Hastings Technology Metals Ltd. is pleased to advise that it has placed a further 12,000,000 shares of the rights issue shortfall raising a further $2,040,000. The rights issue announced on 9 April 2019 sought to raise $16.5 million through the issue of 97,058,823 shares at 17 cents per share and free attaching options on the basis of one option for every two new shares. In summary the Company has raised approximately [...]
Hastings Technology Metals Ltd. is pleased to advise that it has agreed to purchase an additional 100 bedrooms of camp capacity, plus other associated infrastructure from Fleetwood Pty Ltd. - Hastings enters agreement to purchase 100 extra rooms plus associated infrastructure from Fleetwood Pty Ltd. - Purchase takes the total number of rooms purchased to 340 out of a total of 380 identified as being required during [...]
Hastings Technology Metals Ltd. is pleased to announce that it has successfully received in-principle eligibility for the German United Loan Guarantee Scheme from Euler Hermes Aktiengesellschaft who are mandated by the German Federal Government as administrators of the UFK scheme for a indicative amount of up to USD140 million . The UFK scheme offers concessionary loan terms typically over a period of seven years. - In [...]
Hastings Technology Metals Ltd. provides the Company's Quarterly Activities Report. - The Northern Australia Infrastructure Facility is investigating the potential to provide debt financing for the infrastructure and related costs to the Yangibana Rare Earths Project. - Board approved revised project capital cost of A$427M - Second pilot plant test resulted in recoveries 12% higher at 80.1% compared to maiden pilot plant [...]
On 10 April 2019, Hastings Technology Metals Ltd. lodged a replacement prospectus with ASIC in respect of a partially underwritten non-renounceable rights offer to raise up to A$16.5 million . The Company advises that due to delays in a number of shareholders receiving the Replacement Prospectus due to Easter public holidays, the Board has resolved to extend the Closing Date of the Offer to 5.00pm on Wednesday 8 May 2019 [...]
Hastings Technology Metals Ltd. refers to its replacement prospectus dated 10 April 2019 for a partially underwritten non-renounceable rights offer to raise up to A$16.5 million . The Company confirms that dispatch to eligible shareholders of the Replacement Prospectus, together with the personalised Entitlement and Acceptance Forms, has occurred. As announced on 9 August 2019 and in the Replacement Prospectus [...]
Hastings Technology Metals Ltd. refers to its prospectus dated 9 April 2019 pursuant to which a non-renounceable pro-rata entitlement offer was made to eligible shareholders . The Company advises that it has today issued a replacement prospectus to reflect changes made to the timetable for the Rights Issue. The revised timetable in connection with the Rights Issue is now as follows: Announcement of Rights Issue Offer [...]
Hastings Technology Metals Ltd. is pleased to advise that it has launched a non-renounceable rights issue on the basis of 1 new ordinary share for every 8 ordinary shares held at a price of A$0.17 cents per ordinary share to raise approximately A$16.5m. - Rights issue to raise up to approximately A$16,500,000, with A$3,500,000 underwritten. - Funds raised from rights issue will be used for ongoing construction of the 380 [...]
Hastings Technology Metals Ltd. advises that Mr Guy Robertson has today been re-appointed as joint company secretary. Mr Hidio Jackson has resigned as joint company secretary with effect from today's date. About Hastings Technology Metals Ltd: Hastings Technology Metals Ltd. is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia. - The Yangibana [...]
Hastings Technology Metals Ltd. notes that following the announcement of the placement and rights issue on 3 April 2019, its Executive Chairman, Mr Charles Lew, has been contacted by shareholders who did not participate in the recent share placement seeking that those shareholders who take up their entitlement in the rights issue be offered the same terms as for the placement which included the provision for a free [...]
Hastings Technology Metals Ltd. is pleased to advise that it has successfully completed a placement of A$12 million after costs to shareholders and investors both in Australia and overseas. The placement shares will be issued at a price of A$0.17 cents per share and will also be issued with a free Option to subscribe on the basis of 1 free Option for every 2 Placement shares. Existing shareholders have strongly supported [...]
Hastings Technology Metals is pleased to advise that the Australian Government's Northern Australia Infrastructure Facility has indicated it will further investigate the potential for NAIF to provide debt finance for the Yangibana Rare Earths Project . - The Northern Australia Infrastructure Facility is further investigating the potential to provide debt financing to the Yangibana Rare Earths Project. - NAIF's funding has [...]
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