Brief: Antipa Minerals Says Newcrest Mining Exercises Top-Up Right To Maintain 9.9% Shareholding

Antipa Minerals

15/09/2022 23:42

Sept 16 (Reuters) - Antipa Minerals Ltd  AZY.AX :
    * NEWCREST EXERCISES TOP-UP RIGHT TO MAINTAIN 9.9%
SHAREHOLDING
    * EXERCISE OF RIGHT WILL SEE ANTIPA ISSUE AN ADDITIONAL
APPROXIMATELY 36.7 MILLION FULLY PAID ORDINARY SHARES AT A$0.027
PER SHARE
    * TOP-UP PLACEMENT DELIVERS AN ADDITIONAL A$1.0 MLN IN NEW
EQUITY
FUNDS
    * PROCEEDS WILL BE USED TO ACCELERATE EXPLORATION, APPRAISAL
AND
PRE-FEASIBILITY STUDY ACTIVITIES AT MINYARI DOME GOLD PROJECT
    * NEWCREST NOTIFIED CO OF INTENTION TO EXERCISE ITS TOP-UP
RIGHT
AGAIN
    * NEWCREST MAY EXERCISE TOP-UP RIGHT AGAIN POST CO'S SPP OF
UP TO
A$3.0 MILLION


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