4 September 2019 – Share Purchase Plan to raise up to $500,000 (ASX Announcement)
Twenty Seven Co. Limited (ASX: TSC) (“Twenty Seven Co.” or “the Company”) is pleased to announce a Share Purchase Plan to raise up to $500,000
- In particular, SPP proceeds will be used to develop and test drill targets at the Company’s Rover Project in the WA goldfields
- The SPP entitles Eligible Shareholders to purchase up to $30,000 of new fully paid ordinary shares in the Company (Shares) at an issue price of $0.004 (0.4 cents) per new Share and free of all brokerage and commissions
Key Dates *
The proposed timetable for the SPP is set out below. The Directors reserve the right to vary the dates and times without notice.
Date & Event
Tuesday, 3 September 2019 – Record Date (7:00pm AEST)
Wednesday, 4 September 2019 – Announcement Date of Plan
Tuesday, 10 September 2019 – Opening Date of Plan / Despatch of Offer document
Tuesday, 24 September 2019 – Closing Date of Plan (5:00pm AEST)*
Tuesday, 1 October 2019 – Allotment and Issue of New Shares under the Plan*
* These dates are indicative only. The Company may vary the dates and times of the SPP by lodging a revised notice with ASX. Eligible Shareholders are encouraged to submit their applications early as the Directors reserve the right to close the SPP early if oversubscribed.