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TREK METALS LIMITED — Capital/Financing Update 2021
Nov 16, 2021
65923_rns_2021-11-16_1c76e0d6-e608-459c-b91a-e4b45b2b2ac0.pdf
Capital/Financing Update
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17 NOVEMBER 2021 ASX/MEDIA RELEASE
EXTENSION TO SHARE PURCHASE PLAN
Key Points:
-
Trek to extend the closing date of the Share Purchase Plan (SPP) to 24 November 2021.
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SPP is on the same terms as the recent placement to strategic investors at $0.115 per share.
Trek Metals Limited ( ASX: TKM, Trek or the Company ) is pleased to advise that it will extend the closing date for its current Share Purchase Plan (“ SPP” ) to 5.00pm WST on Wednesday 24[th] November 2021 to allow eligible shareholders to participate. The decision to extend the closing date was taken in order to ensure all eligible shareholders have an opportunity to consider the offer and provide sufficient time to participate.
Trek’s Directors have confirmed that they will take up their full entitlement in the SPP.
Under the SPP, the Company is giving eligible shareholders the opportunity to subscribe for up to $30,000 worth of shares at an issue price of $0.115 per share without incurring brokerage, commission or other transaction costs. An eligible shareholder is any shareholder recorded on the Trek register as at 19[th] October 2021.
Revised Indicative Timetable*
| Revised Indicative Timetable* | |
|---|---|
| Record Date for Share Purchase Plan | 5.00pm (WST) 19thOctober 2021 |
| Dispatch Share Purchase Plan booklet to shareholders, SPP Opening date |
28thOctober 2021 |
| Closing date for Share Purchase Plan | 24thNovember 2021 |
| Announcement of result of Share Purchase Plan |
29thNovember 2021 |
| Issue of new Shares under the Share Purchase Plan and lodge Appendix 2A |
30thNovember 2021 |
*[These dates are indicative only. The Company may vary the dates and times of the SPP by lodging a revised notice with the ASX]
Full details of the SPP are set out in the offer booklet announced to the ASX on 28 October 2021. Any shareholder with enquiries in relation to the SPP can contact Computershare investor services on 1300 850 505 or the Company Secretary on [email protected]
Approved for release by John Young – Executive Director.
Trek Metals Limited | ARBN 124 462 826
130 Stirling Highway, North Fremantle WA 6159 | Locked Bag 4, North Fremantle WA 6159 | Australia Tel +61 (0)8 6215 0371 | [email protected] www.trekmetals.com.au
ENDS
For further information contact:
| INVESTORS: MEDIA: |
INVESTORS: MEDIA: |
INVESTORS: MEDIA: |
INVESTORS: MEDIA: |
|---|---|---|---|
| John Young Derek Marshall Nicholas Read [email protected] [email protected] 0419 929 046 |
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| REGISTERED OFFICES – TREK METALS LIMITED ARBN 124 462 826 | |||
| Australia 130 Stirling Highway North Fremantle WA 6159 |
Bermuda Vallis Building, 4th Floor 58 Par-la-Ville Road Hamilton HM 11 |
Postal Address Locked Bag 4 NORTH FREMANTLE WA 6159 |
ASX TKM | TREKMETALS.COM.AU | T Ph 08 6215 0371 | E [email protected] | 2