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HAMMER METALS LIMITED — Capital/Financing Update 2021
Jul 14, 2021
65065_rns_2021-07-14_af4b7f6b-86eb-42ed-8af1-6af0015922b0.pdf
Capital/Financing Update
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ISSUE OF SECURITIES
ASX RELEASE 15 July 2021
DIRECTORS / MANAGEMENT
Russell Davis Chairman
Hammer Metals Ltd (ASX:HMX) (“ Hammer ” or the “ Company ”) is pleased to advise that it today issued 6,842,104 to directors as approved by shareholders at the Company’s recent general meeting.
These shares represent the Directors’ participation in the placement completed in April, and were issued at a price of $0.095 per share.
A cleansing notice pursuant to section 708A(5)(e) of the Corporations act and an Appendix 2A follow for immediate release.
Daniel Thomas Managing Director
Ziggy Lubieniecki Non-Executive Director
David Church Non–Executive Director
Mark Pitts Company Secretary
Mark Whittle Chief Operating Officer
This announcement has been authorised for issue by Mr Daniel Thomas, Managing Director, Hammer Metals Limited in accordance with ASX Listing Rule 15.5.
For further information please contact:
Daniel Thomas Managing Director
T +61 8 6369 1195 E [email protected]
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CAPITAL STRUCTURE
ASX Code: HMX
Share Price (14/07/2021) $0.094 Shares on Issue 813m Market Cap $76m Options Unlisted 27m Performance Rights 6.5m
T (08) 6369 1195 E [email protected] ABN 87 095 092 158 P Unit 1, 28-30 Mayfair Street, West Perth, WA 6005
ASX:HMX hammermetals.com.au
About Hammer Metals
Hammer Metals Limited (ASX: HMX) holds a strategic tenement position covering approximately 2,200km[2] within the Mount Isa mining district, with 100% interests in the Kalman (Cu-Au-Mo-Re) deposit, the Overlander North and Overlander South (Cu-Co) deposits and the Elaine (Cu-Au) deposit. Hammer also has a 51% interest in the emerging Jubilee (Cu-Au) deposit. Hammer is an active mineral explorer, focused on discovering large copper-gold deposits of Ernest Henry style and has a range of prospective targets at various stages of testing.
Hammer also has a 100% interest in the Bronzewing South Gold Project located adjacent to the 2.3 millionounce Bronzewing gold deposit in the highly endowed Yandal Belt of Western Australia.
About JOGMEC
Japan Oil, Gas and Metals National Corporation is a Japanese government Independent Administration Institution tasked to ensure a stable supply of mineral resources for Japan. JOGMEC has a demonstrated track record of participating in the Australian mineral exploration industry. Further details about JOGMEC can be found on the corporation’s website: http://www.jogmec.go.jp/english/index.html