Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) (Hastings or the Company) refers to its replacement prospectus dated 10 April 2019 for a partially underwritten non-renounceable rights offer to raise up to A$16.5 million.
Hastings Technology Metals Limited (ASX:HAS) refers to its prospectus dated 9 April 2019 pursuant to which a non-renounceable pro-rata entitlement offer was made to eligible shareholders.
Hastings Technology Metals Ltd (ASX:HAS) is pleased to advise that it has launched a non-renounceable rights issue on the basis of 1 new ordinary share for every 8 ordinary shares held at a price of A$0.17 cents per ordinary share to raise approximately A$16.5m.
Hastings Technology Metals Ltd (ASX:HAS) advises that Mr Guy Robertson has today been re-appointed as joint company secretary.
Hastings Technology Metals Ltd (ASX:HAS) notes that following the announcement of the placement and rights issue on 3 April 2019, its Executive Chairman, Mr Charles Lew, has been contacted by shareholders who did not participate in the recent share placement.
Hastings Technology Metals Ltd (ASX:HAS) is pleased to advise that it has successfully completed a placement of A$12 million after costs to shareholders and investors both in Australia and overseas.
Hastings Technology Metals (ASX:HAS) is pleased to advise that the Australian Government's Northern Australia Infrastructure Facility has indicated it will further investigate the potential for NAIF to provide debt finance for the Yangibana Rare Earths Project.
