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ORBMINCO LIMITED — Capital/Financing Update 2025
Apr 28, 2025
65473_rns_2025-04-28_a248c702-ce3d-49a1-a9ef-0396a29fc3a8.pdf
Capital/Financing Update
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ASX OB1
ASX Announcement | 29 April 2025
Entitlement Offer Results
Orbminco Limited (ACN 073 155 781) (ASX: OB1) ( OB1 or the Company ) advises that its Non-renounceable Entitlement Offer of 1 New Share for every 2 Shares held at an offer price of $0.001 per New Share closed on Thursday 24 April 2025 ( Entitlement Offer ).
The table below sets out the number of New Shares to be issued pursuant to the Entitlement Offer.
| Summary | New Shares | Gross Proceeds |
|---|---|---|
| Entitlements taken upbyEligible Shareholders | 174,656,044 | $0.174 m |
| Additional Shares applied for under Shortfall Facility | 56,321,826 | $0.56 m |
| Total Entitlement Offer and Shortfall acceptances | 230,977,870 | $0.230 m |
| RemainingShortfall | 852,317,447 | $0.852 m |
The New Shares associated with the applications received are scheduled to be issued on Thursday 1 May 2025, with normal trading of those securities expected to commence on Friday 2 May 2025.
As disclosed in the Offer Booklet, the Board reserves the right to place any of the remaining shortfall shares at the same price of A$0.001 per share within 3 months and is currently in discussions with various interested parties in subscribing for shortfall.
The Company wishes to thank all participating shareholders for their continuing support.
This ASX announcement has been approved and authorised for release by OB1’s Board of Directors.
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Orbminco Limited ABN 99 073 155 781 Suite 101, 147 Pirie St Adelaide, SA 50005/10 Johnston St, Peppermint Grove WA, 6011 A [email protected] [email protected] E orbminco.com.au (08) 6245 2490 P
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ASX OB1
For further information please contact:
Ralf Kriege Ian Gordon Managing Director Chairman Orbminco Limited Orbminco Limited +61 458 022 509 + 61 477 306 669
About Orbminco Limited
Orbminco Limited is exploring for copper and gold in Mongolia and battery metals (lithium nickel, copper + PGE’s) and gold in the Yilgarn Craton of Western Australia.
Forward Looking Statements
Certain statements in this document are or maybe “forward-looking statements” and represent Woomera’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Woomera, and which may cause Woomera’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this document is a promise or representation as to the future. Statements or assumptions in this document as to future matters may prove to be incorrect and differences may be material. Orbminco does not make any representation or warranty as to the accuracy of such statements or assumptions.
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Orbminco Limited ABN 99 073 155 781 Suite 101, 147 Pirie St Adelaide, SA 50005/10 Johnston St, Peppermint Grove WA, 6011 A [email protected] [email protected] E orbminco.com.au (08) 6245 2490 P