ASX ANNOUNCEMENT 24 JULY 2015
FURTHER EXTENSION OF SPP CLOSING DATE
Catalyst Metals Limited (Catalyst) (ASX: CYL) advises that the closing date of the Share Purchase Plan has been extended by a further period of two weeks to 5.00 p.m. (WST) on Friday, 7 August 2015.
The Share Purchase Plan provides eligible shareholders on the share register as at 5.00 p.m. Perth time on 10 June 2015 with the opportunity to subscribe for between $2,500 to $15,000 worth of shares at a subscription price of A$0.32 per share.
As previously announced, Catalyst intends to undertake a bonus loyalty issue of options to eligible shareholders (Bonus Issue) on the basis of one (1) free option for every twenty (20) shares held, with each option being exercisable for one ordinary fully paid share at $0.50 and expiring 30 June 2018. All new shares issued under the Share Purchase Plan will be issued and allotted prior to the record date for the Bonus Issue, so shareholders who subscribe for new shares under the Share Purchase Plan will increase their entitlement to the free options issued under the Bonus Issue.
The revised timetable for the Share Purchase Plan is as follows:
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Record Date
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10 June 2015
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Offer opened
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18 June 2015
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Revised closing date
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5.00 pm WST Friday, 7 August 2015
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Revised date of issue of shares under the Share Purchase Plan
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12 August 2015
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Revised date of despatch of holding statements to participants in the Share Purchase Plan
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13 August 2015
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Revised date of expected commencement of trading of new shares on ASX
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14 August 2015
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The directors reserve the right to vary the dates for the Share Purchase Plan at their discretion. Should this occur then this will have a consequential effect on the anticipated date of issue and normal trading of the shares issued under the Share Purchase Plan.
For further information contact:
Steve Boston (Chairman) Telephone: +61 8 9383 2825
Facsimile: +61 8 9284 5426
Level 3, 50 Colin Street West Perth WA 6005 PO Box 778, Claremont WA 6910
Telephone: (61-8) 9383 2825 Facsimile: (61-8) 9284 5426 www.catalystmetals.com.au ABN 54 118 912 495