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DREADNOUGHT RESOURCES LTD — Capital/Financing Update 2024
Aug 8, 2024
64785_rns_2024-08-08_40b02eb6-d5c3-4d7b-8208-dcee09641951.pdf
Capital/Financing Update
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ASX:DRE +61 (08) 9473 8345 [email protected] Unit 1, 4 Burgay Court Osborne Park WA 6017 ABN 40 119 031 864
9 August 2024
CLEANSING STATEMENT
Dreadnought Resources Limited (“Dreadnought” or “the Company”) is pleased to advise that the first tranche of the placement announced to the market on 5 August 2024 has settled today and 194,444,445 fully paid ordinary shares (Shares) have been issued at $0.018 per share to raise a total of $3,500,000. The Company has issued all shares utilising its existing placement capacity under Listing Rule (LR) 7.1. The second tranche of the placement of 11,666,667 shares at $0.018 totaling $210,000 is subject to Shareholder approval to be sought at an upcoming Annual General Meeting anticipated to be in November 2024. This portion has been applied for by the Directors of the Company, bringing their total investment in the Company to $6.83m.
The Company relies on section 708A of the Corporations Act 2001 (Cth) (the Act) in relation to the Issue.
In accordance with section 708A(5)(e) of the Act the following information is provided:
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This notice is being given within five (5) business days after the day of Issue;
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The issue was made without disclosure to investors under Part 6D.2 of the Act;
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This notice is given under section 708A(5)(e) of the Act;
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As at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and section 674 of the Act; and
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As at the date of this notice, there is no excluded information to be provided in accordance with section 708A(6)(e) of the Act.
The Company’s capital structure following this issue is shown below.
Capital Structure
| Quoted Securities | |
|---|---|
| FullyPaid OrdinaryShares | 3,730,444,445 |
| Unquoted Securities | |
| Options@$0.06 expiring11/08/2024 | 2,000,000 |
| Options@ $0.06 expiring26/11/2024 | 2,000,000 |
| Options@ $0.065 expiring14/07/2025 | 8,500,000 |
| Options@ $0.094 expiring9/10/2025 | 6,000,000 |
| Options@ $0.1575 expiring16/12/2025 | 853,098 |
| Options@ $0.12 expiring02/03/2026 | 1,223,151 |
| Options@ $0.075 expiring14/06/2026 | 2,000,000 |
| Performance Rights expiring31/12/2025 | 16,500,000 |
Ends
For further information please contact: Dean Tuck Jessamyn Lyons Managing Director Company Secretary Dreadnought Resources Limited Dreadnought Resources Limited E:[email protected] E:[email protected]
This announcement is authorised for release to the ASX by the Board of Dreadnought.
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