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TURNSTONE RESOURCES LTD — Capital/Financing Update 2023
Aug 7, 2023
65958_rns_2023-08-07_dde40f97-e3bb-48cb-9467-674ca03562cf.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
8 August 2023
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SHARE PURCHASE PLAN INDICATIVE TIMETABLE
South Harz Potash Limited (ASX: SHP) ( South Harz or the Company ) refers to the Share Purchase Plan ( SPP ) announced on 2 August 2023 ( Announcement ).
South Harz advises that the indicative timetable in the Announcement has been revised and is set out below. The timetable is indicative only and is subject to change for reasons both inside and outside of the Company's control. South Harz reserves the right to vary the timetable in its discretion, without warning, subject to ASX Listing Rules.
| Event | Date |
|---|---|
| SPP Record Date | 5:00pm(WST)Tuesday, 1 August 2023 |
| Placement and SPP announcement and lodgement of Appendix 3B | Wednesday, 2 August 2023 |
| Despatch of SPP Offer Booklet Eligible Shareholders and release of Booklet on the ASX |
Thursday, 10 August 2023 |
| SPP Offer Opens | Friday, 11 August 2023 |
| SPP Offer Closes | Thursday, 24 August 2023 |
| Announcement of Results of SPP | Wednesday, 30 August 2023 |
| Issue of New Shares under the SPP, Lodgement of Appendix 2A | Thursday, 31 August 2023 |
| Officialquotation and commence tradingof SPP Shares | Friday, 1 September 2023 |
The above timetable is indicative only and subject to change. The Company reserves the right to amend any or all of these dates at their absolute discretion, subject to the Corporations Act 2001 (Cth), the ASX Listing Rules and any other applicable laws. The quotation of the New Shares is subject to approval from the ASX.
This ASX release has been approved by CEO & Managing Director, Luis da Silva.
Investor and media enquiries
Luis da Silva Michael Vaughan CEO & Managing Director Fivemark Partners South Harz Potash Ltd +61 422 602 720 [email protected] [email protected]
CONTACT DETAILS ABN: 64 153 414 852 W: southharzpotash.com ASX Code: SHP E: [email protected] ASX Code (Options): SHPO P: +61 (0) 408 447 493 Frankfurt Code: A2DWXX
600.0M Ordinary Shares 64.7M Unlisted Options
U13, 6 – 10 Douro Place West Perth WA 6005
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About South Harz
South Harz Potash (ASX: SHP) ( South Harz ) is a potash exploration and development company with its flagship project located in the South Harz Potash District of Germany, midway between Frankfurt and Berlin.
The South Harz Project hosts a globally large-scale potash JORC (2012) Mineral Resource estimate of 5 billion tonnes at 10.6% K2O of Inferred resources and 258 million tonnes at 13.5% K2O of Indicated Resources across four wholly-owned project areas located favourably within central Europe.[1] This comprises three perpetual potash mining licences, Ohmgebirge, Ebeleben and Mühlhausen-Nohra, and two potash exploration licences, Küllstedt and Gräfentonna, covering a total area of approximately 659km.
With strong established infrastructure proximate to the key European market, the South Harz Project is well positioned to enable rapid economic development across multiple deposits.
South Harz Potash: Growing a responsible potash business in the heart of Germany
www.southharzpotash.com
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- Refer to South Harz ASX release dated 12 July 2022 for full Mineral Resource estimate details. In accordance with ASX Listing Rule 5.23, the Company is not aware of any new information or data that materially affects the information included in this release, and the Company confirms that, to the best of its knowledge, all material assumptions and technical parameters underpinning the estimates in these releases continue to apply and have not materially changed.