Letter to Eligible Shareholders
Released
Released
Announcement PDF
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.
It is proposed that the funds raised from the Entitlement Offer will be applied for the purposes of
accelerating exploration at the Company’s Projects, to cover the costs of the Entitlement Offer and to
provide working capital. For further specifics regarding the use of funds please refer to section 1.3 of
the Prospectus.
As an Eligible Shareholder (definition below), you are entitled to participate in the Entitlement Offer.
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.
How to access the Entitlement Offer
1. Online – The Prospectus and your personalised Entitlement and Acceptance Form (including the
BPay®
payment
details)
can
be
accessed
via
the
following
website:
https://investor.automic.com.au/#/home.
2. Paper – Request a paper copy of the Prospectus and your personalised Entitlement and
Acceptance Form from Automic on 1300 288 664 or +61 2 9698 5414 or email
corporate.actions@automicgroup.com.au
The Entitlement Offer closes at 5:00pm (AEST) on 3 June 2025.
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
Key dates for the Entitlement Offer
EVENT
DATE
Announcement of Entitlement Offer and lodgement of Appendix
3B with ASX
Friday, 9 May 2025
Lodgement of Prospectus with the ASIC & ASX
Friday, 9 May 2025
Ex Date
Tuesday, 13 May 2025
Record Date of the Entitlement Offer
Wednesday, 14 May 2025
at 7.00pm (AEST)
Entitlement Offer Opens
Monday, 19 May 2025
Prospectus and Entitlement and Acceptance Form despatched to
Eligible Shareholders
Monday, 19 May 2025
Last day to extend the Closing Date of the Entitlement Offer
Thursday, 29 May 2025
Closing Date* of Entitlement Offer
Tuesday, 3 June 2025
(5.00pm AEST)
Issue of New Shares and New Options pursuant to Entitlement
Offer
Wednesday, 11 June 2025
New Shares pursuant to Entitlement Offer commence trading on
ASX
Thursday, 12 June 2025
*The Directors may extend the Closing Date by giving at least 3 Business Days’ notice to ASX prior to
the Closing Date. Accordingly, the date the New Shares are expected to commence trading on ASX
may vary.
You should read the entire Prospectus carefully and seek professional advice before deciding whether
to invest in the Entitlement Offer. If you have any queries concerning the Entitlement Offer, please
contact your financial adviser or the Company’s share registry, Automic, on 1300 288 664 or +61 2
9698 5414 or email corporate.actions@automicgroup.com.au.
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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