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HAWSONS IRON LTD Capital/Financing Update 2020

Oct 21, 2020

65053_rns_2020-10-21_d95084b8-02a2-4ae4-b3ad-fac4f7806734.pdf

Capital/Financing Update

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22 October 2020

Carpentaria Resources Limited Share Purchase Plan Close

Carpentaria Resources Limited (ASX: CAP) is pleased to advise that its share purchase plan ( SPP ), announced to the market on 8 October 2020, has now been closed and was oversubscribed.

Under the SPP, Carpentaria offered eligible shareholders the opportunity to subscribe for new shares up to a maximum value of $30,000 per eligible shareholder (subject to a scale-back).

Applications received totalled approximately $1.44 million exceeding the Company’s target of $1.19 million (before costs) for the SPP. The directors will scale-back applications and where applicable issue refunds in accordance with the SPP offer booklet. The Company will announce the final allocation details in the coming days.

The Company very much appreciates the support of its shareholders.

Released by authority of the Board Carpentaria Resources Ltd +61 7 3220 2022

[email protected] carpentariares.com

Carpentaria Resources Limited Level 6, 345 Ann Street Brisbane Qld 4000

ABN : 63 095 117 981 ASX : CAP PO Box 10919, Adelaide St Brisbane Qld 4000

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