AI assistant
ATHENA RESOURCES LIMITED — Capital/Financing Update 2009
Dec 10, 2009
64341_rns_2009-12-10_f9cd2a34-0195-4801-8c38-50c21e930cbf.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [133 x 75] intentionally omitted <==
63 Lindsay Street Perth WA 6000 p 61 8 9428 2900 f 61 8 9428 2910 e [email protected] www athenaresources.com.au ABN : 69 113 758 900
11 December 2009
Dear Shareholder
NON RENOUNCEABLE ENTITLEMENT OFFER OF OPTIONS
On 9 December Athena Resources Limited (ASX: AHN) ( Company ) announced a nonrenounceable rights issue of options (each exercisable at $0.08 and expiring on 30 April 2012) on the basis of one (1) Option for every two (2) Shares held at the record date of 18 December 2009 ( Rights Issue ).
Options under the Rights Issue will be offered at 1 cent per Option. The maximum number of Options which may be issued under the Rights Issue is 28,650,487 to raise $286,505 (based on the current capital structure of the Company).
Options to be issued under the Rights Issue will be a new class of security of the Company. The full terms and conditions of the Options are set out in the Prospectus. Shares issued upon conversion of the Options will rank equally with existing shares in the Company.
The Company has applied for official quotation of the Options.
A prospectus was lodged with the ASIC and a copy provided to ASX on 10 December 2009 in respect of the Rights Issue.
A copy of the prospectus has been lodged with ASX and is available on ASX’s website. www.asx.com.au and a copy is also available on the Company’s website, www.athenaresources.com.au .
1
==> picture [92 x 39] intentionally omitted <==
| Summary of Important Dates* | |
|---|---|
| Announcement of Rights Issue | 9 December 2009 |
| Lodge Prospectus with ASIC | 10 December 2009 |
| Shares quoted ex-rights | 14 December 2009 |
| Record Date to determine Entitlements under the Rights Issue | 18 December 2009 |
| Opening Date and dispatch of Prospectus | 23 December 2009 |
| Closing Date for Rights Issue Offer | 19 January 2010 |
| Notification to ASX of under subscriptions | 22 January 2010 |
| Allotment of Options and dispatch of holding statements | 28 January 2010 |
*These dates are indicative only. The Directors reserve the right to vary the key dates, without prior notice and subject to compliance with the Listing Rules.
The Offer is not underwritten.
As noted above, a prospectus and a personalised Entitlement and Acceptance Form will be sent to you on 23 December 2009.
Please contact the undersigned in case of any queries.
Regards
E W Edwards Executive Chairman
2