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MOHO RESOURCES LIMITED — Capital/Financing Update 2023
Jun 8, 2023
65359_rns_2023-06-08_2a23ffbb-7713-4ddf-9da4-53dd63ffeb12.pdf
Capital/Financing Update
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9 June 2023
MOHO RESOURCES LIMITED – OPTION EXPIRY NOTIFICATION
Moho Resources Limited (ASX:MOH) ( Moho or the Company ) advises that the Company’s 30,670,240 listed options exercisable at $0.25 expire on 9 July 2023 (ASX:MOHO). The Company is relying on ASX Appendix 6A section 5.3 to the extent necessary to permit the Company not to send an option expiry notice to Option holders of the expiring options. The Company will advise once the options have expired.
In accordance with Clause 5.2 of Appendix 6A of the ASX Listing Rules, Moho provides quoted Option holders with the following information:
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a) The number of quoted options to which this notice applies is 30,670,240.
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b) On exercise, each quoted option entitles the holder to receive one fully paid ordinary share in the Company. If all of the quoted options were exercised, 30,670,240 fully paid ordinary shares in the Company would be issued.
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c) The exercise price for each quoted option is $0.25 (Exercise Price).
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d) The due date for payment of the Exercise Price is 5:00pm (WST) on 9 July 2023 (Expiry Date).
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e) If the payment is not received before the Expiry Date, the quoted options will expire unexercised and all rights will cease.
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f) Official quotation of the quoted options will cease on 3 July 2023, being four business days before the Expiry Date.
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g) The market price of the Company’s shares on 8 June 2023 (being the last trading day prior to the date of this notice) was $0.013 (1.3 cents).
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h) The highest market price of the Company’s fully paid ordinary shares during the 6 months immediately before this notice was issued was $0.043 (4.3 cents) on 20 April 2023. The lowest market price of the Company’s fully paid ordinary shares during the 6 months immediately before this notice was issued was $0.013 (1.3 cents) on 30 May 2023, 31 May 2023, 1 June 2023, 2 June 2023, 5 June 2023, 6 June 2023, 7 June 2023 and 8 June 2023.
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i) The exercise of options is not underwritten.
This announcement has been authorised for release to the market by the Managing Director of Moho Resources Limited.
RALPH WINTER
MANAGING DIRECTOR
MOHO RESOURCES LIMITED