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REACH RESOURCES LIMITED Capital/Financing Update 2021

Jun 1, 2021

65731_rns_2021-06-01_d0fa9845-2151-4ddf-b310-648395f2f052.pdf

Capital/Financing Update

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Market Announcement

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2 June 2021

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Cervantes Corporation Limited – (ASX: CVS) – Anticipated Reinstatement to Official Quotation

Description

The securities of Cervantes Corporation Limited (‘CVS’) are expected to be reinstated to Official Quotation at the commencement of trading at 10:02:15 am AEST on Friday, 4 June 2021.

CVS raised $3,366,512 pursuant to the entitlement offer and placements under its prospectus dated 16 April 2021 (‘Prospectus’), with respect to the entitlement offer the issue of 268,004,155 shares at an issue price of $0.003 per share and 134,002,075 free attaching quoted options exercisable at $0.01 on or before 20 May 2024 and with respect to the placements by the issue of 750,000,000 shares at an issue price of $0.003 per share and 375,000,000 free attaching quoted options exercisable at $0.01 on or before 20 May 2024 and 625,000,000 quoted options at an issue price of $0.0005 exercisable at $0.01 on or before 20 May 2024.

Quotation information

Quoted Securities: 1,554,012,464 fully paid ordinary shares1,134,002,075 options exercisable at $0.01 on or before 20 May 2024
ASX Code: CVS – fully paid ordinary sharesCVSO - options
Time: 10:02:15 am AEDT (15+/- seconds) as part of Group 2
Date: Friday, 4 June 2021
ASX Trade Abbreviation: CERVANTES
ISIN: AU000000CVS7 – sharesAU0000146813 – quoted options
Home Branch: Perth
Industry Classification: Materials
Registered Office: Shop 11, South Shore Plaza85 The EsplanadeSouth Perth WA 6151Tel: 08 6436 2300
Company Secretary: Mr Christopher Achurch
Share Registry: Advanced Share Registry ServicesAddress:110 Stirling Highway, Nedlands, WA 6009Phone:1300 113 258 (Within Australia)Fax:+61 8 6370 4203Email:[email protected]
Balance Date: 30 June

Market Announcement 1/2 ASX Customer Service Centre 131 279 | asx.com.au

2 June 2021 ASX Limited

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CHESS: Participating. CHESS and Issuer Sponsored.
Place of Incorporation: Western Australia
Dividend Policy: See section 5.8 of CVS’s Prospectus
Activities: Mineral Exploration
Lead Manager: Westar Capital Limited
Level 4, 216 St Georges Terrace
Perth WA 6000
Underwriter: Westar Capital Limited
Level 4, 216 St Georges Terrace
Perth WA 6000
ASX Restricted Securities: N/A
Other Securities Not Quoted: 25,750,000 options exercisable at $0.01 on or before 31 December 2022
18,000,000 options exercisable at $0.01 on or before 31 December 2023

What do I need to do and by when?

Please refer to CVS’s Prospectus.

Need more information?

For further information, please call 08 6436 2300

Disclaimer

Please refer to the following disclaimer.

Issued by

Elizabeth Harris

Manager, Listings Compliance (Perth)

Market Announcement 2/2

2 June 2021