Application for Quotation of New Securities
Summary
Patriot Resources Limited has submitted an application for the quotation of 3,560,000 new ordinary fully paid shares on the ASX. These securities are part of a previously announced transaction detailed in an Appendix 3B. The issue includes 2,560,000 shares issued for cash consideration at AUD 0.055 each, and 1,000,000 shares issued for consultancy services provided by Christopher Banda.
Investor Highlights
Extracted from the company announcement. This is not financial advice.
- 3,560,000 new ordinary fully paid shares to be quoted.
- 2,560,000 shares issued for cash consideration.
- 1,000,000 shares issued for consultancy services.
- Total issued capital post-quotation: 348,721,594 shares.
Key Points
- 3,560,000 new ordinary fully paid shares to be quoted.
- 2,560,000 shares issued for cash at AUD 0.055 each.
- 1,000,000 shares issued for consultancy services.
- Total issued capital post-quotation: 348,721,594 shares.
Key Changes Since Last Announcement
No direct comparison available from recent announcements.
Readability
Moderate Detail — The announcement includes specific details about the securities issue and related transactions.
Share Price Reaction
Following the announcement, the share price moved from $0.0440 to $0.0450 over five trading days, representing a increased of 2.3%.
- Price at announcement: $0.0440
- 1 day change: -4.55%
- 5 day change: 2.27%
Share price data may be delayed.
Mine Brief summaries are generated from company announcements and are provided for general information only. They are not financial advice. Investors should refer to the original announcements and seek professional advice where appropriate.
