SeaDragon requests trading halt on NZX

Australasia’s largest refiner and blender of high-quality, internationally-certified concentrated fish derived health supplements SeaDragon Limited (NZX:SEA) announces it has commenced a capital raising initiative primarily to fund its planned refined fish oil plant in Richmond, southwest of Nelson.

SEA has requested NZX to place its shares on a trading halt until the completion of a book-build process among Eligible Investors. The book-build is due to be undertaken on Monday 25 November 2013.  SeaDragon will be placed into a trading halt from market open Monday 25 November until the earlier of:
·  the release of an announcement to the market by SeaDragon regarding the outcome of the book-build; and
·  market open Tuesday 26 November.

The trading halt will ensure all shareholders are equally informed of SeaDragon’s capital structure post the share placement.

A presentation to be made to Eligible Investors during the book-build process is available here or on the NZX.

ENDS