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Company News Summary

Liontown Resources Provides Prospectus for Minerals 260

19 Aug 2021  |  18:48:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Prospectus - Minerals 260 Limited

Liontown Resources provided Prospectus stating that for the pro-rata priority offer of a minimum of 30m and up to 60m FPO shares in Minerals 260 (Shares) at an issue price of $0.50 per Share to raise a minimum of $15m and up to $30m (before costs) to eligible shareholders of the Company registered on 23 August 2021 (Priority Offer). Any Shares not taken up under the Priority Offer will be offered to new investors and eligible shareholders of the Company as part of a shortfall offer (Shortfall Offer). The Priority Offer will close on 22 September 2021 and that the Shortfall Offer will close on 29 September 2021. The proceeds of the Offer will be utilised to enable the Company to explore across the Projects and fund potential development of the Projects; and more.

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