Private Placement Offer utilising the company’s existing capacity under Listing Rule 7.1 and Listing Rule 7.1A to raise $500k at $0.0045. The placement offer comes with 1 for 2 free attaching unlisted options with an exercise price of $0.01, expiring 2 years from the date of issuance. The issuance of the issue of the options requires prior shareholder approval at the General Meeting to be convened.
Redstone Resources Limited (ASX:RDS)
RDS
Lead Manager
Offer Price
A$0.0045
per share
Offer Size
A$500,000
Offer Details
Issue Price (Per Share)
A$0.0045
Discount
10.00%
Offer Size
A$500,000
Shares Available
111,111,111
Documents & Downloads
Indicative Timetable
Event
Date
RDS placed in Trading Halt
Monday May 26 2025
Placement Offer Opens
Monday May 26 2025
Placement Offer Closes
4pm AEST Tuesday May 27 2024
Offer letters signed and accepted
Tuesday May 27 2024
RDS Recommences Trading
Wednesday May 28 2024
Placement Offer Tranche 1 Settlement Date
Wednesday June 04 2024
Placement Offer Tranche 1 Allotment Date
Thursday June 05 2024
Disclaimer
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