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ARCHER MATERIALS LIMITED — Capital/Financing Update 2021
Jan 28, 2021
64478_rns_2021-01-28_32e73de0-163d-42b1-ad52-477f45714e25.pdf
Capital/Financing Update
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Corporate Exercise of unlisted options
Archer Materials Limited (ACN: 123 993 233) Ground Floor, 28 Greenhill Road, SA 5034
29 January 2021
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ASX Announcement (ASX: AXE )
Exercise of Unlisted Options Notice under section 708A(5)(e) of the Corporations Act
Archer Materials Limited (“Archer”, the “Company”) (ASX: AXE ) has today issued 500,000 fully paid ordinary shares in the Company following the exercise of unlisted options, previously issued under an employee incentive scheme. The unlisted options had an exercise price of $0.1929 each and expiry of 31 March 2023.
Details of the issue are:
| Details of the issue are: | |
|---|---|
| Class of securities | Ordinary Shares |
| ASX Code of the securities | AXE |
| Date of the issue of the securities | 29 January 2021 |
| Total number of securities issued or expected to be issued | 500,000 |
Archer advises that:
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The above shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) ( Corporations Act ).
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This notice is given under section 708A(5)(e) of the Corporations Act.
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As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Corporations Act.
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As at the date of this notice, there is “no excluded information” within the meaning of sections 708A(7) and 708A(8) of the Corporations Act (as if this notice were a notice under paragraph 708A(5)(e) of the Corporations Act).
For further information please contact:
The Board of Archer authorised this For more information about Archer’s activities, announcement to be given to ASX. please visit our: General Enquiries Website: Mr Greg English https://archerx.com.au/ Executive Chairman Twitter: Dr Mohammad Choucair Chief Executive Officer https://twitter.com/archerxau?lang=en Mr Damien Connor YouTube: Company Secretary https://bit.ly/2UKBBmG Tel: +61 8 8272 3288 Medium: Media Enquiries https://medium.com/@ArcherX Mr James Galvin Communications Officer Sign up to our Newsletter: Email: [email protected] http://eepurl.com/dKosXI Tel: +61 2 8091 3240