Cleansing notice
Released
Released
Announcement PDF
24 November 2023
The Manager
Company Announcements Office
ASX Limited
Level 6, 20 Bridge Street
SYDNEY NSW 2000
NOTICE UNDER SECTION 708A(5)(e) OF THE CORPORATIONS ACT
Raiden Resources Limited (ASX: RDN DAX: YM4) (Company) confirms that today it issued 1,458,823 fully
paid ordinary shares in the capital of the Company (Shares) at an issue price of $0.04 per issued shares
following the exercise of 1,458,823 listed options (RDNO) with an expiry date of 31 December 2023, and
issued 11,421,800 fully paid ordinary shares in the capital of the Company (Shares) at an issue price of
$0.015 per issued shares following the exercise of 11,421,800 listed options (RDNOA) with expiry date of
30 November 2024.
In respect of the Share issue, the Company gives notice pursuant to section 708A(5)(e) of the Corporations
Act 2001 (Cth) (Corporations Act) that:
1.
the Company issued the Shares without disclosure under Part 6D.2 of the Corporations Act; and
2.
as at the date of this notice, the Company has complied with:
a) the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and
b) section 674 of the Corporations Act; and
3.
as at the date of this notice, there is no information to be disclosed which is excluded information
(as defined in section 708A(7) and 708A(8) of the Corporations Act), other than is set out below:
a)
as announced on 9 August 2023, the Company is continuing with its strategy of assessing
opportunities to divest non-core assets within its portfolio, whilst advancing the lithium
potential over its Pilbara projects and metallurgical work at the Mt Sholl Ni-Cu-PGE project.
The Company is currently in early-stage, incomplete and confidential negotiations with third
parties with respect to the proposed terms of any divestment of its non-core assets. Until
the material commercial terms have been agreed, there can be no guarantee that such
negotiations will lead to the announcement or completion of a binding agreement. The
Company will keep the market informed in accordance with its continuous disclosure
obligations;
b)
the Company continues to identify and review other commercial opportunities for the
Company which complement the Company’s existing projects and activities. Negotiations
with third parties are early stage, incomplete and confidential. There can be no certainty
that any agreement or agreements will be reached, or that any transaction will eventuate.
The Company will keep the market informed in accordance with its continuous disclosure
obligations; and
c)
As previously announced, the Company is continuing its portfolio wide mapping and
sampling program and results will be analysed, collated and continue to be released to the
market in accordance with the Company’s continuous disclosure obligations.
An Appendix 2A for the issue of the Shares has been published on the ASX at today’s date.
This notice is authorised for ASX release by the Board of Raiden Resources Limited.
Yours faithfully,
KYLA GARIC
Company Secretary
P 08 6158 9990 F 08 6154 6447
Suite 7, 63 Shepperton Rd, Victoria Park, WA Australia 6001
ABN 68 009 161 522
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