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OMNIA METALS GROUP LTD — Capital/Financing Update 2022
Dec 7, 2022
65494_rns_2022-12-07_2747d708-3a4d-4750-9761-cb12081fe74a.pdf
Capital/Financing Update
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8 December 2022
ASX Announcement
Loyalty Option Entitlement Offer Completes
Omnia Metals Group Limited (ASX: OM1) (“Company”) advises that the non-renounceable entitlement issue pursuant to the Company’s prospectus dated 16 November 2022 ( Prospectus ) closed on 5 December 2022 ( Loyalty Offer ).
The Loyalty Offer offered eligible shareholders registered on the Record Date the ability to subscribe for one (1) option (exercisable at $0.25 and expiring on 28 February 2025) ( Loyalty Options ) for every two (2) shares held at an issue price of $0.001 per Loyalty Option.
Total applications for 13,942,493 Loyalty Options were received under the Loyalty Offer resulting in a shortfall of 4,872,507 Loyalty Options. The Loyalty Options subscribed for under the Loyalty Offer will be allotted and holding statements will be despatched to subscribers on or about 12 December 2022.
The Company will seek quotation of the Loyalty Options subject to satisfaction of the quotation requirements under the ASX Listing Rules.
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This announcement is approved for release by the Board of Omnia Metals Group
For further information please contact:
James Warren Managing Director [email protected]
Amalie Schreurs White Noise Communications T: +61 431 636 033 [email protected]