MINOTAUR onlyDemetallica
Advanced Exploration play demerging from Minotaur
Minotaur Exploration Ltd useAnnual General Meeting
16 December 2021 nal
Minotaur Exploration - potentially the final AGM
onlyuse | A$0.18 | 501.34 million | A$90.2m |
MEP price1 is up 20% on its 52 week low of 9.4c and up 9% YTD | |||
6 month Share price chart (cps) | |||
S urce: IRESS | |||
Notes: | |||
nal | |||
1. | As at 15 December 2021 | ||
2. | MEP has 501.339 million fpo shares on issue | ||
3. | C sh = A$2.1m, Debt = A$0.3m (real estate mortgage), as at 1 December 2021 |
Minot ur Exploration | ASX: MEP
Net Cash3 | Enterprise Value3 |
A$2.1mA$88.1m
Major shareholders1
Yarraandoo Pty Ltd private investor | 5.3% |
C Barrett private investor | 2.1% |
G Butkeratis private investor | 1.8% |
Chetan Enterprises private investor | 1.7% |
OZ Minerals Ltd A$9b copper-gold miner | 1.6% |
Top 20 | 26.7% |
2
3
Offer and Demerger documentation
refer Website
minotaurexploration.com.au
only | Bidder's Statement | |
use | Target's Statement | |
Notice of Meeting for Demetallica Demerger Resolutions | ||
Read the Notice of Meeting and Prospectus lodged with ASX on 16 December 2021 | ||
Minot ur Exploration | ASX: MEP | 4 | |
nal |
Demetallica - Corporate Plan
Demerger Meeting
20 January 2022 onlyuse
nal
Record Date | Prospectus | IPO | ||
27 January 2022 | March 2022 | April 2022 | ||
Eligible Minotaur Shareholders at the Record Date
(including those who may have already accepted Andromeda's Offer for their shares)
receive 1:20* pro-rata distribution of Demetallica shares
to hold the equivalent % of Demetallica as each did in Minotaur
Demetallica Capital Structure
27,829,457* founding shares, pre-IPO
(* approx. and subject to final audit)
Priority IPO Allocation to Demetallica Shareholders
with up to A$5 million# to be reserved in IPO
(# and ✪ proposed, subject to Prospectus and Market conditions)
IPO Capital Event
A$15m✪
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Minotaur Exploration Ltd. published this content on 16 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 December 2021 00:38:06 UTC.
