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VERITY RESOURCES LIMITED — Capital/Financing Update 2024
Dec 23, 2024
66020_rns_2024-12-23_0a46f739-64b0-47a1-840f-3cd1287e648c.pdf
Capital/Financing Update
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ASX Announcement 23 December 2024
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Section 708A(5)(e) Cleansing Notice
Verity Resources Limited ( Verity , or the Company ) (formerly Si6 Metals Limited, ASX:SI6 ) gives this notice pursuant to section 708(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).
The Company advises that it has issued a total of 1,800,000 fully paid ordinary shares in the capital of the Company, per the Appendix 2A dated 23 December 2024 (“Shares”). The Shares were issued without disclosure to investors under Part 6D.2 of the Act.
The Company, as at the date of this notice, has complied with:
a) the provisions of Chapter 2M of the Act as they apply to the Company; and b) section 674 and section 674A of the Corporations Act.
As at the date of this notice, there is no information to be disclosed which is excluded information (as defined in section 708A(7) of the Corporations Act) that is reasonable for investors and their professional advisers to expect to find in a disclosure document.
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This announcement has been authorised for release by the Board of Verity Resources Limited.
For further information, please contact:
Verity Resources Limited
About Verity Resources
Verity Resources owns 100% of the Monument Gold project located near Laverton in Western Australia. This project currently has a JORC-compliant (2012) Inferred resource of 3.257 Mt @ 1.4 g/t for 154,000 ounces Au. (inferred resources calculated by CSA Global in 2021 to JORC 2012 compliance using a 0.5 g/t cut-off grade; see 2 August 2021 ASX announcement “Mineral Resources Estimate declared for Monument Gold Project “for further information).
Verity Resources also holds a supply critical metals portfolio via a joint venture that includes rare earth elements, lithium, gold, base and precious metals in Brazil, including licences in the “Lithium Valley” and Poços de Caldas in the state of Minas Gerais, globally known as prolific lithium and rare earth elements districts respectively. The Company also owns 70% of the Pimenta Project, a potential large-scale REE project in eastern Minas Gerais.
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168 Stirling Highway Nedlands WA 6009
Verity Resources Limited | ASX:VRL ACN 122 995 073
Verity Resources also holds a base and precious metals project in the Limpopo Mobile Belt in Botswana, a district known for hosting major nickel and copper producing operations. The Company’s Botswana portfolio contains three flagship projects where high-grade Cu-Ag (Airstrip and Dibete) and a Maiden JORC Inferred Resource (Maibele North) have been discovered. Maibele North currently hosts a JORC (2012) inferred resource of 2.4Mt @ 0.72% Ni and 0.21% Cu + PGE’s + Co + Au and is located within 50km of the Selebi-Phikwe mine recently acquired by TSX-listed Premium Nickel Resources Ltd (TSX-V:PNRL).
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168 Stirling Highway Nedlands WA 6009
Verity Resources Limited | ASX:VRL ACN 122 995 073