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TECHGEN METALS LTD Capital/Financing Update 2021

Mar 31, 2021

65913_rns_2021-03-31_500f5f88-449e-456c-b6ce-ee23ec2d957d.pdf

Capital/Financing Update

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Market Announcement

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1 April 2021

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TechGen Metals Ltd (ASX: TG1) – Admission and Commencement of Official Quotation

Description

TechGen Metals Ltd (‘TG1’) was admitted to the Official List of ASX Limited (‘ASX’) today, Thursday, 1 April 2021.

Official quotation of TG1’s ordinary fully paid shares will commence at 11:00 am AEST on Wednesday, 7 April 2021.

TG1 raised $6,000,000 pursuant to the offer under its prospectus dated 17 February 2021 (‘Prospectus’) by the issue of 30,000,000 shares at an issue price of $0.20 per share.

Quotation information

Quoted Securities: 38,528,785 fully paid ordinary shares/units
ASX Code: TG1
Time: 11:00 am AEST
Date: Wednesday, 7 April 2021
ASX Trade Abbreviation: TECHGEN
ISIN: AU0000137440
Home Branch: Perth
Registered Office: TechGen Metals Ltd
Address: Level 28, AMP Tower, 140 St Georges Terrace, Perth WA 6000
Phone: +61 8 6557 6606
Email: [email protected]
Company Secretary: Sathiaseelan (Rick) Govender
Share Registry: Automic Pty Ltd
Address: Level 5, 126 Phillip Street, Sydney NSW 2000
Phone: 1300 288 664
Email: [email protected]
Balance Date: 30 June
CHESS: Participating. CHESS and Issuer Sponsored.
Place of Incorporation: Western Australia
Dividend Policy: See section 3.12 of the Prospectus
Activities: Mineral exploration
Lead Managers: Novus Capital Limited and Vert Capital Pty Ltd
Underwriter: NA

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

1 April 2021 ASX Limited

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ASX Restricted Securities:

8,994,286 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 7 April 2023, being 24 months from the date of commencement of Official Quotation. 5,013,381 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 26 November 2021, being 12 months from the date of issue.

11,000,000 options exercisable at $0.30 on or before 7 April 2024, classified by ASX as restricted securities and to be held in escrow until 7 April 2023, being 24 months from the date of commencement of Official Quotation.

2,333,334 options exercisable at $0.30 on or before 7 April 2024, classified by ASX as restricted securities and to be held in escrow until 26 November 2021, being 12 months from the date of issue.

4,700,000 performance rights classified by ASX as restricted securities and to be held in escrow until 7 April 2023, being 24 months from the date of commencement of Official Quotation.

Other Securities Not Quoted: 500,000 options exercisable at $0.60 on or before 7 April 2023.

What do I need to do and by when?

Please refer to TG1’s Prospectus.

Need more information?

For further information, please call Automic Pty Ltd on 1300 288 664 (within Australia) or +61 2 9698 5414 (international) or Novus Capital Limited on +61 2 9375 0114 or +61 420 520 300 between the hours of 9:00am and 5:00pm (AEST).

Disclaimer

Please refer to the following disclaimer.

Issued by

Sandra Wutete

Senior Adviser, Listings Compliance (Perth)

Market Announcement 2/2

1 April 2021