AUR 16.7% 0.5¢ auris minerals limited

Ann: Auris Completes $1.25M Capital Raising, page-12

  1. 13,897 Posts.
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    No App 3B has issued yet.

    Where are the new shares = $1.25m x 100/8 = 15.625m in number?

    Once issued, will there be a Notice of Change in Substantial holding? 1? 2?

    No such Notice issued after the close of AUROA 5 weeks ago, so if Micheal Fotios (a Sub holder at 7.22% as at 4/9 as per https://www.aurisminerals.com.au/wp-content/uploads/Substanial-Shareholder-Notice.pdf) was a holder of AUROA, then he probably did not convert them in to shares. If he did hold AUROA and did not convert, then it would surprise to see him get any of these new shares.
 
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