Letter to Ineligible Shareholders
Released
Released
Announcement PDF
ASX RELEASE
19 May 2025
Dear Shareholder
PRO-RATA NON-RENOUNCEABLE ENTITLEMENTS ISSUE
As announced on 9 May 2025, Tempest Minerals Limited (Tempest or the Company) is undertaking a
non-renounceable rights issue to Eligible Shareholders of one (1) New Share for every two (2) Shares
held at an issue price of $0.004 per New Share (together with free-attaching options exercisable at
$0.01 on or before 31 May 2027 to be issued on the basis of one (1) option for every four (4) New
Shares issued) to raise approximately $1,469,059.67 (before costs) (Entitlement Offer). The
Entitlement Offer is not underwritten.
The Company lodged a prospectus for the Entitlement Offer (Prospectus) with ASIC and ASX on 9 May
2025 and is available on the ASX website, www.asx.com.au.
Cygnet Capital Pty Limited (AFSL 241095) (Cygnet) has been appointed Lead Manager to the
Entitlement Offer and to advise the Company on the placement of any shortfall shares upon the close
of the Entitlement Offer and will receive a 6% fee on all funds raised.
This letter is to inform you about the Entitlement Offer and to explain why you will not be able to
participate in the Entitlement Offer, as the Entitlement Offer is only open to Eligible Shareholders
(defined below).
Eligible Shareholders are those persons who:
are registered as a holder of ordinary shares in the Company at 7:00pm (AEST) on
Wednesday, 14 May 2025 (Entitlement Offer record date);
have a registered address in Australia or New Zealand; and
are not in the United States and are not acting for the account or benefit of a person in the
United States to the extent such persons hold Shares for the account or benefit of persons
in the United States.
A shareholder who is not an Eligible Shareholder will be an Ineligible Shareholder and are
consequently unable to participate in the Entitlement Offer.
According to our records, you do not satisfy the criteria for an Eligible Shareholder and are therefore
an Ineligible Shareholder. You are not eligible to participate in the Entitlement Offer and you will not
be sent a copy of the Prospectus. This decision has been made pursuant to Listing Rule 7.7.1(a) of the
ASX Listing Rules after taking into consideration the costs of complying with legal and regulatory
requirements in jurisdictions outside of Australia and New Zealand compared with the small number
of Ineligible Shareholders and the number and value of Shares and New Options to which they would
otherwise be entitled.
If you have any queries concerning the Entitlement Offer, please contact your financial adviser or Paul
Jurman, the Company Secretary, on +61 8 9200 0435.
Yours faithfully
Paul Jurman
Company Secretary
TEMPEST MINERALS LTD ACN 612 008 358
Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn, WA 6016 | Phone: +61 8 9200 0435
Email: info@tempestminerals.com www.tempestminerals.com ASX: TEM
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