Share Purchase Plan and Options Offer
Before downloading, printing or viewing the SPP Offer Document and/or the Options Prospectus, please carefully read this information. By accessing either the SPP Offer Document or the Options Prospectus (by clicking on the links below) you agree to and acknowledge that you have read and accept these terms and conditions of access. The information on this page is not part of the Offer Document or the Prospectus. If you do not understand it, you should consult your professional adviser without delay.
Offers close at 5.00pm (Sydney time) on Monday 7 October 2024
On Monday, 9 September 2024, Sunstone announced that it is undertaking a Share Purchase Plan (SPP), offering eligible shareholders in Australia and New Zealand the opportunity to apply for up to $30,000 of Shares at $0.005 (0.5 cents) per Share to raise up to $2,000,000.
In addition, the Option Offer entitles each holder who participates in the SPP to apply for one Option for every two Shares subscribed for and issued under the SPP Offer, exercisable at $0.0075 (0.75 cents) on or before the Expiry Date.
The SPP is being conducted in conjunction with a Placement of 500 million Shares to institutional, professional and sophisticated investors to raise $2,500,000.
The offers contained in the Offer Document and the Prospectus do not take into account the individual investment objectives, financial situation or particular needs of each Eligible Shareholder. Accordingly, before making a decision whether or not to make an application under the SPP and Option Offer, you should consult your financial or other professional adviser.
How to apply
Eligible shareholders in Australia and New Zealand will receive a personalised application form (Application Form). To participate in the SPP and the Option Offer, please carefully read the SPP Offer Booklet and the Options Prospectus you will have received with your Application Form.
Applications for the SPP and Options Offer can only be made online at www.computersharecas.com.au/stmspp.
Eligible shareholders may then participate as follows:
- Eligible Shareholder with a registered address in Australia: submit a BPay® payment; or
- Eligible Shareholder with a registered address in New Zealand: submit a BPay® or contact the Company to receive instructions to make an electronic funds transfer (EFT)
Please make sure your that you complete your online application and payment by 5.00pm (Sydney time) on Monday, 7 October 2024.
Persons to whom Offers are available
For legal reasons, the electronic version of the Offer Document and the Prospectus accessible through this website is available to persons accessing this website from within Australia and New Zealand only. If you are accessing this website from anywhere outside Australia or New Zealand, please do not download the electronic version of the Prospectus.
The Offer Document or Prospectus do not constitute an offer, or invitation to apply for, of securities in any jurisdiction where, or to any person to whom, it would not be lawful to issue the Offer Document or Prospectus or to make the offer or invitation. It is the responsibility of any applicant outside Australia to ensure compliance with all laws of any country relevant to their applications, and any such applicant should consult their professional advisers as to whether any government or other consents are required, or whether any formalities need to be observed to enable them to apply for and be allotted any securities.
It is not practicable for the Company to comply generally with the securities laws of overseas jurisdictions having regard to the number of overseas shareholders, the number and value of securities those shareholders would be offered and the cost of complying with regulatory requirements in each relevant jurisdiction. Accordingly, the offers pursuant to the Prospectus are only being extended and securities will only be issued to shareholders with a registered address in Australia.
SPP Offer Document
Under the SPP, Eligible Shareholders in Australia and New Zealand have the opportunity to participate in the SPP Offer by subscribing for up to A$30,000 of fully paid ordinary shares in the Company without incurring brokerage and subject to the following Terms and Conditions.
Please read these Terms and Conditions contained within the SPP Offer Document relating to the SPP, as you will be bound by them by participating in the SPP.
STM - SPP Offer Booklet - 2024
Options Prospectus
The Options Offer is being made under a Prospectus which has been prepared in accordance with section 713 of the Corporations Act 2001 (Cth).
If you are accessing the electronic version of this Prospectus for the purpose of making an investment in the Company, you must be a shareholder of the Company who is a resident of Australia and New Zealand and must only access this Prospectus from within those countries.
The Corporations Act prohibits any person passing onto another person an Application Form unless it is attached to a hard copy of this Prospectus or it accompanies the complete and unaltered version of this Prospectus. Any person may obtain a hard copy of this Prospectus free of charge by contacting the Company.
The Company reserves the right not to accept an Application Form from a person if it has reason to believe that when that person was given access to the electronic Application Form, it was not provided together with the electronic Prospectus and any relevant supplementary or replacement prospectus or any of those documents were incomplete or altered.
In accordance with the design and distribution obligations under the Corporations Act, the Company has determined the target market for the offer of Options under the Options Prospectus. The Company will only distribute this Prospectus to those investors who fall within the Target Market Determination (TMD) – a copy of the TMD can be found in the link below. By making an application under the Option Offer, you warrant that you have read and understood the target market determination and that you fall within the target market set out in the targe.
STM - Target Market Determination
STM - Prospectus - SPP Options and Placement Options
Enquiries
If you have any enquiries in relation to your application or the SPP and Option Offer, or have not received your personalised Application Form, please call the Company on +61 (7) 3368 9888 or email info@sunstonemetals.com.au.
