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Ripley94...WOW!! You must have really thought hard about citing me as jealous!! I just dont have time for inane comments and self preaching myopic people like you.
Filtered!!
From AJ BELL: (They are on the ball!)
Reference 9684022 - 40
Investment IRONRIDGE RESOURCES LTD BASIC ENTS BASIC ENTITLEMENT SHARES
Holding 12838
Status Response required
Type Open Offer - Subscription
Description Exercise basic entitlement
Notes Atlantic Lithium Limited, formerly Ironridge Resources Ltd is splitting off its Gold Assets in Côte dIvoire and Chad into a new company, to be called Ricca Resources Limited.
As part of this demerger your account will be credited with 1 Ricca Resource limited share for every 8 Atlantic Lithium Limited share you hold as of the entitlement date, 19 November 2021.
Atlantic Lithium Limited shareholders are also being given the opportunity to participate in a priority offer (open offer) to purchase additional Ricca Resource Limited shares.
Your account has now been credited with 1 subscription share for every 8 ordinary shares held as of the ex-entitlement date, 23 November 2021.
Each of your basic subscription shares may be exercised to receive 1 new Ricca Resources Limited share.
The cost to exercise these shares will be AUD0.10 for each new share applied for.
If you would like to apply for these new ordinary shares, please specify below how many basic entitlement shares you wish to exercise.
Atlantic Lithium Limited, formerly Ironridge Resources Ltd, is also offering you the opportunity to subscribe for more shares than your basic entitlement through a shortfall offer. If you would like to apply for additional shares in excess of your basic entitlement, please ensure you have fully subscribed under this offer.
The new Ricca Resources shares when are they are issued will initially be unlisted, however the company has announced intentions for them to be listed at a later date, this is expected to be within a year
If you would like to subscribe for shares in excess of your basic entitlement, please send a secure message in addition to completing your basic election as normal. Your secure message should contain the following information:
- CORPORATE ACTION - Atlantic Lithium Limited - 9684022/40 in the 'Subject' field
- the number of shares you wish to subscribe for.
The elections for the shortfall offer may be subject to scaling back by the company.
To view the offer document in full, please copy the link below and paste into your web browser:
https://static1.squarespace.com/static/61711d27ed0db12cacbcfb5a/t/619b33735c6b50104959d062/1637561207787/OIS+-+Ricca+Resources+Limited+-+17.11.2021.pdf
If you choose to exercise your basic entitlement shares, to receive new shares, you are confirming that you have read the official document and that you are eligible to participate.
You are invited to make your election below.
If you want to exercise part of your entitlement but not all of it, you need to allocate the remaining rights to the default option, 'Take no action', in order for your election to be accepted.
If you choose to subscribe for new shares, please