Thrifty Banker
  • Politics
  • Business
  • World
  • Investing
  • Politics
  • Business
  • World
  • Investing

Thrifty Banker

Investing

Replacement Entitlement Offer Prospectus

by May 24, 2024
May 24, 2024
Replacement Entitlement Offer Prospectus

True North Copper Limited (ASX: TNC) has released its Prospectus announcement.

For a non-renounceable accelerated institutional and retail entitlement issue of one (1) Share for every two (2) Shares held by those Eligible Shareholders registered at the Record Date at an issue price of $0.056 per Share to raise up to approximately $16,699,765 (based on the number of Shares on issue as at the date of this Prospectus) (Entitlement Offer).

Shareholders who apply for their full entitlement will also be entitled to apply for additional Shares under the Shortfall Offer up to a maximum of 100% of their existing Entitlements.

This Prospectus also contains an offer up to 135,237,504 Shares at an issue price of $0.056 per Share to Institutional Investors to raise up to approximately $7,573,300 (Placement Offer).

The Entitlement Offer and the Placement Offer are fully underwritten by Canaccord Genuity (Australia) Limited (ACN 075 071 466) (AFSL 234666) (Canaccord) and Morgans Corporate Limited (ACN 010 539 607) (AFSL 235407) (Morgans) (together, the Underwriters).

IMPORTANT NOTICE

This document is important and should be read in its entirety. If after reading this Prospectus you have any questions about the Shares being offered under this Prospectus or any other matter, then you should consult your stockbroker, accountant or other professional adviser.

The Shares offered by this Prospectus should be considered highly speculative.

Not for release to US wire services or distribution in the United States except by the Underwriters to Institutional Investors.

This is a replacement prospectus dated 23 May 2024. It replaces the prospectus dated 23 May 2024 relating to the Shares of True North Copper Limited (ACN 119 421 868).

Click here for the full ASX Release

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Aurum Hits 74m @ 1.0 g/t Gold at Boundiali BD Target 2
next post
Marvel Discovery Acquires Strategic Ground In Elliot Lake, ON

Related Posts

Rule Symposium Recap: Jim Rickards Talks BRICS Currency,...

August 8, 2023

Cosa Resources Acquires the Cosmo Uranium Property, Athabasca...

February 22, 2024

North Shore Uranium

November 24, 2023

Pampa Metals

August 10, 2023

Option to Acquire 80% of Karonga Lithium Project

January 4, 2024

Elliott Management’s Hyperion to Seek Billion-dollar Mining Assets...

February 27, 2024

11 Canadian Cryptocurrency ETFs (Updated 2023)

November 9, 2023

Lake Hope Scoping Study

November 14, 2023

Persistent Systems Selects Zscaler to Launch Technology Modernization...

May 31, 2024

Piedmont Secures Mining Permit for Carolina Lithium Project

April 18, 2024

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Top 10 Countries for Natural Gas Production (Updated 2024)

      April 6, 2024
    • 2

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 3

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 4

      A GOP operative accused a monastery of voter fraud. Nuns fought back.

      January 3, 2025
    • 5

      Top 9 Nickel-producing Countries (Updated 2024)

      April 23, 2024
    • 6

      Australian abolitionist, Grace Forrest, receives coveted ‘Freedom from Fear’ award

      April 13, 2024
    • 7

      LME Sanctions on Russian Metal Push Copper, Nickel and Aluminum Prices Higher

      April 17, 2024

    Categories

    • Business (1,028)
    • Investing (2,046)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,347)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: thriftybanker.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thriftybanker.com | All Rights Reserved