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RONIN RESOURCES LTD — Capital/Financing Update 2022
Feb 8, 2022
65728_rns_2022-02-08_5cc5d454-f313-4819-a875-b50408c09453.pdf
Capital/Financing Update
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ASX Announcement
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ACN 625 330 878
Registered Office:
Level 21, 459 Collins Street Melbourne VIC 3000
Contact:
Phone: +61 (0)3 8630 3321 Email: [email protected]
9 February 2022
Release of securities from escrow
Ronin Resources Ltd ( ASX: RON ) ( Ronin or the Company ) advises that in accordance with ASX Listing Rule 3.10A, 2,000,000 unlisted options (Options) exercisable at $0.30 (30 cents) per option on or before 17 February 2024 will be released from escrow on 17 February 2022.
Board of Directors:
Joseph van den Elsen (Executive Chairman)
Matthew Keen (Non-Executive Director)
Wilson Escobar Castaneda (Non-Executive Director)
These Options were placed into escrow as part of the Company’s listing on ASX in December 2021.
For more information, please contact:
Justin Mouchacca Company Secretary P: +61 (0)3 8630 3321
Company Secretary: Justin Mouchacca
-Ends-
Securities on Issue:
31,625,010 ordinary shares 3,925,000 unlisted $0.30c options 200,000 Performance Rights
Share Price – $0.18 (8 February 2022)
Market capitalisation – $5.7M (at $0.18)
Cash at Bank – $4.75M (31 December 2021)
This announcement has been approved for release by the Board of RON.
About Ronin Resources Ltd
The Company was admitted to the Official List (ASX code: RON) in December 2021 and is focused on the assessment and evaluation of the Vetas and Santa Rosa Projects. Ronin holds a 100% interest in both projects which are located in Colombia. The Company also seeks to identify, assess and potentially acquire complementary new business opportunities capable of delivering shareholder returns.
About Ronin Resources Ltd
Ronin Resources Limited (ASX: RON) is an ASX listed company focused on the evaluation and assessment of the Vetas and Santa Rosa Projects. Both projects are located in Colombia and 100% owned by Ronin. The Company also seeks to evaluate and assess complementary new business opportunities capable of delivering shareholder returns.