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ACDC METALS LTD — Capital/Financing Update 2025
Jan 7, 2025
64299_rns_2025-01-07_b805323e-3d40-49f0-8cb8-e3edb602d263.pdf
Capital/Financing Update
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ASX Announcement: 8 January 2025
Notice of Release of Escrow Securities
ASX: ADC
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ACN 654 049 699
ACDC Metals Limited ( ASX: ADC ) ( ACDC Metals or the Company ) wishes to advise in accordance with Listing Rule 3.10A that the following restricted securities will be released from Escrow:
CAPITAL STRUCTURE
Share Price: A$0.059* Cash: A$3.06 M* Debt: Nil
Orinary Shares: 72.3M Market Cap: A$4.27M* Enterprise Value: A$1.21M* Op�ons: 47.7M *as of 12 Dec 2024
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BOARD OF DIRECTORS & MANAGEMENT
Andrew Shearer Non-Execu�ve Chair
Mark Saxon Execu�ve Director
Tom Davidson
Richard Boyce Non-Execu�ve Director
Ivan Fairhall Non-Execu�ve Director
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COMPANY SECRETARY
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CONTACT
Level 6, 111 Collins St Melbourne VIC 3000
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----- Start of picture text ----- Number Class Date of Release22,682,630 Fully Paid Ordinary Shares 17 January 20248,700,000 Unquoted Options 17 January 2024@ $0.3000 Expiry09/01/20261,500,000 PERFORMANCE RIGHTS 17 January 2024CLASS A1,500,000 PERFORMANCE RIGHTS 17 January 2024CLASS B2,500,000 PERFORMANCE RIGHTS 17 January 2024CLASS C750,000 PERFORMANCE RIGHTS 17 January 2024CLASS D----- End of picture text -----
In accordance with Listing Rule 2.8.5, the Company will apply for quotation for the securities by lodging an Appendix 2A and an Appendix 3G.
This announcement has been authorised for release by the Board.
About ACDC Metals
ACDC Metals is a Heavy Mineral Sand and Rare Earth Element explorer and developer focussed on projects in the Murray Basin of Western Victoria, Australia. ACDC Metals is also developing its licenced downstream processing technology for its Rare Earth Processing plant (REPP) Project. The process extracts rare earth elements from monazite. Goschen Central is the ACDC Metals’ flagship project.
+61 03 8548 7880
[email protected] www.acdcmetals.com.au
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We refer shareholders and interested par�es to the website www.acdcmetals.com.au where they can access the most recent corporate presenta�on, video interviews and other informa�on.
For Further Informa�on:
Tom Davidson
[email protected] +61 (0) 499 256 645
Peter Taylor Media & Investor Rela�ons peter@nwrcommunica�ons.com.au +61 (0) 412 036 231