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ATHENA RESOURCES LIMITED — Capital/Financing Update 2021
Jun 24, 2021
64341_rns_2021-06-24_25127732-6fbe-41fa-939a-f710351cd34f.pdf
Capital/Financing Update
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25 June 2021
The Company Announcements Office Australian Stock Exchange Limited 4 Floor, Bridge Street SYDNEY, NSW 2000
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ACN 113 758 900
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PLACEMENT TO RAISE $304,000
Further to the announcement dated 23 June 2021, Athena Resources Limited (ASX:AHN) ( Athena ) is pleased to announce that it has completed a placement of 38,000,000 fully paid ordinary Athena shares at an issue price of $0.008 each to raise $304,000 ( Placement ).
The shares under the Placement ( Placement Shares ) have been issued to sophisticated investors through CPS Capital Group Pty Ltd (CPS Capital). CPS Capital will receive a placement fee at the rate of 6% being $18,240.
The placement of 38,000,000 shares does not require shareholder approval as it has been issued under the Company’s existing placement capacity under ASX Listing Rule 7.1 .
The proceeds of the Placement (being $285,760 after fees) will be used for working capital.
The Placement Shares were issued today and are subject to a holding lock until they are “cleansed” in accordance with the Corporations Act.
Authorised by the Board.
E W Edwards Executive Director
ATHENA RESOURCES LIMITED
Shareholder queries: Ed Edwards, Executive Director, [email protected]
Athena Resources Limited
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Level 2 І 46-50 Kings Park Road І West Perth І Western Australia І 6005 PO Box 1970 І West Perth І Western Australia І 6872 Ph +61 (0)8 9307 7902 E [email protected] W athenaresources.com.au