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IONIC RARE EARTHS LIMITED — Capital/Financing Update 2023
Dec 7, 2023
65151_rns_2023-12-07_23963d1c-054d-40e2-a83c-14db0605ff3a.pdf
Capital/Financing Update
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8 December 2023
Extension of Closing Date for Share Purchase Plan
Ionic Rare Earths Limited (ASX: IXR) (“IonicRE” or “the Company”) advises that the closing date for its share purchase plan ("SPP " ) will be extended from Tuesday, 12 December 2023 to Friday, 15 December 2023.
The Company is extending the closing date of the SPP to ensure that all shareholders have time to consider several recent announcements and to allow eligible shareholders additional time to submit applications and arrange settlement before the closing date.
Eligible Shareholders may subscribe for up to $30,000 worth of new fully paid ordinary shares ("Shares") under the SPP at an issue price of $0.021 per Share ("Issue Price " ). All other terms of the SPP remain the same. Shareholders that have already applied for Shares under the SPP are not required to re-submit their application form.
The SPP is subject to the terms and conditions set out in the SPP Offer Booklet. A copy of the SPP Offer Booklet, along with instructions on how to apply for the SPP and submit payment is available online at http://www.computersharecas.com.au/IXRSPP .
The Updated timetable is:
| Event | Date | |
|---|---|---|
| Record date for eligibility to participate in SPP | Friday, 17 November 2023 | |
| Announcement of SPP | Monday, 20 November 2023 | |
| SPP Offer open date | Tuesday, 28 November 2023 | |
| SPP closing date | 2:00 pm (AWST) onFriday,15 December 2023 | |
| Announcement of SPP Participation Results | Friday, 22 December 2023 | |
| Allotment of New Shares under the SPP | Friday, 22 December 2023 |
The above timetable is indicative only and subject to change. The Company reserves the right to amend these dates at its absolute discretion, subject to the Corporations Act 2001 (Cth), the ASX Listing Rules and other applicable laws.
If you have any questions in relation to the SPP, please call the Information Line on 1300 850 505 (within Australia) or +61 3 9415 4000 (outside Australia) any time between 8.30am and 5.00pm (AEDT), Monday to Friday
Authorised for release by the Board.
For enquiries, please contact:
Brett Dickson
Chief Financial Officer & Company Secretary Ionic Rare Earths Limited Ph: +61 8 6187 7500 E: [email protected]
Ionic Rare Earths Limited, Level 5 South, 459 Collins Street, Melbourne VIC 3000 T+61 3 9776 3434 E [email protected]