Cyprium Metals Limited (ASX: CYM) (Company) provides an update in relation to its one (1) for eight (8) pro rata non-renounceable entitlement offer at an issue price of 11.5 cents (being the same issue price as the Placement) to raise up to $10 million (EntitlementOffer), which was announced to ASX on 30 June 2022.

The timetable in respect to the Entitlement Offer has been updated and Shareholders are advised to disregard the previous timetable (detailed in the Company’s announcement dated 30 June 2022). The Company has delayed the timetable of the Entitlement Offer until after its application in relation to the Company’s inadvertent administrative error to lodge a cleansing notice on 11 December 2020 has been determined by the Supreme Court of Western Australia (Court). The updated timetable is as follows:

CYM timetable

All dates are indicative only, subject to change and conditional upon receipt of curative orders from theCourt on 11 July 2022. All times and dates refer to Australian Eastern Standard Time. Cyprium reserves the righttoamendany or allofthesedatesandtimes, subjecttotheCorporationsAct 2001(Cth),theASX ListingRulesandotherapplicablelawsandregulations.Inparticular,CypriumreservestherighttoextendtheclosingdateoftheEntitlementOffer,toacceptlateapplications(eithergenerallyorinparticularcases) and to withdraw the Entitlement Offer without prior notice. Any extension of the closing date mayhave a consequential impact on the date that new shares are issued. Applicants are encouraged tosubmit their acceptance forms as soon as possible after the Entitlement Offer opens. The information inthis announcement does not constitute financial product advice and does not take into account the financialobjectives,personalsituationorcircumstancesofanyshareholder.Ifyouareinanydoubtasto howtoproceed,pleasecontactyourfinancial,taxorotherprofessionaladviser.

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This article includes content from Cyprium Metals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

Cyprium Metals Limited

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