Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)
Lithium
44.73
(1.93%)
Gold
2,571.60
(0.25%)
Copper
4.08
0.21%
Oil
68.62
0.72%
Bitcoin
88,225.15
(2.51%)
FTSE 100
8,071.19
0.51%
Nikkei 225
38,535.70
(0.96%)
Dow Jones
43,750.86
(0.64%)
Iron Ore
98.45
(2.11%)
USD/AUD
0.65
(0.58%)
Hang Seng
19,435.81
(0.97%)

Great Dirt Resources (ASX: $GR8) offers loyalty options for additional capital

Overview of Loyalty Offer by Great Dirt Resources Ltd (ASX: $GR8)


Great Dirt Resources Ltd (ASX: $GR8) has announced a non-renounceable pro rata entitlement offer of 1 Loyalty Option for every 2 Shares held by Eligible Shareholders at an issue price of $0.005 per Loyalty Option. The purpose of the Loyalty Offer is to recognize the support from Shareholders and potentially raise additional capital. The Loyalty Options will have an exercise price of $0.25 and expire 3 years from the date of issue. The company has also outlined a Shortfall Offer for any Loyalty Options not taken up. The funds raised from the offer are intended to be used for working capital and continued exploration of the company's projects.

Executive Commentary on Loyalty Offer


The company has determined the target market for the offer of Loyalty Options in accordance with the design and distribution obligations under the Corporations Act. Investors are advised to carefully consider the risk factors associated with investing in the Company, as outlined in the Prospectus. The Loyalty Offer is not underwritten, and there is no minimum subscription. The Company's capital structure, control, potential dilution to Shareholders, cash reserves, and financial position have been detailed in the Prospectus. An overview of specific risks, including the Company's limited operational history, has been provided for investors to consider.

Summary of Great Dirt Resources Ltd's Loyalty Offer


Great Dirt Resources Ltd (ASX: $GR8) is offering a non-renounceable pro rata entitlement offer of 1 Loyalty Option for every 2 Shares held by Eligible Shareholders at an issue price of $0.005 per Loyalty Option. The purpose of the Loyalty Offer is to recognize shareholder support and potentially raise additional capital. The Loyalty Options will have an exercise price of $0.25 and expire 3 years from the date of issue. The company has also outlined a Shortfall Offer for any Loyalty Options not taken up. The funds raised from the offer are intended to be used for working capital and continued exploration of the company's projects. The company's exploration risk is concentrated on the single granted tenement, EL9527, and if exploration activities are unsuccessful, the company may need to acquire additional exploration projects to meet listing requirements. Land access risks and the need for further funds through equity or debt financing for future capital requirements are also highlighted. The Prospectus provides comprehensive information about the Loyalty Offer, the company's obligations, and arrangements related to the offer, as well as insights into the company's corporate structure, director interests, and related party transactions.

GREAT DIRT RESOURCES LTD
GR8 | ASX | Materials
0.1950(+0%)
At close 13/11 (AEDT)
Market cap
$7.3M
Volume
88,400
DY Yield
PE Ratio
52 Week Range
0.15 - 0.27
1YR Return
N / A

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