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OMNIA METALS GROUP LTD — Capital/Financing Update 2025
Mar 13, 2025
65494_rns_2025-03-13_e9fc0537-7910-43c0-be07-067f56373b95.pdf
Capital/Financing Update
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ASX: OM1
OMNIA COMPLETES CAPITAL RAISING
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Omnia Metals Group Ltd (“ Omnia ” or the “ Company ”) (ASX: OM1) is pleased to announce that it has received firm commitments for a $1.5 million (before costs) capital raise through a private placement (“ Placement ”) to new and existing institutional and sophisticated investors.
OMNIA METALS EXECUTIVE DIRECTOR JAMES WARREN SAID:
“I am pleased to announce that we have successfully completed our capital raising, thereby fulfilling a key condition required by the ASX for our reinstatement. This significant milestone underscores the ongoing support from our investors and positions Omnia for continued growth and development.”
Omnia will issue a total at 150,000,000 new fully paid ordinary shares at an issue price of $0.01 per share (“ Shares ”). Each Share has a free attaching option on a 1-for-1 basis which are exercisable at $0.025 per option on or before the date that is three years from the date of issue (“ Options ”).
The Company received shareholder approval to issue 150,000,000 Shares and 150,000,000 Options (together, “ Securities ”) at the General Meeting held on 24 December 2024 and detailed in the Notice of General Meeting dated 25 November 2024 (“ NoM ”).
Due to the length of time OM1’s securities have been in suspension, the Company is unable to cleanse the Securities by way of a ‘cleansing notice’ under section 708A(5) of the Corporations Act 2001 (Cth). The Company will release a cleansing prospectus in connection with the issuance of the Securities on Monday, 24 March 2025.
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This announcement is approved for release by the Board of Omnia Metals Group Ltd.
For further information please contact:
INVESTORS
James Warren
EXECUTIVE DIRECTOR
ABOUT OMNIA METALS GROUP
Omnia Metals Group Ltd (ASX:OM1) goal is to become a leader in the exploration, and development, of future facing commodities used in advanced technologies and essential to the global energy transition.