up facility for small shareholders, free from transaction costs
Proposed 50 for 1 share consolidation
NewSat is pleased to announce that it proposes to implement a 50 for 1 share consolidation subject to
shareholder approval.
The Company has approximately 8.8 billion shares on issue with a market capitalisation of approximately $88
million as at the close of business 8 September 2011. This is not an appropriate number of securities on issue, as
many potential institutional investors are precluded by their charters, mandates or practices from investing in
stocks such as NewSat while the shares are trading at a fraction of a cent.

Post consolidation, there will be approximately 176 million shares on issue with an anticipated commensurate
change in the share price, which will be more consistent with the capital structures of the Company’s peer group.
In accordance with the Corporations Act, a resolution will be put to shareholders at the Extraordinary General
Meeting of the Company tentatively scheduled to be held on 17 October 2011. The resolution will propose that
every 50 ordinary shares held by a shareholder be converted into one ordinary share (with fractional
entitlement rounded up).
If the resolution is passed, the number of ordinary shares and options on issue and the exercise price of the
options will be adjusted in accordance with the ASX Listing Rules.
Further information will be provided in the explanatory statement to accompany the notice of meeting for the
Extraordinary General Meeting.
Proposed voluntary share sale facility and top up facility
The voluntary share sale and top up facilities will allow shareholders who hold shares with a total market value
of less than $2,000 at a date to be specified by the Company (“Eligible Shareholders”) the opportunity to either:
a) Sell all of their holding; or
b) Buy additional shares with a minimum market value of $500 and up to a maximum market value of
$5,000 (exclusive of the market value of their existing holding).
Eligible Shareholders may only participate in either, but not both, of the share sale facility or the top up facility.
Transactions under either facility are free from brokerage charges and will be conducted on-market. The price
for transactions under both facilities will be referenced to the market price on the date that the facilities close
when the net difference between total share sale requests and total top up requests is transacted on market by a
share broker appointed by the Company for this purpose.No action is required at this time. The Company will release further details in a notice of meeting to be
sent out separately.
Yours sincerely,
Adam Shapiro
CFO and Company Secretary



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
TOP GUN
post Posted: Aug 29 2011, 05:36 PM
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In Reply To: vida's post @ May 10 2011, 01:46 PM

http://www.newsatforum.org

That's where the info is..

 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


vida
post Posted: May 10 2011, 01:46 PM
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In Reply To: 10fingers's post @ May 4 2011, 06:06 PM

show me the money

 
10fingers
post Posted: May 4 2011, 06:06 PM
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Posts: 899
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More money for our kitty

http://imagesignal.comsec.com.au/asxdata/2...df/01177509.pdf



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10fingers (Actually have 8 fingers & two thumbs) Just in case you are interested.
 
fancypants
post Posted: Apr 3 2011, 01:29 PM
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In Reply To: vida's post @ Apr 2 2011, 10:47 PM

It looks like Adrian Ballantine the MD is really pushing for growth. You may wake up one day and the shares are worth 10 cents. Ashburton Minerals is my biggest buy for the year. Things look promising with new mine. Just about to drill and should post results by end of the month. I crystal ball a 100 percent increase in share price easily. My thoughts only.... Good luck.

 
vida
post Posted: Apr 2 2011, 10:47 PM
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In Reply To: 10fingers's post @ Feb 25 2011, 02:37 PM

i've held my tonne load of NWT shares for a long long time, trusting they are onto something amazing, it is proving true

 
 


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