#rightsissue

Impact Minerals Limited (ASX: IPT) is pleased to announce that its largest shareholder (17%) has committed to subscribing for their full entitlement in the ongoing renounceable rights issue, reinforcing strong investor confidence in the company’s growth strategy.

🔹 Key Highlights: ✅ Renounceable Rights Issue – 2 for 7 entitlement offer at $0.006 per share, raising up to $5.2 million (before costs). ✅ 1 Free Attaching Option for Every 2 Shares – Exercise price of $0.015, expiring 2.5 years after issue. ✅ Increased Underwriting to $2 Million – Mahe Capital Pty Ltd, Lead Manager and Underwriter, has boosted underwriting from $1 million to $2 million. ✅ Rights Now Trading on ASX (IPTR) – Investors can now trade rights under ASX: IPTR, ensuring broader participation.

🗣 Managing Director – Dr. Mike Jones: “We are pleased with the continued support from our largest shareholder and the increased underwriting commitment from Mahe Capital. This renounceable rights issue ensures all shareholders—not just professional investors—can participate in this pivotal stage of Impact Minerals’ growth. Given our belief that the company is undervalued, we see this as the fairest way to support our loyal investors while advancing our key projects.”

📢 Investor Outlook – Key Growth Initiatives Funded

Proceeds from the Rights Issue will support: 🔹 Arkun Project Exploration – Backed by a $180,000 WA Government Exploration Incentive Scheme (EIS) grant. 🔹 Broken Hill Project Exploration – Advancing Impact’s critical minerals portfolio. 🔹 Lake Hope High Purity Alumina (HPA) Project – Pre-feasibility study nearing completion, with an update to be disclosed soon. 🔹 General Working Capital & Offer Costs – Strengthening financial flexibility for future expansion.

Key Dates: 📍 Rights Trading Ends: 14 March 2025 📍Offer Closes: 21 March 2025 (unless extended) 📍Eligible Shareholders Can Apply for Shortfall

📢 Stock Price: $0.0080

🔗 More Details & Prospectus: https://colitco.com/impact-minerals-launch-5-2-million-rights-issue-growth/

Impact Minerals Limited (ASX: IPT) has announced a 2-for-7 renounceable rights issue at $0.006 per share to raise up to approximately $5.2 million before costs. This offer presents a 33% discount to the last closing price of $0.009 and a 43.4% discount to the 90-day volume-weighted average price (VWAP) of $0.0106. Eligible shareholders will receive one free attaching option for every two new shares subscribed. These options have an exercise price of $0.015 and a term of 2.5 years. Both the new shares and options will be quoted on the ASX.

Impact Minerals (ASX: IPT) is undertaking a 2 for 7 renounceable rights issue at $0.006 per share to raise to $5.2 million. Shareholders will receive 1 free attaching option (exercisable at $0.015, valid for 2.5 years).

🔹 Key Highlights:

✅ Highly Attractive Pricing: The last closing price ($0.009) is 33% discounted, and the 90-day VWAP ($0.0106) is 43.4% discounted. ✅ Current Stock Price: $0.0070 ✅ Tradeable Rights – Shareholders can trade their rights or apply for additional shares and options. ✅ Directors Back the Offer – Directors have indicated an intention to participate. ✅ ASX Quotation—The Company will apply for a quotation of the new shares and options on the ASX. ✅ Partially Underwritten – Mahe Capital Pty Ltd partially underwrites the Rights Issue to $1 million. ✅ Strategic Fund Allocation – Funds will support: The development of the Lake Hope High Purity Alumina (HPA) Project, with the Pre-Feasibility Study (PFS), is nearing completion. Exploration at the Arkun & Broken Hill Projects. General working capital and Offer expenses.

📅 Key Dates:

📌 Rights Trading Starts: 4 March 2025 📌 Record Date: 5 March 2025 (Buy before 4 March to participate) 📌 Rights Trading Ends: 14 March 2025 📌 Offer Closes: 21 March 2025

📢 Investor Opportunity – The Growing HPA Market

High-purity alumina (HPA) is a critical material used in lithium-ion battery separators, LED lighting, and semiconductor manufacturing. Due to the booming EV and clean energy sectors, global demand for HPA is forecast to surge beyond 100,000 tonnes per year by 2030, driven by the shift towards sustainable, high-tech applications. Chairman Peter Unsworth emphasised that this is the first equity raising extended to all shareholders since acquiring the Lake Hope HPA Project. With strong fundamentals and increasing global demand for HPA, Impact Minerals is poised for significant growth as it advances toward commercial production.

🔗 More Details: https://colitco.com/impact-minerals-5-2m-rights-issue-project-fund/

"Understanding Rights Issue: A Strategic Opportunity for Shareholders and Companies"

ActivePort Group Ltd (ASX: ATV) has extended the deadline for its renounceable entitlement issue, providing shareholders with extra time to subscribe and benefit from bonus options. This extension ensures broader participation and allows directors additional time to finalize their rights. Take advantage of this chance to align with a leader in telecom automation! 🌐

🔑 Key Highlights: 

✅ Entitlement Offer: Shareholders can purchase three new shares for every four held at $0.02 per share.

✅ Bonus Option: Receive one free option for every three shares subscribed, with a $0.10 exercise price, expiring 27 November 2027.

✅ New Deadline: The closing date is extended from 1 November 2024 to 6 November 2024, 5:00 pm (WST).

✅ Under-Subscriptions Notified: ASX will be updated on under-subscriptions on 13 November 2024.

✅ Issue Date: New shares and options will be issued on 13 November 2024.

✅ AGM Scheduled: Annual General Meeting on 27 November 2024.

✅ Further Offerings: Secondary offers and additional options to be addressed on 27 November 2024, pending AGM approval.

✅ How to Participate: Complete the Entitlement and Acceptance Form provided in the Prospectus.

📊 Investor’s Outlook: ActivePort's decision to extend the offer reflects its commitment to shareholder inclusivity. With its telecom automation software, ActivePort is poised to meet rising market demand for streamlined, efficient cloud and telecom services.