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GODOLPHIN RESOURCES LIMITED — Capital/Financing Update 2021
Dec 6, 2021
65013_rns_2021-12-06_afbb1e2b-d600-47d0-a845-4a823a4e0ea2.pdf
Capital/Financing Update
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7 December 2021
Notice under ASX Listing Rule 3.10A
In accordance with ASX Listing Rule 3.10A, Godolphin Resources Limited (ASX: GRL) (Company ) advises that the following securities will be released from ASX mandatory escrow.
| Number of | Type of security | Escrow Release date | ASX Code |
|---|---|---|---|
| securities | |||
| 100 | Fully paid ordinary shares**(Shares**) | 18 December 2021 | GRLAA |
| 18,000,000 | Unquoted options, each exercisable | 18 December 2021 | GRLAB |
| into 1 Share at $0.25 on or before 5 | |||
| December 2022 |
In accordance with Listing Rule 2.8.5, the Company will apply for quotation by lodging an Appendix 2A for the 100 fully paid ordinary shares within 5 business days of 18 December 2021.
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This market announcement has been authorised for release to the market by the Board of Godolphin Resources Limited.
For further information regarding Godolphin, please visit https://godolphinresources.com.au/
or contact:
Jeneta Owens Managing Director +61 417 344 658 [email protected]
About Godolphin Resources
Godolphin Resources (ASX: GRL) is an ASX listed resources company, with 100% controlled Australian-based projects in the Lachlan Fold Belt ( “LFB” ) NSW, a world-class gold-copper province. Currently the Company’s tenements cover 3,200km[2] of highly prospective ground focussed on the Lachlan Transverse Zone, one of the key structures which controlled the formation of copper and gold deposits within the LFB, the Godolphin Fault and the Molong Volcanic Belt.
Godolphin is exploring for structurally hosted, epithermal gold and base-metal deposits and large, gold-copper Cadia style porphyry deposits and is pleased to announce a re-focus of exploration efforts for unlocking the potential of its East Lachlan tenement holdings, including increasing the mineral resource of its advanced Lewis Ponds Project. Reinvigoration of the exploration efforts across the tenement package is the key to discovering the exploration potential and represents a transformational stage for the Company and its shareholders.
ASX Code: GRL ABN: 11 633 779 950
A: Unit 13, 11-19 William Street, Orange NSW 2800 P: +61 2 6318 8144 E: [email protected] www.godolphinresources.com.au