e28db1ce-27ea-41b8-9d23-0baae2f3f3f9.pdf
ASX/Media Announcement
10 May 2016
SHARE PURCHASE PLAN 2016
The Directors of Thundelarra Limited ACN 085 782 994 (Company) are pleased to announce the details of a Share Purchase Plan (Plan), which will be offered to eligible shareholders on or about 13 May 2016.
The Company will offer eligible shareholders the opportunity to participate in the Plan by subscribing for up to $15,000 worth of fully paid ordinary shares in the Company (Shares) (subject to any pro-rata scale back) at an issue price of $0.05 per Share without having to pay brokerage or other transaction costs (Offer). Pursuant to the terms and conditions of the Offer, eligible shareholders will be offered the option to subscribe for one of the following parcels:
|
Subscription amount ($A)
|
Number of Shares calculated at the Issue Price
|
|
1,000 (minimum)
|
20,000
|
|
2,000
|
40,000
|
|
3,000
|
60,000
|
|
4,000
|
80,000
|
|
5,000
|
100,000
|
|
6,000
|
120,000
|
|
7,000
|
140,000
|
|
8,000
|
160,000
|
|
9,000
|
180,000
|
|
10,000
|
200,000
|
|
11,000
|
220,000
|
|
12,000
|
240,000
|
|
13,000
|
260,000
|
|
14,000
|
280,000
|
|
15,000 (maximum)
|
300,000
|
Pursuant to the Offer, the Company will issue a maximum of 101,194,700 Shares which would raise a maximum of $5,059,735 The Company intends to use the funds raised under the Offer to fund ongoing aggressive exploration at the Company's flagship Red Bore copper-gold-silver project including drill testing the exciting deep VHMS targets for new mineralisation and evaluate walk up drill targets identified from recent geophysical surveys at the Company's gold projects - Garden Gully, Paynes Find and Mooloogool, pay the costs of the capital raising and general working capital requirements. The Directors reserve the right to issue fewer Shares than eligible shareholders apply for.
Participation in the Plan is optional, and is open to all shareholders who were registered as a holder of Shares as at 5.00pm (Perth time) on Monday, 9 May 2016 (Record Date) and whose registered address is in Australia or New Zealand, provided that if your registered address is in New Zealand you must also hold Shares on the opening date of the Offer.
Thundelarra Limited | ABN: 74 950 465 654 | Level 1, 186 Hampden Rd, Nedlands WA 6009 | PO Box 7363, Cloisters Square, WA, 6850 |
www.thundelarra.com.au | [email protected] | Tel: +61 8 9389 6927 | Fax: +61 8 9389 5593
THUNDELARRA LIMITED ASX RELEASE
The proposed timetable for the Offer is set out below however the Directors reserve the right to vary the dates and times without notice.
|
Date
|
Event
|
Description
|
|
9 May 2016
|
Record Date
|
Date on which the Company determined the eligible shareholders
|
|
13 May 2016
|
Despatch Offer Document
|
Offer materials dispatched to eligible shareholders including a personalised application form
|
|
13 May 2016
|
Opening Date
|
Offer opens
|
|
14 June 2016
|
Closing Date
|
Offer closes. Applications must be received by
4.00pm Perth time on the Closing Date
|
|
21 June 2016
|
Issue Date
|
Shares issued
|
|
22 June 2016
|
Despatch Date
|
Holding statements sent to shareholders
|
For further Information please contact:
Frank DeMarte Thundelarra Limited Company Secretary
+61 8 9389 6927
THUNDELARRA LIMITED
Issued Shares: 337.3M ASX Code: THX
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