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Before downloading, printing or viewing the Prospectus, please carefully read this information. By accessing the Prospectus (by clicking on the link below) you agree to and acknowledge that you have read and accept these terms and conditions of access. The information on this page is not part of the Prospectus. If you do not understand it, you should consult your professional adviser without delay.
Important Notice
WITHDRAWAL AND CLOSURE OF OFFERS UNDER PROSPECTUS
The Directors of Tungsten Metals Group Ltd (Company) would like to advise that the offers made pursuant to the Replacement Prospectus dated 9 August 2024 (Prospectus) have been withdrawn and now closed as a result of the Company having not achieved the minimum subscription amount required under the Prospectus.
The Company has lodged a supplementary prospectus with ASIC today to formally withdraw the offers made pursuant to the Prospectus. As a result, the Company’s planned IPO and listing on the ASX as contemplated by the Prospectus will not proceed.
The Board recognises that current capital markets have been difficult all year and few IPO’s have been undertaken in the year.
The Board is now considering all other options available to it including raising a smaller amount of capital under a new prospectus. It is also considering other alternatives for private funding that may be available to it in order to fund production runs, working capital and debt repayments.
As the public offer has been withdrawn, your application monies will be refunded in full (without interest).
In light of this, Automic (our share registry) will process a refund into the bank account you nominated in your application. If you did not nominate a bank account, please follow the steps below to submit your bank account details.
1. Use the Automic Investor Portal: if you have already registered, enter your username and password and click "log in". If you have not yet registered, click "register" and follow the prompts. Once you have logged in, click on "profile". You can then select "edit" in the Payment Details section. Once you have added your payment details, click "save".
Should you have any questions in relation to your application or refund, please contact Automic between 8.30am and 5.00pm (WST) on 1300 288 664 within Australia or +61(2) 9698 5414 from outside Australia, or via email at corporate.actions@automicgroup.com.au
For further information, please contact the Company directly on +61 8 6188 8181.
We look forward to communicating further with all shareholders in the near future on the recommended option for your Company.
Below Documents for Viewing
The following documents are available for viewing and download below.
To access these documents, kindly fill out the details required in the below forms.
Prospectus (26 July, 2024) replaced by;
Replacement Prospectus (9 August, 2024) replaced by;
Supplementary Prospectus (28 October, 2024)
Extension Letter (3 October, 2024) replaced by;
Closure Of Offer Letter (28 October, 2024)
Acknowledgement
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You have read and understood the above terms and conditions to access the electronic version of the Prospectus;
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OR
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You will not pass on to any other person the Application Form unless it is attached to or accompanied by the complete and unaltered electronic version of the Prospectus