will be done at mate's rates imo so we may as well go for a walk until mid November at least:
9. RESOLUTION 8 – APPROVAL OF PLACEMENT 9.1 General The Company seeks approval to issue up to 5,000,000 Shares to retail brokers in conjunction with the Company’s AIM listing.
9.2 Technical information requires by ASX Listing Rule 7.1
Pursuant to and in accordance with ASX Listing Rule 7.3, the following information is provided in relation to Resolution 8:
(a) the maximum number of securities to be issued is 5,000,000 Shares;
(b) the Shares will be issued no later than 3 months after the date of the Annual General Meeting (or such later date to the extent permitted by any ASX waiver or modification of the ASX Listing Rules) and it is intended that allotment will occur in one tranche on the same date;
(c) the Shares will be issued at a minimum issue price of 80% (always a discount LOL)of the average market price of Shares over the 5 days on which sales were recorded before the day on which the Shares are issued;
(d) it is not currently known who the Shares will be issued to (BUUUUUUULLSHIIT)but they will be issued to retail brokers in conjunction with the Company’s listing on AIM, none of whom will be a related (LOL sure) party of the Company;
I'll have a guess at an issue price of 50c Oz
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
