REG - Future Metals NL - Entitlement Issue Update

Future Metals NLAnnouncement

11/01/2024 07:15

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RNS Number : 3791Z  Future Metals NL  11 January 2024

11 January 2024

Future Metals NL

Entitlement Issue Update

Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) announces,
further to its announcement of 15 December 2023, additional details of the
Entitlement Issue as sent by letter to shareholders.

How to obtain a copy of the Prospectus and your personalised Entitlement and
Acceptance Form:

1.   ONLINE: The Prospectus and your personalised Entitlement and Acceptance
Form are available to view online at www.computersharecas.com.au/fmeoffer
(http://www.computersharecas.com.au/fmeoffer)

To access this website, you will need your SRN or HIN.

2.   PAPER: You can request a paper copy of the Prospectus and your
personalised Entitlement and Acceptance Form by contacting the Company on +61
8 9480 0414.

Please note that there may be some delays in delivery of the Prospectus and
personalised Entitlement and Acceptance Form by post. You are encouraged to
access the Prospectus and your personalised Entitlement and Acceptance Form
online by following the instructions available via the Computershare hyperlink
above.

Details of the Entitlement Issue relevant to the Company's Depository Interest
holders ("DI Holders") can be found in the Company's announcement of 29
December 2023 and in the updated timetable below.

Unless otherwise defined herein, capitalised terms shall have the same
meanings as ascribed to them in the Company's RNS announcement dated 15
December 2023.

Timetable

The timetable for the Entitlement Issue is detailed below:

 Event                                                                           Shareholders                Depository Interest Holders
 Announcement of Entitlement Issue & Appendix 3B                                 Friday, 15 December 2023    Friday, 15 December 2023
 Lodgement of Prospectus with ASIC & ASX                                         Friday, 15 December 2023    Friday, 15 December 2023
 Ex date                                                                         Friday, 29 December 2023    Friday, 29 December 2023
 Record Date for determining Entitlements                                        Tuesday, 2 January 2024     Close of business (GMT) on Tuesday, 2 January 2024

                                                                                 5:00pm (WST)
 Prospectus despatched to Shareholders & Company confirms despatch has been      Friday, 5 January 2024      Friday, 5 January 2024
 completed
 Entitlement Issue's Basic Entitlements and Excess (Shortfall) Entitlements      N/A                         Friday, 5 January 2024
 credited to stock accounts of eligible DI holders in CREST
 Last day to extend Closing Date of the Entitlement Issue                        Monday, 15 January 2024     Monday, 15 January 2024
 Closing Date of the Entitlement Issue* / Latest time of settlement of relevant  Thursday, 18 January 2024   Thursday, 18 January 2024
 CREST instructions for Entitlement Issue

                                                                                                             1:00 pm (GMT)
 Securities quoted on ASX on a deferred settlement basis from market open        Friday, 19 January 2024     N/A
 Announcement of results of the Entitlement Issue                                Tuesday, 23 January 2024    Tuesday, 23 January 2024
 Issue date and lodgement of Appendix 2A with ASX applying for quotation of the  Thursday, 25 January 2024   Thursday, 25 January 2024
 securities (before noon Sydney time)
 Admission of the New Shares to trading on AIM expected on or around             Thursday, 25 January 2024   Monday, 29 January 2024

                                                                                 8:00 a.m. (GMT)             8:00 a.m. (GMT)
 Official quotation on the ASX of the Securities under the Entitlement Offer     Monday, 29 January 2024     Monday, 29 January 2024

                                                                                                             8:00 a.m. (GMT)
 Final date for Underwriter to subscribe for Shortfall                           Thursday, 29 February 2024  Thursday, 29 February 2024
 General Meeting** held for the proposed issue of the Underwriter Options        Thursday, 29 February 2024  Thursday, 29 February 2024
 Closing Date of Underwriter Offer                                               Thursday, 29 February 2024  Thursday, 29 February 2024
 Issue date for the Underwriter Options**                                        Friday, 1 March 2024        Friday, 1 March 2024

 

Notes:

* The Directors may extend the Closing Date by giving at least 3 Business
Days' notice to ASX

prior to the Closing Date. Accordingly, the date the Securities are expected
to commence trading on ASX may vary.

** The above dates are indicative only and may change without notice.

Action required by Eligible Shareholders

To participate in the Entitlement Issue, payment of the application moneys
must be made per the instructions set out on the Entitlement and Acceptance
Form, with sufficient time to be received by or on behalf of the Company by no
later than 5.00pm (WST) on the Closing Date.

Participation in the Entitlement Issue is optional and is subject to the terms
and conditions set out in the Prospectus. As noted above, you may obtain a
copy of the Prospectus along with information about how to apply online at
www.computersharecas.com.au/fmeoffer
(http://www.computersharecas.com.au/fmeoffer) .

Prospective investors, who are already shareholders for the purpose of the
Entitlement Issue, should consider that an investment in the Company is highly
speculative and should consult their professional advisers before deciding
whether to apply for Shares pursuant to the Prospectus.

Enquiries

Any questions concerning the Entitlement Issue should be directed to the
Company on +61 8 9480 0414.

 

ENDS

 

For further information, please contact:

 Future Metals NL                           +61 8 9480 0414
 Jardee Kininmonth                          info@future-metals.com.au (mailto:info@future-metals.com.au)
 Strand Hanson Limited (Nominated Adviser)  +44 (0) 207 409 3494
 James Harris/James Bellman
 Panmure Gordon (UK) Limited (UK Broker)    +44 (0)207 886 2500

 John Prior/Hugh Rich/Soman Thakran
 FlowComms (UK IR/PR)                       +44 (0) 789 167 7441
 Sasha Sethi

 

Important Notice

 

The total consideration under the Entitlement Issue shall be less than, and
therefore cannot exceed, €8 million  (or an equivalent pounds sterling
amount) in aggregate and so, in accordance with Section 85 and Schedule 11A of
the United Kingdom's Financial Services and Markets Act 2000, as amended
(FSMA), the Entitlement Issue does not require the issue of a prospectus in
the United Kingdom for the purposes of the United Kingdom's Prospectus
Regulation Rules (PRR). The Entitlement Issue does not constitute an offer to
the public requiring an approved prospectus under section 85 of FSMA and
accordingly, neither this announcement, nor the Prospectus, shall constitute a
prospectus for the purposes of the PRR. This announcement and the Prospectus
have not been, and neither it nor the Prospectus will be, reviewed or approved
by the United Kingdom's Financial Conduct Authority pursuant to sections 85 of
FSMA, the London Stock Exchange or any other authority or regulatory body in
the United Kingdom. Accordingly, neither this announcement nor the Prospectus
contain the extent of the information and disclosures that would typically be
included in a UK prospectus.

 

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