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ORBMINCO LIMITED — Capital/Financing Update 2021
Nov 18, 2021
65473_rns_2021-11-18_256836bb-3950-4538-9028-9e022b43b232.pdf
Capital/Financing Update
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Woomera Mining Limited
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Suite 116, 147 Pirie Street Adelaide SA 5000 [email protected] www.WoomeraMining.com.au
19 November 2021
ASX Announcement
ISSUE OF RIGHTS OFFER SHARES
Woomera Mining Limited (ASX: WML) (‘Woomera’ or ‘the Company’) is pleased to advise that it has today issued 50,667,430 ordinary shares to the Rights Offer applicants under the Company’s Offer Booklet dated 13 October 2021.
The issued capital of the Company following completion of the allotment above is as follows:
| Securities | Number on Issue | |
|---|---|---|
| SharesFully paid ordinary shares | 618,834,094 | |
| Listed optionsWMLOB options exercisable at $0.03 and expiring on 30 June 2023WMLOC options exercisable at $0.035 and expiring on 31 May 2024 | 88,466,17179,779,478 | |
| Unlisted optionsOptions exercisable at $0.05 each on or before 31 December 2022 | 20,000,000 |
An Appendix 2A seeking quotation of the Rights Offer Shares has been released in conjunction with this announcement.
This ASX announcement has been approved by the Board of Woomera Mining Ltd and authorised for release by:
Jonathan W. Lindh Company Secretary Woomera Mining Limited +61 8 8232 6201
About Woomera Mining Limited
Woomera Mining Limited is a focussed precious metal and base metal explorer. The Company is exploring for precious metals and massive nickel-copper sulphides in Western Australia (Mt Venn JV Project) and nickelcopper sulphides (Musgrave Project) along with copper-gold mineralisation (Labyrinth Project - Gawler Craton) in South Australia.
Woomera’s portfolio also includes lithium exploration tenements in Western Australia, which are the subject of a strategic review announced in February, 2021.