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Pure Foods Tasmania Limited (ASX:PFT)

ALERT: Price-sensitive ASX Announcement for PFT
Current share price for PFT : $0.020 -0.007 (-25.93%)+
Announcement
Release
26 Aug 2026 1:55PM
Price at Release
$0.027
Full Release
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Summary
Pure Foods Tasmania Limited has updated its announcement regarding the issue of 15,000,000 fully paid ordinary shares. This issuance includes shares under placement, debt conversion, and employee remuneration arrangements. The company raised $257,000 through the placement of 11,681,818 shares at $0.022 per share. The placement included 2,727,273 shares to J.A.F Capital Pty Ltd, a significant shareholder, for $60,000, and the rest to other investors. Additionally, 2,863,636 shares were issued to resolve $58,000 in existing debt, and 454,546 shares were issued for employee remuneration, valued at $10,000. This announcement corrects errors from a previous release and confirms the total share issuance.
Key Points
  • 15,000,000 shares issued by Pure Foods Tasmania Limited.
  • 11,681,818 shares placed raising $257,000.
  • Placement shares priced at $0.022 each, a discount to market price.
  • Debt conversion involved 2,863,636 shares extinguishing $58,000 debt.
  • Employee remuneration issued 454,546 shares valued at $10,000.
  • Corrects previous announcement errors regarding share issuance.
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.