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CARBONXT GROUP LIMITED — Capital/Financing Update 2021
May 27, 2021
64640_rns_2021-05-27_6aa293c6-3af3-4994-8f1a-04865e8adb26.pdf
Capital/Financing Update
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ASX RELEASE
28 May 2021
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Non-renounceable pro-rata entitlement offer
Despatch of prospectus
Carbonxt Group Limited (ASX:CG1) (the Company or Carbonxt ) is pleased to advise that the prospectus and accompanying entitlement form for the non-renounceable pro-rata entitlement offer which entitles shareholders to apply for 1 new fully paid ordinary share ( New Share ) for every 11 existing fully paid ordinary shares held at 7.00pm (Sydney time) on Wednesday 26 May 2021, at an offer price of $0.15 per New Share and for every 2 New Shares issued, the Company will issue 1 free attaching option with an exercise price of $0.24 each exercisable on or before 21 June 2023, being 24 months from the issue date ( Offer ), has been despatched to eligible shareholders today. The Company confirms that the Offer is now open and, unless otherwise extended, will close at 5.00pm (Sydney time) on Wednesday, 16 June 2021.
This announcement has been authorised for release to ASX by the Board of Directors of Carbonxt Group Limited.
ENDS
For Investor Enquiries Warren Murphy Managing Director +61 413841216 [email protected]
About Carbonxt
Carbonxt (ASX:CG1) is a cleantech company that develops and markets specialised Activated Carbon products, primarily focused on the capture of mercury and other contaminants in industrial processes that emit substantial amounts of harmful pollutants. The Company produces and manufactures Powdered Activated Carbon and Activated Carbon pellets for use in industrial air purification, waste water treatment and other liquid and gas phase markets.
Carbonxt Group Limited. Level 12, 225 George Street, Sydney NSW 2000