April 26, 2016

Key metrics of the Offer

  • Alkane to raise approximately $16 million through a pro-rata traditional non-renounceable offer of one new share for every five existing shares held, at an issue price of $0.20 per share.
  • Offer open to eligible Alkane shareholders with a registered holding as at 7:00pm Sydney time on 29 April 2016
  • The funds raised will be applied to the advancement of the Dubbo Zirconia Project through to receipt of project financing funds