Share Purchase Plan
The Company is pleased to offer all eligible existing shareholders on the Company’s share register at 7.00pm
(Sydney time) on 2 December 2022 with registered addresses in Australia or New Zealand the opportunity to apply
for Shares in the Company by participating in the SPP.
The Company is targeting to raise approximately A$12 million (before costs) through the SPP. The funds raised
under the SPP will be used for the same purposes as described above.
The application for new shares under the SPP will be capped at a maximum of A$30,000 per eligible shareholder,
across all their holdings.
The offer price of $0.37 per new share under the SPP will be the same as the issue price for the Placement. The SPP
will provide eligible shareholders with the opportunity to increase their holding without paying brokerage or
transaction costs.
The terms and conditions of the SPP will be set out in an SPP Offer Booklet which will be released to ASX by way of
a separate announcement in due course. Participation in the SPP is optional and the Company reserves the right to
scale back any applications under the SPP or to raise a higher amount (subject to the ASX Listing Rules).
Key dates in relation to the SPP
Timing (Sydney time) Event
7:00pm, 2 December 2022 Record date
15 December 2022 Opening date
5:00pm, 30 December 2022 Closing date
3 January 2023 Announcement of results
3 January 2023 Issue date
4 January 2023 SPP Shares quoted and commence trading
4 January 2023 Despatch of holding statements
The above excerpts from company's announcement released on 5 December. But we have not received an announcement redarding this SPP.
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $427.4M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 17.5¢ | $2.500M | 13.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 1021993 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 236133 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 1021993 | 0.180 |
40 | 2038057 | 0.175 |
29 | 1740555 | 0.170 |
15 | 1034937 | 0.165 |
21 | 1032303 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 236133 | 4 |
0.190 | 1123424 | 18 |
0.195 | 1424846 | 23 |
0.200 | 2040069 | 42 |
0.205 | 3423918 | 29 |
Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
18.3¢ |
  |
Change
-0.005 ( 2.67 %) |
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Open | High | Low | Volume | ||
19.0¢ | 19.0¢ | 17.5¢ | 6996745 | ||
Last updated 15.59pm 05/06/2024 ? |
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MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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