Prospectus Options Offer to Shareholders
Perth, Oct 25, 2017 AEST (ABN Newswire) - Venus Metals Corporation Limited (
ASX:VMC) provides the Prospectus Options Offer to Shareholders.
For the offer of up to 25,588,231 New Options exercisable at $0.20 each on or before 30 November 2019 at an issue price of $0.02 per New Option on the basis of 1 New Option for every 3 fully paid ordinary Shares to raise up to approximately $512,000 before expenses.
Only Shareholders may apply for New Options under this Prospectus.
This Offer closes at 5.00pm WST on 13 November 2017. Valid acceptances must be received before that date.
Important Dates*
Event: Announcement of Offer and lodgement of Appendix 3B
Date:* 13 October 2017
Event: Prospectus lodged at ASIC and ASX
Date: 25 October 2017
Event: Notice sent to Securityholders
Date: 26 October 2017
Event: Record Date to determine entitlements
Date: 7.00pm (WST), 30 October 2017
Event: Despatch of Prospectus and Entitlement and Acceptance Form to Shareholders
Date: 2 November 2017
Event: Opening Date
Date: 2 November 2017
Event: Closing Date
Date: 13 November 2017
Event: Quotation of New Options on a deferred settlement basis
Date: 14 November 2017
Event: Notification to ASX of under subscriptions
Date: 16 November 2017
Event: Allotment date
Date: 20 November 2017
Event: Despatch of holding statements
Date: 21 November 2017
* These dates are indicative only. The Directors reserve the right to vary the key dates without prior notice, subject to the Listing Rules.
To view the full Prospectus, please visit:
http://abnnewswire.net/lnk/JAHDQ1PZ
About Venus Metals Corporation Limited
Venus Metals Corporation Limited (ASX:VMC) is a West Australian based Company with a focus on gold, base metals, vanadium and lithium exploration projects. The Company aims to increase shareholder value through targeted exploration success on its projects.
The Company's major gold project is the Youanmi Gold Mine, located 500km north-east of Perth. The Youanmi Gold Mine is now jointly owned by Venus Metals (30%) and Rox Resources Limited (70%); Indicated and Inferred Resource of the mine is in excess of 3 million ounces of gold.
| ||
|
