PDZ Prairie Mining Limited

TIDMPDZ

RNS Number : 8812R

Prairie Mining Limited

10 November 2021

PRAIRIE MINING LIMITED

   NEWS RELEASE |   10 November 2021 

DISPATCH OF DOCUMENTS FOR ENTITLEMENTS ISSUE

Prairie Mining Limited (Prairie or Company) is pleased to advise that the Offer Document and Entitlement and Acceptance Form in respect to the Company's one (1) for ten (10) non-renounceable entitlements issue (Entitlements Issue) have been dispatched to eligible shareholders.

The Company also advises that the below notice has been sent to current ineligible shareholders.

For enquiries, please contact the Company on +61 8 9322 6322, info@pdz.com.au or on the details below:

 
 Prairie Mining Limited              Tel: +44 207 478 3900 
  Ben Stoikovich, Chief Executive   Email: info@pdz.com.au 
   Officer 
 Sapan Ghai, Head of Corporate 
  Development 
  Kazimierz Chojna, Commercial 
  Officer 
 

10 November 2021

Dear Sha r eho lder

Non-Renounceable Entitlement Offer - Ineligible Shareholders

I am w riti ng to y ou as the regi stered ho lder of sha res in Prairie Mining L i m ited ( Co mpan y ) with a reg i stered address outs i de of Austra l ia, New Zea l and, Germany and the Un ited K ingdom.

As previously announced, the Compa ny advised that the terms of a no n -ren oun ceable pro rata offer of securities to its sha reh o l ders on the ba s is of one (1) new sha re ( New Share) for ev e ry ten (10) sha res he ld at the record da te at an i ssue price of A$0.20 (GBP0.11 / EUR0.13) per sha re ( Offer ).

The Offer is being made by way of an offer document in accordance with section 708AA of the Corporations Act 2001 (Cth) (Corporations Act), as modified by ASIC Corporations (Non-Traditional Rights Issues) Instrument 2016/84, meaning that no prospectus has been prepared.

Those shareholders whose address is outside of Australia, New Zealand, Germany and the United Kingdom are not eligible to participate in the Offer (Ineligible Shareholders).

T he Co mpa ny has determ ined that it w ould be un r easonab le on this occas i on to extend parti cipa t ion in the O ffer to Inel i g i b le Sha r eho lde rs ha v ing rega rd to:

   (a)        the  number of Inel igi b le  S hareho lde rs; 

(b) the number and value of securities to be of fered to Inel igible Sha reholde rs; a nd

(c) the cost to comply w ith the applicable laws and the requirements of applicable regulatory authorities in jurisdictions outside of Australia, New Zealand, Germany and the United Kingdom.

For y our information on l y, deta ils of the O ffer are contai ned in the offer do cument ( Offer Document ) whi ch has be en lod ged with ASX on 2 November 202 1. The Offer Doc u ment is a v a il able on both the Compa n y's web site www. pdz . c om .au and on the A SX w ebs ite www . a sx . c o m .a u .

Yours sincerely

Dylan Browne

Company Secretary

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November 10, 2021 02:00 ET (07:00 GMT)

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