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ARDEA RESOURCES LIMITED — Capital/Financing Update 2021
Oct 24, 2021
64421_rns_2021-10-24_8078c174-b06f-470d-800b-3512a7b51454.pdf
Capital/Financing Update
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ABN 30 614 289 342 Registered and Business Office Suite 2, 45 Ord Street West Perth WA 6005 Australia Tel: +61 8 6244 5136 Email: [email protected]
KALGOLD UPDATE – MINIMUM FUNDING THRESHHOLD ACHIEVED
25 October 2021
Ardea Resources Limited (ASX:ARL) is pleased to announce that we have been advised by the Joint Lead Managers amicaa Advisors Pty Ltd and MST Financial Services Pty Limited that the minimum threshold for the capital raising of Kalgoorlie Gold Mining Limited (“KalGold”) of AUD$7,000,000 has been exceeded and that this condition is now satisfied.
The KalGold IPO remains subject to shareholder approval to be held today and other regulatory conditions as previously announced. The public offer will close tomorrow 26[th] October 2021 at 5pm WST and will not be extended.
Authorised for release by the board of Ardea Resources Limited.
Contact details as follows:
Andrew Penkethman
Managing Director and Chief Executive Officer Tel +61 8 6244 5136
amicaa Advisors Pty Ltd
Manny Anton Email: [email protected]
MST Financial Services Limited
Grant Esheys Email: [email protected]
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