Commencement of Rights Trading on ASX
Released
Released
Announcement PDF
Not for release to US wire services or distribution in the United States
2 April 2024
COMMENCEMENT OF RIGHTS TRADING ON ASX
Hastings Technology Metals Ltd (ASX:HAS) (“Hastings” or “the Company”) is pleased to advise that the
rights to the Company’s Renounceable Rights Issue announced on 27 March 2024 have commenced
trading today under the ASX code HASR.
Under the terms of the Renounceable Rights Issue, eligible existing shareholders are invited to subscribe
for nine (9) new fully paid ordinary shares for every 20 existing shares held at the Record Date of 3 April
2024. Hastings will also issue one (1) free attaching listed option for every three (3) rights shares (Free
Listed Option) applied for and issued to eligible shareholders.
The rights to the Renounceable Rights Issue (HASR) are trading on a deferred settlement basis until 4
April. Thereafter, trading and settlement to the rights will cease on 17 April. Purchasers of additional
rights who choose to take up their entitlement to the additional purchased rights issue shares (plus Free
Listed Option) pursuant to the Renounceable Rights Issue are requested to notify the share registry
Automic on 1300 816 156 or +61 2 8072 1416 or corporate.actions@automicgroup.com.au to enable the
exercise of those rights under the Renounceable Rights Issue. This will facilitate a new Entitlement and
Acceptance Form for the purchased rights to the Renounceable Rights Issue to be dispatched to you.
This announcement has been approved by the Board for release to the ASX.
FOR FURTHER INFORMATION CONTACT:
Guy Robertson
Executive Director
+61 8 6117 6118
Stephanie Vanicek
Communications Manager
+61 8 6117 6118
This announcement has been prepared for publication in Australia and may not be released to US wire services or distributed in the United
States. This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any
other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of
1933 and may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration of the US
Securities Act and applicable US state securities laws.
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