St Barbara Limited ('St Barbara' or the 'Company') (ASX: SBM) confirms that the Share Purchase Plan announced on 5 November 2024 ('SPP') has been completed, raising approximately A$500,000.
The SPP was not underwritten and participation was optional for shareholders, with eligible shareholders able to apply for up to A$30,000 worth of New Shares at A$0.38 per share, being the same issue price as New Shares issued under the fully underwritten two-tranche placement announced on 5 November 2024. A total of approximately 1.35 million shares ('New Shares') at a price of A$0.38 per New Share are expected to be issued on 10 December 2024, and to commence trading on 11 December 2024. New Shares issued under the SPP will rank equally with St Barbara's existing shares.
The Company thanks all existing shareholders who made applications under the SPP.
Contact:
David Cotterell
Tel: +61 3 8660 1959
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