Metals X Limited (MLX) wishes to advise that its Share Purchase Plan (SPP) has closed oversubscribed. Applications were received for $17.45 million of shares including some duplicates applications.
As per ASIC Class Order 09/425, and in reference to multiple registered holders, applicants have been limited to an aggregate maximum of $15,000 in shares.
Where a person is the only registered holder of MLX shares, but receives more than one offer under the SPP (for example, due to multiple registered holdings), that person may only apply in aggregate for a maximum of
$15,000 worth of shares. This must be certified in the Application Form (note this is an express certification included in the SPP form which accompanied the offer document).
Accordingly, applications were scaled back on a proportional basis. Shares will be allotted on 8 September 2016 and refunds of oversubscriptions will take place as soon as possible.
ENQUIRIES Peter Cook | Warren Hallam | Rod Corps |
Executive Director & CEO e: peter.cook@metalsx.com.au | Executive Director e: warren.hallam@metalsx.com.au | Manager - Investor Relations e: rod.corps@metalsx.com.au |
ASX Code: MLX
OTCQX Code: MLXEF
Level 3, 18-32 Parliament Place West Perth WA 6005
Australia
reception@metalsx.com.au www.metalsx.com.au
Metals X Limited published this content on 05 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 September 2016 08:15:08 UTC.
Original documenthttps://www.metalsx.com.au/system/announcements/770/20160905_SPP_Closes_Oversubscribed.pdf
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