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CARBONXT GROUP LIMITED — Capital/Financing Update 2023
Dec 27, 2023
64640_rns_2023-12-27_212e23d8-f99f-493b-97e0-e0bc78a4d69a.pdf
Capital/Financing Update
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ASX RELEASE
28 December 2023
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Extension of Closing Date of Non-Renounceable Entitlement Offer
Carbonxt Group Limited (ASX:CG1) (the Company or Carbonxt ) wishes to advise that it has decided to extend the closing date for the non-renounceable pro-rata rights issue offer of 1 new share for every 9 shares ( Entitlement Offer ).
On 4 December 2023, the Company announced a non-renounceable pro-rata rights issue offer of 1 new share for every 9 shares held at the record date at an issue price of $0.06 per new share to raise approximately $1.84 million before costs.
The Company advises that the closing date of the Entitlement Offer to eligible shareholders has been extended to 5.00pm on Wednesday, 17 January 2024 ( Closing Date ). The Closing Date has been extended to allow eligible shareholders more time to participate in the Entitlement Offer.
The revised timetable for the Entitlement Offer is shown below. These events and dates are indicative only and subject to change. Subject to the ASX Listing Rules, the Corporations Act 2001 ( Cth ) and other applicable laws, the Company’s Board reserves the right to modify all dates, including the Entitlement Offer closing date.
| EventDate | EventDate | EventDate | EventDate |
|---|---|---|---|
| Closing Date5.00pm (Sydney time) onWednesday, 17 January 2024 | |||
| New Shares expected to be quoted on a deferred settlementbasisThursday, 18 January 2024 | |||
| Announcement of results of Entitlement Offer, lodgement ofAppendix 2AMonday, 22 January 2024 | |||
| Issue of New Shares under the Entitlement OfferTuesday, 23 January 2024 | |||
| Trading of New Shares under the Entitlement Offer expected tocommence on ASX on a normal settlement basisWednesday, 24 January 2024 | |||
| ence on ASX on a normal settlement basis | |||
| Holdi | ng statements sent to Shareholders | Thursday, 25 January | 2024 |
| e shareholders should consider the Entitlement Offer Document dateder to acquire securities under the Entitlement Offer and are required tment and Acceptance Form which accompanies the Offer Document.nnouncement has been authorised for release to ASX by the Boardd | 12 December 2023 ino follow the instructionof Directors of Carbon |
Eligible shareholders should consider the Entitlement Offer Document dated 12 December 2023 in deciding whether to acquire securities under the Entitlement Offer and are required to follow the instructions on the Entitlement and Acceptance Form which accompanies the Offer Document.
This announcement has been authorised for release to ASX by the Board of Directors of Carbonxt Group Limited.
ENDS
Carbonxt Group Limited. Level 8, 210 George Street, Sydney NSW 2000
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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, focused on the capture of 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, wastewater treatment and other liquid and gas phase markets.
Carbonxt Group Limited. Level 8, 210 George Street, Sydney NSW 2000