Calidus Resources (ASX: CAI)
Provided a further update in relation to the upcoming General Meeting and Share Purchase Plan which was first announced on 22 March 2024 titled ‘Restructure positions Calidus for strong growth in cashflow’.
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Calidus Resources first gold pour commemorative coin
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| Calidus Resources | ASX: CAI |
| Stage | Production, exploration |
| Metals | Gold, lithium |
| Market Cap | A$77 m @ A$ 12.5c |
| Location | Pilbara, Western Australia |
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Calidus Resources General Meeting & Share Purchase Plan – Timetable Update
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Calidus Resources Limited (ASX: CAI) (the ‘Company’) provides a further update in relation to the upcoming General Meeting and Share Purchase Plan (‘SPP’) which was first announced on 22 March 2024 titled ‘Restructure positions Calidus for strong growth in cashflow’.
As announced today, the Company’s General Meeting will be held at 10:30am (AWST) on Tuesday, 14 May 2024 at The Celtic Club, 48 Ord Street, West Perth WA 6005.
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Capitalised terms used but not otherwise defined in this announcement have the meaning given to them in the Company’s notice of general meeting dated 11 April 2024.
As stated in the Company’s announcement titled ‘Share Purchase Plan – Timetable Update’ dated 8 April 2024, the Company provides the following updated indicative timetable regarding the SPP and issue of Placement Options:
EVENT* DATE
Record date (7:00pm AEDT) for entitlement to participate in the SPP (‘SPP Record Date’) 21 March 2024
Opening date of SPP 23 April 2024
Closing date of SPP 8 May 2024
General Meeting held to approve the issue of the SPP Securities, Placement Options and Director Placement Securities 14 May 2024
Announcement of results of the SPP and issue of SPP Securities, Placement Options and Director Placement Securities 15 May 2024
Anticipated date of Official Quotation of SPP Securities, Placement Options and Director Placement Securities 16 May 2024
*The dates and times noted above are indicative and subject to change. The Company reserves the right to amend any or all of those dates and times at its absolute discretion, subject to the Corporations Act, the Listing Rules and other applicable laws.
The Company also advises that given the level of interest from shareholders from the
United Kingdom, the SPP will be extended to eligible shareholders with a registered
address in the United Kingdom who were holders of Company shares at the SPP Record Date.
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To read the full news release, please click HERE
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The Live gold price can be found HERE
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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com
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Disclosure
At the time of writing the author holds shares in Calidus Resources
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