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Vita Resources NL (ASX:VTA)

ALERT: Price-sensitive ASX Announcement for VTA
Current share price for VTA : $0.024 -0.007 (-22.58%)+
Announcement
Release
16 Jun 2026 8:20AM
Price at Release
$0.031
Full Release
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Summary
Vita Resources NL has announced a pro-rata bonus issue of options to shareholders, issuing 1 new unquoted option for every 15 shares held. These options, with an exercise price of $0.056, will expire on 29 June 2031, and are aimed at rewarding existing shareholders without affecting the company's cash reserves. Only shareholders registered in Australia and New Zealand are eligible to receive these options, which are automatically issued without requiring any action from shareholders. The issue is not underwritten and comes without lead managers, with key dates including the lodgement of the prospectus on 16 June 2026, and the issue date on 29 June 2026.
Key Points
  • Vita Resources NL announces a pro-rata bonus issue of options for shareholders.
  • Each eligible shareholder receives 1 new unquoted option for every 15 shares held.
  • The options have an exercise price of $0.056 and expire on 29 June 2031.
  • The bonus issue aims to reward existing shareholders without reducing the company's cash balance.
  • Only shareholders in Australia and New Zealand are eligible for the bonus issue.
  • The bonus issue is not underwritten and there are no lead managers.
  • Fractional entitlements will be rounded down and new options are non-renounceable.
  • Important dates include lodgment of the prospectus on 16 June 2026 and issue date on 29 June 2026.
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.