Rights Issue
Pro-Rata Non-Renounceable Rights Issue and Shortfall Offer
American Uranium Limited (ASX:AMU) (American Uranium, AMU or the Company) announced its intention to undertake a pro-rata non-renounceable entitlement offer of one (1) New Share for every six (6) existing Shares held (Entitlement) at the Record Date, at an issue price of $0.12 per New Share. In addition a 1-for-2 free attaching option exercisable at $0.16 expiring 30 June 2029 will also be issued to Entitlement Offer participants (Attaching Options)
The Company advises it has updated the indicative timetable to allow additional time for a Prospectus to be finalised and lodged with ASIC in relation to the Attaching Options. The updated indicative timetable is set out below.
Indicative Timetable
Event | Target Date |
|---|---|
Despatch of Holding Statements | Friday, 22 May 2026 |
Normal trading of New Shares to commence on ASX | Monday, 25 May 2026 |
Last day to extend Offer Period | Tuesday, 12 May 2026 |
Closing Date of the Offer | Friday, 15 May 2026 |
Issue of New Shares under the Offer & lodgement of Appendix 2A | Friday, 22 May 2026 |
Opening Date of the Offer | Friday, 1 May 2026 |
Despatch of Offer Document and Acceptance Forms to Eligible Shareholders | Friday, 1 May 2026 |
Record Date
| Tuesday, 28 April 2026 |
Announcement of Offer | Wednesday, 22 April 2026 |
Lodgement of Prospectus | Thursday, 23 April 2026 |
Ex Date | Monday, 27 April 2026 |
Note: These dates are indicative only and subject to change. Subject to the Listing Rules, the Company may vary these dates without notice, including whether to close an Offer early, extend an Offer, or accept late Acceptances, either generally or in particular cases, without notification
Entitlement Offer
Pursuant to the updated indicative timetable, Shareholders who are registered as holders of fully paid ordinary shares (Shares) as at 4.00pm (WST) on Tuesday, 28 April 2026 (Record Date) with a registered address in Australia, New Zealand and Canada (Eligible Shareholders) will have the opportunity to participate in the Entitlement Offer.
Under the Entitlement Offer, Eligible Shareholders will be able to subscribe for one (1) New Share for every six (6) existing Shares held (Entitlement) at the Record Date, at an issue price of $0.12 per New Share. A 1-for-2 free attaching option exercisable at $0.16 expiring 30 June 2029 will also be issued to Entitlement Offer participants (Attaching Options).