Zeus Resources Ltd (ASX:ZEU) Completes Placement of Shortfall
Placement Details
Zeus Resources Ltd (ASX: ZEU) has completed the placement of its Priority Options shortfall, raising approximately $92,872. This follows the closure of the Priority Options Offer, which initially raised $105,297 before costs. With this placement, the overall amount raised from the Offer now totals $198,169.
Shareholder Engagement
The shortfall applications received amounted to 92,871,840 Priority Options. Shareholder approval for the issuance of these options was granted at the Company’s Annual General Meeting on 29 November 2024. The Company will not seek ASX quotation for the Priority Options once issued.
Acknowledgements
The Board of Zeus Resources extends gratitude to all shareholders and option holders for their support during the Priority Options Offer. This announcement has been authorized for market release by the Board of Zeus.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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