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ORBMINCO LIMITED — Capital/Financing Update 2024
Sep 24, 2024
65473_rns_2024-09-24_d4cc3582-7ebe-4e4f-9b24-98a7f8c47ae1.pdf
Capital/Financing Update
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25 September 2024
ASX ANNOUNCEMENT
Share Purchase Plan Results
Woomera Mining Limited (ACN 073 155 781) (ASX:WML) ( Woomera or the Company ) is pleased to announce that the Share Purchase Plan offered to Eligible Shareholders ( SPP ) closed on 20 September 2024 raising $267,500.
The SPP was announced on 12 August 2024 in conjunction with a two tranche share placement to professional and sophisticated investors to raise $1.7m.
Under the SPP, Eligible Shareholders were invited to subscribe for up to $30,000 or 12,000,000 fully paid ordinary shares ( New Shares ) at an offer price of $0.0025 to raise approximately $300,000 (before costs), together with one (1) free attaching Option for every one (1) New Share subscribed.
Following the receipt of shareholder approval earlier today, a total of 107,000,000 New Shares and 107,000,000 attaching Options under the SPP will be issued on 26 September 2024, and will commence trading on the ASX on 27 September 2024.
The Company wishes to thank all participating shareholders for their continuing support.
This ASX announcement was approved for release by the Board of Woomera Mining.
For further information please contact:
Ian Gordon Ralf Kriege Chairman Managing Director Woomera Mining Limited Woomera Mining Limited + 61 477 306 669 +61 458 022 509
About Woomera Mining Limited
Woomera Mining Limited is a focussed mineral explorer. The Company is exploring for copper and gold in Mongolia and battery metals (lithium nickel, copper + PGE’s) and gold in the Yilgarn and Pilbara Cratons of Western Australia.
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