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Carnegie is pleased to announce that the Garden Island Microgrid (GIMG) has commenced operations following recent approval from the Department of Defence.
Carnegie Clean Energy Limited (ASX:CCE) (Carnegie or the Company) is please to advise that it will host a live audio Investor Webinar on Monday 19 August 2019 at 10.00am AWST/ 12.00pm AEST. This will be followed by a shareholder town hall presentation to be held at 2.00pm at the Pawsey Supercomputing Centre in Perth
Carnegie Clean Energy Limited advises that the prospectus and personalised entitlement and acceptance forms in respect to the Company’s non -renounceable entitlement offer announced 1 August has been dispatched to eligible shareholders.
Carnegie Clean Energy Limited (subject to Deed of Company Arrangement) (ASX:CCE) (Carnegie or the Company) advises that, further to it’s ASX announcement dated 9 July 2019, ASX has granted the Company the following additional waivers from Listing Rules 10.1, 7.3.2, 10.13.3 and 10.13.5
For a non – renounceable pro rata entitlement offer of four (4) New Shares for every one (1) Share held by Eligible Shareholders on the Record Date at an issue price of $0.001 per New Share to raise a minimum of $5,500.000 (before costs) and a maximum of approximately $11,525,810 (before costs).
The Company has determined that it would be unreasonable to extend participation in the Entitlement Offer to shareholders who do not have a registered address in Australia or New Zealand (Ineligible Shareholders)
On 31 July 2019, Carnegie Clean Energy Limited (Subject to Deed of Company Arrangement) (Company) announced that it would be offering shareholders the opportunity to participate in a non- renounceable pro rata entitlement offer to raise a minimum of $5,500,000 (before costs) and a maximum of approximately $11,525,810 (before costs) (Entitlement Offer), on the basis of four (4) fully paid ordinary shares in the capital of the Company (New Share) for every one (1) share held by eligible shareholders on the record date, at an issue price $0.00 per New Share.
It is with great pleasure that the Board of Directors of Carnegie provide you with the enclosed prospectus to raise a minimum of $5.5 million which, if successful, will see resumption in trading of Carnegie on the ASX and a continuation of our plans to develop the CETO wave energy technology. Application form are also enclosed and the Offer closes on 4 September 2019.