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Cassius Mining Limited (ASX:CMD)

ALERT: Price-sensitive ASX Announcement for CMD
Current share price for CMD : $0.028 -0.005 (-15.15%)+
Announcement
Release
12 Jun 2026 9:49AM
Price at Release
$0.033
Full Release
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Summary
Cassius Mining Limited announced a pro-rata bonus issue of 1 new option for every 8 ordinary shares held by eligible shareholders on the Record Date of 18 June 2026. These options have an exercise price of 3 cents and will expire on 8 June 2029. The bonus issue aims to reward existing shareholders without affecting the company's cash balance. Only shareholders in Australia and New Zealand are eligible, and the options will be automatically issued to them. The entitlements to new options are non-renounceable and cannot be traded or transferred. However, the company plans to apply for their quotation on the ASX, subject to meeting the ASX's listing requirements.
Key Points
  • Pro-rata bonus issue of 1 new option for every 8 ordinary shares.
  • Options with an exercise price of 3 cents, expiring on 8 June 2029.
  • No funds will be raised, aims to reward shareholders.
  • Eligible only for shareholders in Australia and New Zealand.
  • The entitlements are non-renounceable.
  • Intention to apply for ASX quotation of new options.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.