Prodigy Gold's entitlement offer results

Prodigy Gold NL (ASX:PRX) has successfully closed its non-renounceable pro rata entitlement offer, raising $429,363.27 and issuing 143,120,754 Attaching Options to 322 shareholders. Valid applications were also received for 3,833,835 Shortfall Shares and 2,555,890 Attaching Options by Netwealth Super, associated with Mr Mark Edwards.

Executive commentary on the entitlement offer

The Company is pleased with the outcome of the entitlement offer, which has been well received by our shareholders. We appreciate the support shown by Netwealth Super and other participants. The funds raised will be utilized to further our strategic objectives and enhance shareholder value.

Summary of Prodigy Gold's entitlement offer

Prodigy Gold (ASX:PRX) has successfully completed its entitlement offer, raising $429,363.27 and issuing 143,120,754 Attaching Options. The Company will issue the new shares and unlisted Attaching Options on 3 October 2024, with normal trading expected to commence on 4 October 2024. Additionally, the Directors may offer and place the shortfall of 838,765,902 Shares not subscribed for, together with Attaching Options, at their discretion within three months of the Closing Date. The Attaching Options have an exercise price of $0.005 and are exercisable until 30 November 2027. Interested investors are encouraged to contact the Company, Prodigy Gold's Share Registry, or their broker for further details on the Public Shortfall Offer.