Ich stimme der Verwendung von Cookies zu. Auch wenn ich diese Website weiter nutze, gilt dies als Zustimmung.

Bitte lesen und akzeptieren Sie die Datenschutzinformation und Cookie-Informationen, damit Sie unser Angebot weiter nutzen können. Natürlich können Sie diese Einwilligung jederzeit widerrufen.





European Lithium Limited / NOTICE UNDER SECTIONS 708A(5)(E) AND 708A(12C)(E) (AS NOTIONALLY INSERTED BY ASIC CORPORATIONS (SALE OFFERS: SECURITIES ISSUED ON CONVERSION OF CONVERTIBLE NOTES)

APA-OTS-Meldungen aus dem Finanzsektor in der "BSN Extended Version"
Wichtige Originaltextaussendungen aus der Branche. Wir ergänzen vollautomatisch Bilder aus dem Fundus von photaq.com und Aktieninformationen aus dem Börse Social Network. Wer eine Korrektur zu den Beiträgen wünscht: mailto:office@boerse-social.com . Wir wiederum übernehmen keinerlei Haftung für Augenerkrankungen aufgrund von geballtem Grossbuchstabeneinsatz der Aussender. Wir meinen: Firmennamen, die länger als drei Buchstaben sind, schreibt man nicht durchgängig in Grossbuchstaben (Versalien).
Magazine aktuell


#gabb aktuell



20.09.2019, 4633 Zeichen



Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
INSTRUMENT 2016/82) OF THE CORPORATIONS ACT 2001 (CTH)
Capital Measures
West Leederville - 1. Background
On 31 July 2019 European Lithium Limited (Company) announced a $10 million funding facility with Winance Investment LLC.
The Company has elected to draw down on the facility and following this notice will issue 2,000 convertible notes (each with a face value of $1,000) (Convertible Notes) to Winance Investment LLC. The Convertible Notes are issued without disclosure.
This notice is given under 708A(12C)(e) of the Act (as notionally inserted by ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82) (ASIC Instrument) and will allow Shares issued by the Company upon conversion of the Convertible Notes to be quoted on ASX and offered for sale without disclosure.
This notice sets out the following:
(a) In relation to the issue of the Convertible Notes:
(i) the effect of the issue on the Company; (ii) a summary of the rights and liabilities attaching to the Convertible Notes; (iii) a summary of the rights and liabilities attaching to the shares to be issued on conversion of the Convertible Notes.
(b) Any information that:
(i) has been excluded from a continuous disclosure notice given in accordance with the ASX Listing Rules; (ii) is information that investors and their professional advisors would reasonably require to make an informed assessment of: (A) the assets, liabilities, financial position and performance, profits and losses and prospects of the Company; and (B) the rights and liabilities attaching to the Shares; and
(c) Any other information relating to the Company's status as a disclosing entity and which certain documents may be obtained.
2. Effect of the issue of the Convertible Note on the Company
The Convertible Notes were issued under a convertible security agreement (Agreement) with Winance Investment LLC (Winance) announced to ASX on 31 July 2019 under which Winance will subscribe for convertible securities issued by the Company with a total face value of up to A$10 million (Convertible Notes) over the term of the facility.
Funds raised under the Agreement will be used to repay the residual amount owing to MEF I, L.P. (Magna), to fast-track the completion of a DFS at the Company's Wolfsberg Lithium Project in Austria and for general working capital purposes.
The facility is available through the issue of convertible securities in the Company. An initial amount of A$2.0m is available for immediate drawdown, with this to occur at the Company's election prior to 31 October 2019. Further drawdowns of $1,000,000 each are available upon full conversion of the notes from the previous drawdown, subject to a cooling off period.
The principle effects of the issue are to: (a) increase the Company's cash reserves by $1,840,000 (after costs); (b) increase the number of convertible notes on issue by 2,000; (c) increase the Company's indebtedness by $2,000,000; (d) in the event the Convertible Notes are converted, increase the number of fully paid ordinary shares on issue by that number determined by the then prevailing share price, with maximum number of 36,363,636 Shares issued.
The Company's capital structure following the issue will be as follows: Shares: 593,158,210 Options exercisable at $0.10 each on or before 30 June 2020: 199,000,000 Options exercisable at $0.125 each on or before 27 February 2020: 2,000,000 Options exercisable at $0.05 each on or before 31 March 2020: 2,394,444 Options exercisable at $0.20 each on or before 11 December 2021: 2,500,000 Convertible notes (in accordance with the terms announced 7 September 2018): 538,042
The number of Shares to be issued on conversion is determined by the then prevailing price at which Shares trade on ASX. The maximum number of Shares that can be issued upon conversion is 36,363,636, assuming conversion at the floor price of $0.055.
Please see the full announcement and appendix in the document attached.
end of announcement euro adhoc
Attachments with Announcement: ---------------------------------------------- http://resources.euroadhoc.com/documents/10207074/5/10359760/1/1974795.pdf
issuer: European Lithium Limited Harrogate Street 32 AU-WA6007 West Leederville phone: +61 8 6181 9792 FAX: mail: ir@europeanlithium.com WWW: www.europeanlithium.com ISIN: AU000000EUR7 indexes: stockmarkets: Wien, Frankfurt language: English
Digital press kit: http://www.ots.at/pressemappe/31529/aom

BSN Podcasts
Christian Drastil: Wiener Börse Plausch

Austrian Stocks in English: Same picture as last week - ATX in week 9 down, while DAX shows five new highs




European Lithium
Akt. Indikation:  0.05 / 0.05
Uhrzeit:  12:58:13
Veränderung zu letztem SK:  -2.75%
Letzter SK:  0.05 ( 3.88%)



 

Bildnachweis

1. MinenTag European Lithium 2018 Bohrkerne , (© European Lithium)   >> Öffnen auf photaq.com

Aktien auf dem Radar:Frequentis, RHI Magnesita, Semperit, Amag, Pierer Mobility, Marinomed Biotech, Bawag, Rosgix, Rosenbauer, ams-Osram, RBI, S Immo, Oberbank AG Stamm, Austriacard Holdings AG, Addiko Bank, Agrana, CA Immo, Erste Group, EVN, Flughafen Wien, Immofinanz, Österreichische Post, Strabag, Telekom Austria, UBM, Uniqa, VIG, Wienerberger, Warimpex, DAIMLER TRUCK HLD..., BMW.


Random Partner

Warimpex
Die Warimpex Finanz- und Beteiligungs AG ist eine Immobilienentwicklungs- und Investmentgesellschaft. Im Fokus der Geschäftsaktivitäten stehen der Betrieb und die Errichtung von Hotels in CEE. Darüber hinaus entwickelt Warimpex auch Bürohäuser und andere Immobilien.

>> Besuchen Sie 68 weitere Partner auf boerse-social.com/partner


Mehr aktuelle OTS-Meldungen HIER

Useletter

Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

Newsletter abonnieren

Runplugged

Infos über neue Financial Literacy Audio Files für die Runplugged App
(kostenfrei downloaden über http://runplugged.com/spreadit)

per Newsletter erhalten


Meistgelesen
>> mehr





PIR-Zeichnungsprodukte
AT0000A2VYD6
AT0000A37GE6
AT0000A2TLL0
Newsflow
>> mehr

Börse Social Club Board
>> mehr
    BSN MA-Event Warimpex
    BSN MA-Event Warimpex
    BSN MA-Event Palfinger
    BSN MA-Event Palfinger
    BSN MA-Event Warimpex
    BSN MA-Event Warimpex
    BSN Vola-Event DAIMLER TRUCK HLD...
    #gabb #1551

    Featured Partner Video

    Börsepeople im Podcast S11/19: Iris Schatzl

    Iris Schatzl ist Ex-Marketingmitarbeiterin der Wiener Börse und jetzt Personal- und Persönlichkeitsentwicklerin. Wir sprechen über das Gastronomie-Kind-Sein, Kalifornien, einen Job bei der AUA, da...

    Books josefchladek.com

    Cristina de Middel
    Gentlemen's Club
    2023
    This Book is True

    Tommaso Protti
    Terra Vermelha
    2023
    Void

    Kurama
    erotiCANA
    2023
    in)(between gallery

    Naotaka Hirota
    La Scène de la Locomotive à Vapeur
    1975
    Yomiuri Shimbun

    Maria Sturm
    You Don't Look Native to Me
    2023
    Void

    European Lithium Limited / NOTICE UNDER SECTIONS 708A(5)(E) AND 708A(12C)(E) (AS NOTIONALLY INSERTED BY ASIC CORPORATIONS (SALE OFFERS: SECURITIES ISSUED ON CONVERSION OF CONVERTIBLE NOTES)


    20.09.2019, 4633 Zeichen

    Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
    INSTRUMENT 2016/82) OF THE CORPORATIONS ACT 2001 (CTH)
    Capital Measures
    West Leederville - 1. Background
    On 31 July 2019 European Lithium Limited (Company) announced a $10 million funding facility with Winance Investment LLC.
    The Company has elected to draw down on the facility and following this notice will issue 2,000 convertible notes (each with a face value of $1,000) (Convertible Notes) to Winance Investment LLC. The Convertible Notes are issued without disclosure.
    This notice is given under 708A(12C)(e) of the Act (as notionally inserted by ASIC Corporations (Sale Offers: Securities Issued on Conversion of Convertible Notes) Instrument 2016/82) (ASIC Instrument) and will allow Shares issued by the Company upon conversion of the Convertible Notes to be quoted on ASX and offered for sale without disclosure.
    This notice sets out the following:
    (a) In relation to the issue of the Convertible Notes:
    (i) the effect of the issue on the Company; (ii) a summary of the rights and liabilities attaching to the Convertible Notes; (iii) a summary of the rights and liabilities attaching to the shares to be issued on conversion of the Convertible Notes.
    (b) Any information that:
    (i) has been excluded from a continuous disclosure notice given in accordance with the ASX Listing Rules; (ii) is information that investors and their professional advisors would reasonably require to make an informed assessment of: (A) the assets, liabilities, financial position and performance, profits and losses and prospects of the Company; and (B) the rights and liabilities attaching to the Shares; and
    (c) Any other information relating to the Company's status as a disclosing entity and which certain documents may be obtained.
    2. Effect of the issue of the Convertible Note on the Company
    The Convertible Notes were issued under a convertible security agreement (Agreement) with Winance Investment LLC (Winance) announced to ASX on 31 July 2019 under which Winance will subscribe for convertible securities issued by the Company with a total face value of up to A$10 million (Convertible Notes) over the term of the facility.
    Funds raised under the Agreement will be used to repay the residual amount owing to MEF I, L.P. (Magna), to fast-track the completion of a DFS at the Company's Wolfsberg Lithium Project in Austria and for general working capital purposes.
    The facility is available through the issue of convertible securities in the Company. An initial amount of A$2.0m is available for immediate drawdown, with this to occur at the Company's election prior to 31 October 2019. Further drawdowns of $1,000,000 each are available upon full conversion of the notes from the previous drawdown, subject to a cooling off period.
    The principle effects of the issue are to: (a) increase the Company's cash reserves by $1,840,000 (after costs); (b) increase the number of convertible notes on issue by 2,000; (c) increase the Company's indebtedness by $2,000,000; (d) in the event the Convertible Notes are converted, increase the number of fully paid ordinary shares on issue by that number determined by the then prevailing share price, with maximum number of 36,363,636 Shares issued.
    The Company's capital structure following the issue will be as follows: Shares: 593,158,210 Options exercisable at $0.10 each on or before 30 June 2020: 199,000,000 Options exercisable at $0.125 each on or before 27 February 2020: 2,000,000 Options exercisable at $0.05 each on or before 31 March 2020: 2,394,444 Options exercisable at $0.20 each on or before 11 December 2021: 2,500,000 Convertible notes (in accordance with the terms announced 7 September 2018): 538,042
    The number of Shares to be issued on conversion is determined by the then prevailing price at which Shares trade on ASX. The maximum number of Shares that can be issued upon conversion is 36,363,636, assuming conversion at the floor price of $0.055.
    Please see the full announcement and appendix in the document attached.
    end of announcement euro adhoc
    Attachments with Announcement: ---------------------------------------------- http://resources.euroadhoc.com/documents/10207074/5/10359760/...
    issuer: European Lithium Limited Harrogate Street 32 AU-WA6007 West Leederville phone: +61 8 6181 9792 FAX: mail: ir@europeanlithium.com WWW: www.europeanlithium.com ISIN: AU000000EUR7 indexes: stockmarkets: Wien, Frankfurt language: English
    Digital press kit: http://www.ots.at/pressemappe/31529/aom

    BSN Podcasts
    Christian Drastil: Wiener Börse Plausch

    Austrian Stocks in English: Same picture as last week - ATX in week 9 down, while DAX shows five new highs




    European Lithium
    Akt. Indikation:  0.05 / 0.05
    Uhrzeit:  12:58:13
    Veränderung zu letztem SK:  -2.75%
    Letzter SK:  0.05 ( 3.88%)



     

    Bildnachweis

    1. MinenTag European Lithium 2018 Bohrkerne , (© European Lithium)   >> Öffnen auf photaq.com

    Aktien auf dem Radar:Frequentis, RHI Magnesita, Semperit, Amag, Pierer Mobility, Marinomed Biotech, Bawag, Rosgix, Rosenbauer, ams-Osram, RBI, S Immo, Oberbank AG Stamm, Austriacard Holdings AG, Addiko Bank, Agrana, CA Immo, Erste Group, EVN, Flughafen Wien, Immofinanz, Österreichische Post, Strabag, Telekom Austria, UBM, Uniqa, VIG, Wienerberger, Warimpex, DAIMLER TRUCK HLD..., BMW.


    Random Partner

    Warimpex
    Die Warimpex Finanz- und Beteiligungs AG ist eine Immobilienentwicklungs- und Investmentgesellschaft. Im Fokus der Geschäftsaktivitäten stehen der Betrieb und die Errichtung von Hotels in CEE. Darüber hinaus entwickelt Warimpex auch Bürohäuser und andere Immobilien.

    >> Besuchen Sie 68 weitere Partner auf boerse-social.com/partner


    Mehr aktuelle OTS-Meldungen HIER

    Useletter

    Die Useletter "Morning Xpresso" und "Evening Xtrakt" heben sich deutlich von den gängigen Newslettern ab. Beispiele ansehen bzw. kostenfrei anmelden. Wichtige Börse-Infos garantiert.

    Newsletter abonnieren

    Runplugged

    Infos über neue Financial Literacy Audio Files für die Runplugged App
    (kostenfrei downloaden über http://runplugged.com/spreadit)

    per Newsletter erhalten


    Meistgelesen
    >> mehr





    PIR-Zeichnungsprodukte
    AT0000A2VYD6
    AT0000A37GE6
    AT0000A2TLL0
    Newsflow
    >> mehr

    Börse Social Club Board
    >> mehr
      BSN MA-Event Warimpex
      BSN MA-Event Warimpex
      BSN MA-Event Palfinger
      BSN MA-Event Palfinger
      BSN MA-Event Warimpex
      BSN MA-Event Warimpex
      BSN Vola-Event DAIMLER TRUCK HLD...
      #gabb #1551

      Featured Partner Video

      Börsepeople im Podcast S11/19: Iris Schatzl

      Iris Schatzl ist Ex-Marketingmitarbeiterin der Wiener Börse und jetzt Personal- und Persönlichkeitsentwicklerin. Wir sprechen über das Gastronomie-Kind-Sein, Kalifornien, einen Job bei der AUA, da...

      Books josefchladek.com

      Kristina Syrchikova
      The Burial Dress
      2022
      Self published

      Kazumi Kurigami
      操上 和美
      2002
      Switch Publishing Co Ltd

      Daido Moriyama
      Hysteric No. 6, 1994 (ヒステリック 森山大道)
      1994
      Hysteric Glamour / Nobuhiko Kitamura

      Christian Reister
      Nacht und Nebel
      2023
      Safelight

      Tommaso Protti
      Terra Vermelha
      2023
      Void