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Not for release to US wire services or distribution in the United States Thursday, 28 September 2023 Dear Shareholder, Armada Metals Limited Prorata accelerated nonrenounceable entitlement offer As
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01
To fill out a non-renounceable rights issue company announcement, follow these steps:
02
Start by including the date at the top of the announcement.
03
Add the subject line that clearly states the purpose of the announcement.
04
Begin the announcement by providing a brief introduction about the company and its background.
05
Clearly state the details of the non-renounceable rights issue, such as the number of shares offered, the price per share, and the subscription period.
06
Include any specific eligibility criteria or conditions for participating in the rights issue.
07
Provide instructions on how shareholders can subscribe to the rights issue, including the necessary forms or documents required.
08
Specify the deadline for submitting the subscription forms and making the payment.
09
Mention the consequences of not participating in the rights issue, such as dilution of ownership or loss of certain rights.
10
Include contact information or a dedicated helpline for shareholders to seek clarification or assistance.
11
Close the announcement with a formal conclusion and the company's contact details for further inquiries.

Who needs non-renounceable rights issuecompany announcement?

01
Non-renounceable rights issue company announcements are needed by publicly traded companies that want to offer existing shareholders the opportunity to purchase additional shares at a specified price. This type of announcement is required to inform shareholders about the details of the rights issue, the subscription process, and the deadline for participation. It ensures transparency and provides shareholders with the necessary information to make informed decisions regarding their investment in the company.
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A non-renounceable rights issue company announcement is a formal statement made by a company to inform its shareholders about a new issuance of shares, where existing shareholders have the right to purchase additional shares in proportion to their existing holdings, but cannot transfer these rights to others.
The company offering the non-renounceable rights issue is required to file the announcement with relevant regulatory authorities and typically must notify its shareholders.
The announcement should include details about the rights issue, such as the number of shares being offered, the issue price, the ratio of the offer, key dates, and instructions for shareholders on how to participate.
The purpose is to raise capital for the company while giving existing shareholders the opportunity to maintain their proportional ownership in the company.
The announcement must report the terms of the rights issue, including the issue price, the ratio of entitlement, the total number of shares being issued, important dates, and any other relevant details that shareholders need to know.
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