- 62.8 million fully paid ordinary shares ("New Shares") at
- 30.8 million New Shares at
Vango has further received agreement from unrelated contractors to convert
It is the Company's intention that the New Shares will be listed for trading on the ASX, subject to ASX Listing Rule requirements.
Use of Funds
Cash funds raised will be used for planned exploration and development of the Company's 100%-owned
Expected Timing
Unrelated Parties
New Shares will be issued to unrelated parties:
- for cash, as soon as practicable under the Company's available capacity pursuant to ASX Listing Rule 7.1A (62.8 million New Shares to be issued from a capacity of 103.1 million
- for contractor services, as soon as practicable under the Company's available capacity pursuant to ASX Listing Rule 7.1 (3.1 million New Shares to be issued from a capacity of 152.3 million
Subject to ASX Listing Rule requirements, New Shares to be issued to unrelated investors are expected to commence trading on the ASX by
The despatch of holding statements to unrelated investors is expected to occur by
Shareholders who want to trade New Shares issued to them prior to receiving their holding statement should confirm their allocation before doing so.
Related Parties
New Shares to be issued to related investors are expected to be issued and commence trading within one month of receiving approval from members.
Vango's Executive Chairman,
About
Marymia has an established high-grade resource of 1Moz @ 3 g/t Au, underpinned by Trident - 410koz @ 8 g/t Au, with immediate extensions open at depth/along strike.
Contact:
Executive Chairman
E: info@vangomining.com
T: +61 418 183 466
W: www.vangomining.com
Media and Investor Inquiries
Mandate Corporate
E: james@mandatecorporate.com.au
T: +61 420 991 574
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