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ATHENA RESOURCES LIMITED — Capital/Financing Update 2021
May 13, 2021
64341_rns_2021-05-13_4341f41e-d475-4cc0-b055-2e2f0e5b608a.pdf
Capital/Financing Update
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14 May 2021
The Company Announcements Office Australian Stock Exchange Limited 4 Floor, Bridge Street SYDNEY, NSW 2000
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PLACEMENT TO RAISE $240,000
Athena Resources Limited (ASX:AHN) ( Athena ) is pleased to announce that it has completed a placement of 6,857,143 fully paid ordinary Athena shares at an issue price of $0.035 each to raise $240,000 ( Placement ).
The shares under the Placement ( Placement Shares ) have been issued to Goldway Mega Trade Limited ( Goldway ), a Hong Kong registered company. Goldway is not a related party of Athena.
The placement of 6,857,143 shares does not require shareholder approval as it has been issued under the Company’s existing placement capacity under ASX Listing Rule 7.1a .
The proceeds of the Placement (being $240,000) will be used for working capital.
The Placement Shares were issued today and are subject to a voluntary escrow period of 12 months from the date of issue and a holding lock over the Placement Shares for the duration of this period.
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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21 Millstream Rise І Hillarys І Western Australia І 6025 PO Box 1970 І West Perth І Western Australia І 6872 Ph +61 (0)8 9307 7902 E [email protected] W athenaresources.com.au