REG - Future Metals NL - Entitlement Offer Fully Underwritten

Future Metals NLAnnouncement

Wed 07:00

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RNS Number : 2932L  Future Metals NL  04 June 2025

4 June 2025

Future Metals NL

Entitlement Offer Fully Underwritten

 

Future Metals NL (Future Metals or the Company, ASX | AIM: FME) refers to its
announcements dated 7 May 2025 and 27 May 2025 in relation to the launch of
the A$2.64 million (~£1.28 million) Entitlement Offer and the subsequent
extension of the closing date of the Entitlement Offer.

Highlights

·    Zeta receives Foreign Investment Review Board (FIRB) approval to
acquire an interest above 9.99% in Future Metals

·    Entitlement Offer is now fully underwritten

The Company is pleased to announce that Zeta Resources Limited (Zeta) has now
received approval from the Foreign Investment Review Board (FIRB) to acquire
an interest above its current interest of 9.99% in the Company. Further to
receipt of this approval, Zeta has committed to take up its full entitlement
under the Entitlement Offer and subscribe for additional New Shares from any
shortfall that may arise under the Entitlement Offer, with such allocation of
shortfall being at the discretion of the Company. Accordingly, the Entitlement
Offer is effectively fully underwritten.

The Company wishes to remind shareholders that the closing date of the
Entitlement Offer is 5:00 p.m. (AWST) / 10:00 a.m. (BST) on 13 June 2025.

 

This release has been approved for release by the Board of Future Metals NL.

For further information, please contact:

 Future Metals NL           Strand Hanson Limited (Nominated Adviser)
 Patrick Walta              James Bellman / Rob Patrick
 +61 8 9480 0414            +44 (0) 20 7409 3494
 info@future-metals.com.au

 

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