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NOTES TO THE FINANCIAL STATEMENTSFor the year ended 30 June 2009Note 32 Events occurring after the balance sheet dateThe Directors are not aware of any matter or circumstance that has arisen since the end of the financial year that, in theiropinion, has significantly affected or may significantly affect in future years the Company’s operations, the results of thoseoperations or the state of affairs, except for the following:• On 5 August 2009, the Company announced the disposal of its 9.7% investment in the shares of Bendigo Mining Limitedfor proceeds of $9,906,800. The disposal of this investment will give rise to a net profit on sale recognised in the IncomeStatement in the 2009-10 financial year of $2,724,000. And the reversal of the fair value reserve representing themovement in the fair value of the shares as at 30 June 2009.• On 21 August 2009, the Company entered into a A$50,000,000 Equity Line standby facility from US-based investmentfund YA Global. Under the terms of the facility St Barbara may, at its discretion, issue ordinary shares to YA Global at anytime over a 60 month period up to a total of A$50,000,000.Shares issued to YA Global will be priced at the lowest of the daily volume weighted average prices of the Company’sshares traded on each of the 10 trading days following an advance draw down notice by St Barbara. A commission of 4%will be payable to YA Global on the proceeds of each issue of shares at the time of the issue. The Company nominates inadvance the amount in relation to each draw down under the facility. The advance amount for the first and second drawdown is limited to $750,000 and $1,500,000 respectively, and thereafter the advance amount shall not exceed$3,000,000 in any 10-day trading period.This standby facility provides the consolidated entity with funding flexibility while it evaluates and negotiates other sourcesof longer term finance, and completes the divestment of non-core assets.stbarbara.com.au – Annual Report 2009: 89