Due to an administrative error, the Company is unable to comply with the on-sale provisions of the Corporations Act 2001 (Cth) in respect of shares to be issued under the Original SPP.
As a result, the Company has resolved to withdraw the Original SPP and will shortly announce details of a new share purchase plan (New SPP).
An outline of the New SPP will be released and offers will be made under the New SPP to eligible shareholders following lodgement of the requisite cleansing notice with ASX pursuant to ASIC Class Order CO 09/425.
The record date for the SPP is unchanged and remains 29 April 2019.
To view Share Purchase Plan Offer Documents, please visit:
About Alt Resources Ltd
Alt Resources Limited (ASX:ARS) is an Australian based mineral exploration company that aims to become a gold producer by exploiting historical and new gold prospects across quality assets and to build value for shareholders. The Company's portfolio of assets includes the newly acquired Bottle Creek gold mine located in the Mt Ida gold belt in South Central WA 95km north west of Menzies, the Paupong IRG Au-Cu-Ag mineral system in the Lachlan Orogen NSW, Myalla polymetallic Au-Cu-Zn project east of Dalgety in NSW and the Mt Roberts gold project located near the town of Leinster in WA.
Alt Resources, having acquired historical and under-explored tenements in the Mt Ida Gold Belt, aims to consolidate the historical resources, mines and new gold targets identified within the region. Potential at Mt Ida exists for a centralised production facility to service multiple mines and to grow the Mt Ida Gold Belt project to be a sustainable and profitable mining operation.
CEO Alt Resources Ltd
Investor Relations & Corporate Affairs