Australian (ASX) Stock Market Forum

AAU - Antilles Gold

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and the IP survey and 3D modelling has highlighted a third Cu-Au porphyry !!

with still a bit over a week left to qualify for the 1 for 3 options too - record date 15th of May.

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I have some AAU shares. Do I need to do anything to get the options? Do I need to subscribe or will they automatically appear on my account after 15/05/23?
 
jankwierz said:
I have some AAU shares. Do I need to do anything to get the options? Do I need to subscribe or will they automatically appear on my account after 15/05/23?
Click to expand...
whilst you are eligible for them if you are holding on the record date you'll need to apply & pay for them at $0.001 to get them (I think)
 
jankwierz said:
I have some AAU shares. Do I need to do anything to get the options? Do I need to subscribe or will they automatically appear on my account after 15/05/23?
Click to expand...
Hi jankwierz,
See attachments.
Always read the company announcements.
www2.asx.com.au

AAU share price and company information for ASX:AAU

View today’s AAU share price, options, bonds, hybrids and warrants. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information.
www2.asx.com.au www2.asx.com.au

There are others which may be of assistance to you.

Non-renounceable entitlement offer of 1 new quoted option exercisable at $0.10 and expiring 30 June 2025 (New Option) for every 3 Shares held by Eligible Shareholders on Tuesday, 16 May 2023 (Record Date) at an issue price of $0.001 per New Option (Entitlement Offer).

What do you do??

Instructions for applications under the Entitlement Offer and the Shortfall Offer are set out below:
1 ONLINE – The Entitlement Offer, Shortfall Offer and your personalised Entitlement Form can be accessed via the Automic Investor portal: https://investor.automic.com.au/#/home

2 PAPER – Request a paper copy of the Prospectus and the personalised Entitlement Form: by contacting the Company Secretary at admin@antillesgold.net or on +61 2 4861 1740.


Hope this helps and all the very best with this stock.

Kind regards
rcw1
 

Attachments

  • Non-Renounceable-Entitlement-Offer.PDF
    794.4 KB · Views: 6
  • Non-Renounceable-Offer-Letter-to-Eligible-Shareholders.PDF
    236.5 KB · Views: 3
rcw1 said:
Hi jankwierz,
See attachments.
Always read the company announcements.
www2.asx.com.au

AAU share price and company information for ASX:AAU

View today’s AAU share price, options, bonds, hybrids and warrants. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information.
www2.asx.com.au www2.asx.com.au

There are others which may be of assistance to you.

Non-renounceable entitlement offer of 1 new quoted option exercisable at $0.10 and expiring 30 June 2025 (New Option) for every 3 Shares held by Eligible Shareholders on Tuesday, 16 May 2023 (Record Date) at an issue price of $0.001 per New Option (Entitlement Offer).

What do you do??

Instructions for applications under the Entitlement Offer and the Shortfall Offer are set out below:
1 ONLINE – The Entitlement Offer, Shortfall Offer and your personalised Entitlement Form can be accessed via the Automic Investor portal: https://investor.automic.com.au/#/home

2 PAPER – Request a paper copy of the Prospectus and the personalised Entitlement Form: by contacting the Company Secretary at admin@antillesgold.net or on +61 2 4861 1740.


Hope this helps and all the very best with this stock.

Kind regards
rcw1
Click to expand...
Hi @rcw1 I appreciate your detailed response thanks but just a query if I may - upon options being acquired at issue price 0.001c does that mean these options are then tradeable as such upon being listed ?
 
Telamelo said:
Hi @rcw1 I appreciate your detailed response thanks but just a query if I may - upon options being acquired at issue price 0.001c does that mean these options are then tradeable as such upon being listed ?
Click to expand...
Evening M8
A non-renounceable rights issue allows existing shareholders to purchase more shares of a company at a discount, but those shares can't be traded.

A renounceable right, on the other hand, permits the trading of the rights.
EDIT: deleted a sentence (an assumption)
Kind regards
rcw1
 
rcw1 said:
Hi jankwierz,
See attachments.
Always read the company announcements.
www2.asx.com.au

AAU share price and company information for ASX:AAU

View today’s AAU share price, options, bonds, hybrids and warrants. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer analysis and key company information.
www2.asx.com.au www2.asx.com.au

There are others which may be of assistance to you.

Non-renounceable entitlement offer of 1 new quoted option exercisable at $0.10 and expiring 30 June 2025 (New Option) for every 3 Shares held by Eligible Shareholders on Tuesday, 16 May 2023 (Record Date) at an issue price of $0.001 per New Option (Entitlement Offer).

What do you do??

Instructions for applications under the Entitlement Offer and the Shortfall Offer are set out below:
1 ONLINE – The Entitlement Offer, Shortfall Offer and your personalised Entitlement Form can be accessed via the Automic Investor portal: https://investor.automic.com.au/#/home

2 PAPER – Request a paper copy of the Prospectus and the personalised Entitlement Form: by contacting the Company Secretary at admin@antillesgold.net or on +61 2 4861 1740.


Hope this helps and all the very best with this stock.

Kind regards
rcw1
Click to expand...
Thank you!
 
What is happening with the depth of the sales? Are the shares locked-in for those who signed up for options?
 
In 2011 AAU was trading at $1.8 close to the peak. Any reason why it couldn't go to the same price? Why was it worth so much more back then?
 
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