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HILLGROVE RESOURCES LIMITED — Capital/Financing Update 2021
Oct 13, 2021
65051_rns_2021-10-13_3cfc9a97-54b4-45da-8420-3a3f4ca6efbd.pdf
Capital/Financing Update
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Thursday, 14 October 2021
EXTENSION OF SHARE PURCHASE PLAN
Hillgrove Resources Limited (Hillgrove, the Company) (ASX:HGO) refers to its Share Purchase Plan which was announced to the market on 22 September 2021 (SPP).
The Company wishes to advise that due to delays experienced with Australia Post deliveries and feedback received from Shareholders, the closing date for the SPP will be extended for a period of one week from Thursday, 14 October 2021 until 5:00pm Thursday, 21 October 2021 (Sydney time).
Under the SPP, eligible shareholders can apply for up to $30,000 of new fully paid ordinary shares at the offer price of $0.052 per share, subject to certain limitations, without incurring brokerage or other transaction costs.
An updated indicative timetable with the new closing date for the SPP is as follows:
| INDICATIVE TIMETABLE INFORMATION | |
|---|---|
| Record date for SPP Offer | Tuesday 21-Sep-2021 |
| SPP Offer opens and despatch of SPP Offer booklet | Monday 27-Sep-2021 |
| SPP Offer revised closing date | Thursday 21-Oct-2021 |
| Announce results of SPP Offer | Thursday 28-Oct-2021 |
| Allotment of new shares under the SPP Offer | Thursday 28-Oct-2021 |
| Quotation of new shares under the SPP Offer | Friday 29-Oct-2021 |
Note – The timetable is indicative only and subject to change. The commencement and quotation of new shares is subject to confirmation from ASX. Subject to the requirements of the Corporations Act, the ASX Listing Rules and other applicable rules, Hillgrove reserves the right to amend this timetable at any time, including extending the period for the SPP or accepting late applications, either generally or, in particular cases, without notice.
For more information contact:
Mr Lachlan Wallace CEO & Managing Director Tel: +61 (0)8 7070 1698
Mr Joe Sutanto Chief Commercial Officer & Company Secretary Tel: +61 (0)8 7070 1698
IIII HILLGROVE RESOURCES LIMITED 5 – 7 King William Rd, Unley SA 5061, Australia ACN 004 297 116
www.hillgroveresources.com.au T +61 8 7070 1698