CNJ: just keep in mind .. placement shares @ 3.2 cents to be allocated soon ..
Conico Ltd (“Conico” (“CNJ” or “the Company”) has placed (“Placement Offer”) a total of 93,750,000 fully paid ordinary shares (“Shares”) to Sophisticated Investors pursuant to s708 Corporations Act (Cwth) 2001 and Chapter 7.1 ASX Listing Rules at an issue price of $0.032 per Share for a total of $3,000,000 (before expenses of the Placement Offer).A lead manager fee of 1% and a placement fee 5% of the value of the funds raised is payable to Peloton Capital Pty Ltd (“Peloton”) (AFSL 406040), A further 15,000,000 options to acquire Shares (exercisable at 7 cents each on or before 20 January 2024) were issued to Lead Manager Peloton Capital for acting as Lead Manager to the Placement Offer. PLACEMENT OFFER TIMETABLE*
Trading HaltFirm Offers Received/Completion of Placement Resumption of TradingAll funds dueShares issuedMonday, 8 August 2022 Tuesday 9 August 2022 Wednesday 10 August 2022 Friday, 12 August 2022 Tuesday, 16 August 2022 *The above dates are indicative and subject to change.
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