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Altech Chemicals - Dispatch of Prospectus and Letter to Shareholders


On 9 November 2020, Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) announced the launch of a $14.5 million partially underwritten non-renounceable pro-rata entitlement offer on the basis of two (2) new shares at $0.04 each for every five (5) shares held at the Record Date by eligible shareholders, plus one free attaching option for each two (2) new shares subscribed and issued (exercise price $0.08, expiry 31 May 2022) to raise up to $14.5 million before costs (Offer). ASX quotation will be sought for the options.

The Company has today despatched the attached letter to Shareholders eligible to participate in the Offer, accompanied by a personal Entitlement Application Form and a copy of the Offer Prospectus. A copy of the Offer Prospectus is also available on the Company web site: www.altechchemicals.com and via the Company’s share Registry, Automic (see instructions below).

For more information, download the attached PDF.

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