AI assistant
RAGNAR METALS LIMITED Capital/Financing Update 2021
65660_rns_2021-05-24_1aa9a87c-19fc-46d3-b5e2-bb15941a0d23.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
Market Announcement
25 May 2021
Ragnar Metals Limited – (ASX: RAG) – Anticipated Reinstatement to Official Quotation
Description
The securities of Ragnar Metals Limited ('RAG') are expected to be reinstated to Official Quotation at the commencement of trading at 10:06:45 AEST on Thursday, 27 May 2021, following its re-compliance with Chapters 1 and 2 of the ASX Listing Rules. RAG raised $5,500,000.00 pursuant to the offer under its prospectus dated 7 April 2021 ('Prospectus') by the issue of 275,000,000 shares at an issue price of $0.02 per share and 91,666,497 quoted options exercisable at $0.04 expiring on or before Friday, 19 May 2023.
Quotation information
| Quoted Securities: | 337,684,889 fully paid ordinary shares |
|---|---|
| 91,666,497 options exercisable at $0.04 per option expiring on or before 19May 2023 ('Options') | |
| ASX Code: | RAG |
| RAGOC | |
| Time: | 10:06:45 AEST (+/- 15 seconds) as part of Group 4 |
| Date: | Thursday, 27 May 2021 |
| ASX Trade Abbreviation: | RAGNAR |
| ISIN: | AU0000031304 |
| Home Branch: | Perth |
| Industry Classification: | TBA |
| Registered Office: | Address: Level 3, 35 Outram Street, West Perth, WA 6005 |
| Telephone: +61 8 6245 2050 | |
| Email: [email protected] | |
| Company Secretary: | Jessamyn Lyons |
| Share Registry: | Computershare Investor Services Pty Limited |
| Address: Level 11, 172 St Georges Terrace, Perth, WA 6000 | |
| Perth Office: +61 8 9323 2000 | |
| Within Australia: 1300 555 159 | |
| Outside Australia: +61 3 9415 4062 | |
| Balance Date: | 30 June |
| CHESS: | Participating. CHESS and Issuer Sponsored. |
| Place of Incorporation: | Western Australia |
| Dividend Policy: | See section 1.23 of RAG's Prospectus |
| Activities: | Mineral exploration |
|---|---|
| Lead Manager: | CPS Capital Group Pty Ltd |
| Underwriter: | NA |
| ASX Restricted Securities: | 60,000,000 Options exercisable at $0.04 expiring on 19 May 2023 to beheld in escrow until 27 May 2023, being 24 months from the date ofreinstatement of trading in RAG's securities. |
| 6,500,000 fully paid ordinary shares classified by ASX as restrictedsecurities and to be held in escrow until 19 May 2022, being 12 monthsfrom the date of issue. | |
| 4,000,000 Options exercisable at $0.04 expiring on 19 May 2023 classifiedby ASX as restricted securities and to be held in escrow until 19 May 2022,being 12 months from the date of issue. | |
| Other Securities Not Quoted: | 4,000,000 employee options with vesting conditions as set out in theProspectus exercisable at $0.04 expiring on 19 May 2023 |
| 7,000,002 options exercisable at $0.10 on or before 8 June 2021 | |
| 5,000,000 options exercisable at $0.125 on or before 8 June 2021 | |
| 400,000 options exercisable at $0.15 on or before 8 June 2021 | |
| 3,500,000 options exercisable at $0.105 on or before 13 June 2021 | |
| 600,000 options exercisable at $0.075 on or before 2 September 2022 |
What do I need to do and by when?
Please refer to RAG's Prospectus.
Need more information?
For further information, please call the Company on 08 6245 2050.
Disclaimer
Please refer to the following disclaimer.
Issued by
Gabriella Storey Adviser, Listings Compliance (Perth)