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CRITICA LIMITED — Capital/Financing Update 2021
Sep 27, 2021
64706_rns_2021-09-27_9d2ac838-5dcb-4261-9862-47c8466df40c.pdf
Capital/Financing Update
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Tuesday, 28 September 2021
ASX Announcement
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Cleansing Notice
Venture Minerals ( ASX: VMS ) (“ Venture ” or the “ Company ”) is pleased to announce that it has utilised it’s Atthe-Market facility (“ ATM ”) with Acuity Capital (see announcements on 26 February 2021 & 30 April 2021) to raise $3,315,000 (inclusive of costs) by agreeing to issue 51,000,000 VMS fully paid ordinary shares to Acuity Capital at an issue price of $0.065 per share.
The 51,000,000 Venture shares will be issued out of the Company’s LR7.1A capacity.
The issue price of $0.065 represents a modest premium of 1.82% to the 15-day VWAP to 28 September 2021 (inclusive).
The funds raised will be put towards further exploration and working capital.
Cleansing Notice
With reference to the 51,000,000 VMS shares issued, in accordance with Section 708A(6) of the Corporations Act 2001(Cth)(Corporations Act), the Company gives notice under paragraph 708A(5)(e) that:
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The shares were issued without disclosure under Part 6D.2 of the Corporations Act;
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As at the date of this notice:
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a. The Company has complied with the provisions of Chapter 2M of the Corporations Act as it applies to the Company;
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b. the Company has complied with section 674 of the Corporations Act; and
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c. there is no excluded information within the meaning of sections 708A(7) and 708A(8) of the Corporations Act which is required to be disclosed under section 708A(6)(e) of the Corporations Act.
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Authorised by the Board of Venture Minerals Limited:
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Jamie Byrde Company Secretary
Venture Minerals Limited | ASX : VMS Level 3, Suite 3, 24 Outram Street, West Perth, Western Australia T: + 61 8 6279 9428 | F: + 61 8 6500 9986 | [email protected] | www.ventureminerals.com.au
VMS