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ANSON RESOURCES LIMITED — Capital/Financing Update 2024
Oct 16, 2024
64435_rns_2024-10-16_9ebb9c91-edf0-4f9e-addd-62f77ab6f34d.pdf
Capital/Financing Update
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17 October 2024 ASX Announcement
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Completion of Oversubscribed Share Purchase Plan
ASX: ASN Announcement
Highlights:
- Share Purchase Plan (“SPP”) oversubscribed and raised a total of $2.3m
Anson Resources Limited (ASX: ASN ) (“ Anson Resources ” or “ the Company ”) is pleased to announce the successful completion of its Share Purchase Plan (“ SPP ”) following the closing of applications on Friday 11 October 2024.
The SPP was oversubscribed and raised a total of A$2.3 million. The Company has elected to accept all oversubscriptions in full. Trading of New Shares issued under the SPP is expected to commence on Friday, 18 October 2024.
The SPP was announced to the ASX on Friday 20 September 2024 following the Company’s successful $5m Institutional Placement announced on 20 September 2024 (the “ Placement ”). The funds from the Placement and SPP will be allocated to developing the Company’s existing assets.
Anson’s Executive Chairman and CEO Bruce Richardson commented , “We are very encouraged by the response to the SPP. The number and value of applications is a strong endorsement of our growth strategy for Anson and the development of its flagship assets in the tier 1 jurisdictions of Australia and the US. All eligible Directors and senior management participated in the SPP. On behalf of the Anson and A1 Lithium team, I would like to thank all our shareholders.”
This announcement has been authorized for release by the Executive Chairman and CEO.
ENDS
For further information please contact:
Bruce Richardson Will Maze Executive Chairman and CEO Head of Investor Relations E: [email protected] E: [email protected] Ph: +61 7 3132 7990 Ph: +61 7 3132 7990 www.ansonresources.com Follow us on Twitter @anson_ir
Click here to subscribe to news from Anson Resources: https://www.ansonresources.com/contact/
Anson Resources Ltd ABN: 46 136 636 005 ASX: ASN OTC: ANSNF
Australian Registered Office Level 3, 10 Eagle Street BRISBANE QLD 4000 T: + 61 7 3132 7990 E: [email protected]
ASX Announcement 17 October 2024
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About Anson Resources Ltd
Anson Resources (ASX: ASN) is an ASX-listed mineral resources company with a portfolio of minerals projects in key demand-driven commodities. Its core asset is the Paradox Lithium Project in Utah, in the USA. Anson is focused on developing the Paradox Project into a significant lithium producing operation. The Company’s goal is to create long-term shareholder value through the discovery, acquisition and development of natural resources that meet the demand of tomorrow’s new energy and technology markets.
Forward Looking Statements: Statements regarding plans with respect to Anson’s mineral projects are forward looking statements. There can be no assurance that Anson’s plans for development of its projects will proceed as expected and there can be no assurance that Anson will be able to confirm the presence of mineral deposits, that mineralisation may prove to be economic or that a project will be developed.
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