SPP Update
Filed with ASX · · 1 page · English
Summary by 6ix AI
The underwriter has waived rights to terminate the underwriting agreement following a technical breach notification. The Share Purchase Plan will close soon, with applications exceeding a specified amount. New shares will be issued at a discount to the trading price, free of brokerage and fees for eligible shareholders.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
On 6ix: 6ix.com/news/spp-update-2
Arafura Rare Earths Limited on 6ix
Earlier from Arafura Rare Earths
- Nolans DFS Update
- Nolans Phase 5 Pilot Plant Complete
- Arafura Launches Underwritten Share Purchase Plan
- Arafura to build Rare Earth Separation Plant at Nolans
- $2.1 Million Tax Refund for R&D Spend
Later from Arafura Rare Earths
- Share Purchase Plan Closes Oversubscribed
- Successful operation of Nolans Phase 6 Pilot Plant
- Placement Raises A$1 Million
- Nolans Project Definitive Feasibility Study
- Progressing discussions for Financial Support from NAIF
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