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CONNECTED MINERALS LIMITED — Capital/Financing Update 2018
Sep 3, 2018
64669_rns_2018-09-03_20557b62-8c5d-4bd6-ba12-0e9b1bdb337a.pdf
Capital/Financing Update
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4 September 2018
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ASX Announcement / Media Release
Entitlement Offer
Prospectus Mail Out and Timetable Confirmation
On 22 August 2018 Connected IO Limited ( Connected IO or Company ) announced an underwritten non-renounceable entitlement offer ( Entitlement Offer ) to raise approximately $2.13 million (before costs). The Entitlement Offer is on the basis of four (4) Shares for every five (5) Shares held at the Record Date of 30 August 2018 at $0.003 per Share.
A prospectus in relation to the Entitlement Offer was lodged on 24 August 2018 ( Prospectus ) and can be viewed on the ASX website or alternatively on the Company’s website at www.connectedio.com.au
Connected IO confirms that a copy of the Prospectus and a personalised Offer Acceptance Form has been mailed to Eligible Shareholders today.
Timetable Confirmation
Key dates for the Entitlement Offer are set out below. We note that the correct date for the issue of New Shares is 28 September 2018.
| Event | Date |
|---|---|
| Announcement of Offer | 22 August 2018 |
| Lodgement of Appendix 3B with ASX | 22 August 2018 |
| Lodgement of Prospectus with ASIC and ASX | 24 August 2018 |
| Notice sent to Shareholders | 28 August 2018 |
| ‘Ex’ entitlement date | 29 August 2018 |
| Record Date (5.00pm (WST)) | 30 August 2018 |
| Offer Document sent to Eligible Shareholders | 4 September 2018 |
| Opening Date | 4 September 2018 |
| Last day to extend the Offer Closing Date | 18 September 2018 |
| Closing Date (5.00pm (WST)) | 21 September 2018 |
| Deferred settlement trading commences | 24 September 2018 |
| ASX notified of any undersubscriptions | 26 September 2018 |
| Issue of New Shares and deferred settlement trading ends | 28 September 2018 |
| Issue of holding statements and New Shares commence trading | 1 October 2018 |
These dates are indicative only and may be subject to change. Subject to the Listing Rules and other applicable Laws, the Directors reserve the right to vary the dates of the Offer. The Directors also reserve the right not to proceed with the whole or part of the Offer.
Connected IO Limited ABN 99 009 076 233 Level 24, 44 St Georges Tce, Perth WA 6000 T +61 8 6211 5099; F +61 8 9218 8875