AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

CLARA RESOURCES AUSTRALIA LTD Capital/Financing Update 2020

Aug 24, 2020

64598_rns_2020-08-24_bd3bec07-616e-46cd-ab97-8058e561e89f.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [168 x 119] intentionally omitted <==

ASX Announcement

Aus Tin Mining Limited (ASX: ANW)

25 August 2020

Non-Renounceable Entitlement Offer

Despatch of Information Booklet

The Board of Directors of Aus Tin Mining Limited (ASX:ANW) advises that the Company’s Registry provider (Link Market Services) has today despatched in the physical postal system, the Offer Booklet under section 708AA of the Corporations Act 2001 (Cth) to Eligible Shareholders for its pro-rata nonrenounceable entitlement offer ( Offer ), the details of which were advised to the market on 17 August 2020.

The Company is seeking to raise up to $3,051,996 by way of new cash and the conversion of existing debt. The Offer is being made on the basis of 1 New Share for every 1 Share held (as at the Record Date of 20 August 2020) by Eligible Shareholders, at an offer price of 0.1 cents ($0.001) per New Share.

Due to potential delays with the physical postal system, investors seeking to apply under the Offer may contact the Company Secretary (via [email protected]) to obtain a copy of their replacement personalised entitlement application form and a copy of the Offer Booklet.

The Offer is now open, and is currently scheduled to close on Friday, 18 September 2020.