Prodigy Gold NL (ASX: PRX) (“Prodigy Gold” or the “Firm”) is happy to advise that it has acquired agency bids for the remaining shortfall (Shortfall Placement) from its latest Entitlement Supply to lift an extra roughly $1,677,532 (earlier than bills) on the subject value of $0.002 per Share. This can carry the whole capital raised below the Rights Challenge to roughly $2,106,894 (earlier than bills).
This Shortfall Placement varieties a part of the non-renounceable professional rata entitlement provide, of 1 (1) new totally paid abnormal shares in Prodigy (Share) for each two (2) Shares held at a problem value of $0.002, along with two (2) unquoted Attaching Choices for each three (3) New Shares issued, which was introduced on 20 August 2024 (Entitlement Supply) and closed on 26 September 2024.
The Administrators engaged Ignite Fairness Pty Ltd as lead supervisor to position the shortfall of 838,765,902 Shares not subscribed for pursuant to the Entitlement Supply and Shareholder Shortfall Supply, along with two (2) unquoted Attaching Choices for each three (3) New Shares positioned for nil extra consideration (Public Shortfall Supply). The Attaching Choices have an train value of $0.005 and are exercisable at any time prior to five:00pm (Sydney time) on 30 November 2027.
Ignite Fairness Pty Ltd (ACN 658 888 601), will probably be paid a 2% administration payment plus a 4% capital elevating payment on launched funds. The Shares and Attaching Choices will probably be issued as soon as the funds have been acquired which is anticipated inside roughly one week.
The Board needs to thank all present and new shareholders who’ve participated within the Entitlement Supply and the Shortfall Placements.
This announcement has been authorised for launch by Prodigy Gold’s Board of Administrators.
Click on right here for the complete ASX Launch
This text consists of content material from Prodigy Gold NL, licensed for the aim of publishing on Investing Information Australia. This text doesn’t represent monetary product recommendation. It’s your accountability to carry out correct due diligence earlier than performing upon any info offered right here. Please confer with our full disclaimer right here.
