MRR 0.00% 0.8¢ minrex resources limited

Ann: $13.5M Placement Cornerstoned by Strategic Investors, page-59

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    108,064,516 new shares were issued on 28/4/22 related to "sophisticated investors" (rather than the "cornerstone investors"). about a 130 million shares traded on market since that time  

    All New Shares are to be issued under the Company’s existing placement capacity in accordance with ASX Listing Rules 7.1 and 7.1A as follows: LR7.1 – 131,264,315 New Shares; LR7.1A – 86,477,620 New Shares. Allotment of New Shares, except for allotment to the cornerstone group, is anticipated to occur on Thursday, 28 April 2022. Allotment of New Shares to the cornerstone group is anticipated to occur on 1 June 2022. All New Options will be allotted to subscribers subject to prior shareholder approval, with a general meeting of shareholder expected to be held in early June 2022.
 
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