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Metal Bank : Cleansing Notice – Entitlement Offer and Placement
Metal Bank : Cleansing Notice – Entitlement Offer and
About this update from Metal Bank Ltd
ASX ANNOUNCEMENT 8 December 2021 ASX: MBK Cleansing Notice Under Section 708A(5)(e) of the Corporations Act Metal Bank Limited ( ASX: MBK ) (' Metal Bank' , 'MBK' or the ' Company' ) has today issued the following Securities ( New Securities ): 792,712,203 fully paid ordinary shares and 396,356,029 options exercisable at $0.016 and expiring 7 December 2023 under its Entitlement Offer announced to ASX on 26 October 2021; and 469,787,653 fully paid ordinary shares and 249,893,824 options exercisable at $0.016 and expiring 7 December 2023 under a Placement following the Entitlement Offer, as announced to ASX on 7 December 2021. An Appendix 2A for the Entitlement Offer and an Appendix 2A for the Placement have been lodged with ASX earlier today. This notice is being given under section 708A(5)(e) of the Corporations Act 2001 (Cth) ( Corporations Act ) and the Company advises that: the New Securities were issued without disclosure to investors under Part 6D.2 of the Corporations Act; as at the date of this notice, the Company, as a disclosing entity under the Corporations Act, has complied with: the provisions of Chapter 2M of the Corporations Act as they apply to the Company; and section 674 of the Corporations Act as it applies to the Company; and as at the date of this notice there is no information that is "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Corporations Act. Approved for release by the Board of the Company. For further information contact : Sue-Ann Higgins - Director and Company Secretary [email protected] P a g e | 1 Metal Bank Limited ABN 51 127 297 170 Suite 506 Level 5 50 Clarence Street Sydney NSW 2000