Completion of Shortfall Offer
Released
Released
Announcement PDF
ASX RELEASE.
ENTITLEMENT ISSUE – COMPLETION OF
SHORTFALL OFFER
ASX Announcement
7 May 2025
Catalina Resources is an
Australian diversified
mineral exploration and
mine development
company.
Directors
Executive Chairman
Sanjay Loyalka
Executive Director
Ross Cotton
Catalina Resources Ltd (ASX: CTN) (“Catalina” or the “Company”)
is pleased to advise that it has successfully completed the
placement of 635,216,238 New Shares and 127,043,247 Free
Attaching Shares available under the shortfall facility (“Shortfall
Offer”) of the non-renounceable pro-rata entitlement offer
(“Entitlement Offer”), which closed on 8 April 2025.
The Shortfall Offer, together with the Entitlement Offer, has raised
approximately $2,274,393.00 (before costs) through the issue of a
total of 758,130,946 New Shares and 151,626,189 Free Attaching
Shares. Details of the results are as follows:
Director
Richard Beazley
Entitlement Offer to Shareholders
Director
Martin Bennett
Company Secretary
Johnathon Busing
ASX Code
CTN
CONTACT DETAILS
Unit 38
18 Stirling Highway
NEDLANDS WA 6009
No. of New
Shares
No. of free
attaching
shares
Gross
Proceeds (a$)
Shares available under
the Entitlement Offer
758,130,946
151,626,189
$2,274,393
Shares applied for and
accepted under the
Entitlement Offer
121,231,541
24,246,315
$363,694
Oversubscriptions
accepted under the
Entitlement Offer
1,683,167
336,633
$5,049
Shares available under
the Shortfall Offer
635,216,238
127,043,247
$1,905,649
T +61 8 61181672
E info@catalinaresources.com.au
The successful capital raising positions Catalina with a strong cash balance to pursue its exploration
strategy and advance its project portfolio.
An Appendix 2A will be lodged following release of this announcement in relation to the application for
quotation of the abovementioned securities.
The Board would like to thank both existing and new shareholders for their participation and support.
The release of this document to the market has been authorised by the Board of Catalina Resources Ltd.
ABOUT CATALINA RESOURCES LIMITED
Catalina Resources Limited is an Australian diversified mineral exploration and mine development
company whose vision is to create shareholder value through the successful exploration of prospective
gold, base metal, lithium and iron ore projects and the development of these projects into production.
– Ends –
Catalina Resources Limited
ACN: 130 618 683
W: www.catalinaresources.com.au
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