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

ARway.ai, The Spatial Computing Platform, Presenting To Technology...

January 26, 2024

NEVADA SUNRISE CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT

November 1, 2023

Top 5 Canadian Mining Stocks This Week: Lion...

May 3, 2025

Will Rhind: Gold Stands Out in 2024, 3...

March 13, 2024

Crypto Market Recap: GameStop Bets on Bitcoin, USDC...

March 27, 2025

Top 3 Canadian Biotech Stocks of 2024

May 1, 2024

Exceptional Uranium Results at Lyndon – 6,612ppm U3O8

April 22, 2024

​Tech 5: Crypto Sinks, Apple Soars as Markets...

June 17, 2024

Adrian Day: Gold Stock Investors Capitulating, Dramatic Change...

March 12, 2024

Crypto Market Recap: Saylor’s Strategy Resumes Bitcoin Buying

February 11, 2025

    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

      Understanding Lithium Mineralogy from an Investment Perspective

      September 12, 2023
    • 3

      US Capital Global Facilitates $50MM Financing to Accelerate Charbone Hydrogen’s North American Expansion

      June 6, 2025
    • 4

      Israel confirms it is arming Hamas rivals in operation opposition calls ‘complete madness’

      June 6, 2025
    • 5

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

      January 3, 2025
    • 6

      Crypto Market Recap: Strategy Eyes US$1B Raise for Bitcoin Push, UK Regulator Reverses ETN Ban

      June 6, 2025
    • 7

      China’s aircraft carriers send message in the open Pacific for the first time – and bigger and more powerful ships are coming

      June 16, 2025

    Categories

    • Business (1,053)
    • Investing (2,079)
    • Politics (2,977)
    • Uncategorized (20)
    • World (3,387)
    • 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