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ARUMA RESOURCES LIMITED — Capital/Financing Update 2023
Jun 5, 2023
64273_rns_2023-06-05_9396fd01-8a7d-452b-aa08-74262682f9ef.pdf
Capital/Financing Update
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ASX Announcement 6 June 2023
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Additional Commitment Received for Placement
Aruma Resources Limited (ASX: AAJ) ( Aruma or the Company ) is pleased to announce that it has received a further firm commitment to raise an additional $109,440 under the placement announced 2 June 2023 for the issue of a further 1,886,900 fully paid ordinary shares (New Shares) at 5.8 cents per New Share.
The additional New Shares will bring the placement to a total of 40,680,003 New Shares to raise approximately $2.36 million (before costs) (Placement).
As detailed on 2 June 2023, New Shares issued under the Placement will have one attaching option ( New Option ) for every New Shares issued, with an exercise price of $0.10 and an expiry date of 11 June 2026. Exercise of one New Option will entitle the holder to one new fully paid ordinary share in the Company.
The issue of the New Options and the participation of directors in the Placement will be subject to shareholder approval at a general meeting to be convened in the coming weeks.
Amended Appendix 3B for the Placement and issue of New Options was lodged with the ASX on the date of this Announcement.
This announcement has been authorised for release by the Company Secretary of Aruma Resources Ltd.
ENDS For further information, please contact:
Glenn Grayson Managing Director
Aruma Resources Limited Telephone: +61 8 9321 0177 Mobile: +61 408 596 374 E: [email protected]
James Moses Investor Relations
Mandate Corporate Mobile: +61 420 991 574 E: [email protected]
About Aruma Resources
Aruma Resources Limited (ASX: AAJ) is an ASX-listed minerals exploration company focused on the exploration and development of a portfolio of prospective gold and lithium projects, strategically located in major, active mineralised belts in Western Australia. Its core assets include the Mt Deans Lithium Project in the lithium corridor of south-eastern WA, the Salmon Gums Gold Project in the Eastern Goldfields and the multi-commodity Saltwater Project in the Pilbara region.
Aruma Resources Ltd
Issued Capital 156,961,503 Shares 9,066,669 Options
Board and Management
JAMES MOSES – Non-Executive Chairman GLENN GRAYSON – Managing Director PETER SCHWANN – Non-Executive Director BRETT SMITH – Non-Executive Director
Principal Office 1[st] Floor, 2 Richardson Street West Perth WA 6005 T: + 61 8 9321 0177 E: [email protected]
ACN 141 335 364 ASX: AAJ