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ZEUS RESOURCES LIMITED — Capital/Financing Update 2024
Dec 17, 2024
66116_rns_2024-12-17_d0b14201-c96b-4333-bfe2-67ba1e03f7ea.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
18 December 2024
PLACEMENT COMPLETE
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$300,000 received via a placement to sophisticated and wholesale investors at $0.008 per share.
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The Placement will include one (1) free-attaching option for every two (2) shares subscribed for under the Placement.
Zeus Resources Ltd (ASX: ZEU, “ Zeus ”, the “ Company ”) advised that it has received $300,000 (before costs) via a placement of fully paid ordinary shares to sophisticated and wholesale investors (“ Placement Participants ”) at $0.008 per share (“ Placement Shares ”) with one (1) free attaching option for every two (2) Placement Share subscribed (“ Placement ”). The options will be exercisable at $0.02 three years from the date of issue (“ Placement Options ”).
Full details of the Placement were released to market on 18 November 2024[1] .
Details of the Placement
The Company will issue up to 37,500,000 Placement Shares and 18,750,000 Placement Options to Placement Participants.
Lead manager
To facilitate the placement, the Company has engaged GBA Capital Pty Ltd (“ GBA ”) as lead manager to the Placement by way of a Lead Manager mandate entered into on 15th November 2024.
This announcement was authorised for release to the ASX by the Board.
ENDS
1 ASX Release 18 November 2024 – Placement
www.zeusresources.com Level 1, 9 Bowman St South Perth WA 6151 Ph: +61 412 593 363 ACN: 139 183 190