The prospectus dated Friday 3rd November 2023 (Prospectus) is an important document that should be read in its entirety before deciding whether to participate in the Offer (as referred to below and detailed in the Prospectus). If after reading the Prospectus, you have questions about the Offer, you should contact your stockbroker, accountant or other professional adviser.
THE OFFER
The Prospectus contains details of offers by Kali Metals Limited ACN 653 279 371 (Company) for new fully paid ordinary shares in the Company (Shares) as set out in the Prospectus (Offer). The Offer is subject to a minimum subscription as described in the Prospectus. No shares will be issued on the basis of the Prospectus after the expiry date, being 13 months after the date of the Prospectus. The Company will apply to the Australian Securities Exchange (ASX) for admission to the official list of ASX and quotation of the shares on ASX within 7 days of the date of the Prospectus.
IMPORTANT INFORMATION
The paper form of the Prospectus is available to access or download electronically through this website. A free paper copy of the Prospectus is available from the Company upon request by an eligible investor.
Neither ASIC nor ASX take any responsibility for the contents of the Prospectus or the investment to which it relates.
The information on this website is not part of the Prospectus.
The information contained in the Prospectus is not financial product advice and does not take into account your investment objectives, financial situation or particular needs. The Prospectus should not be construed as financial, taxation, legal or other advice. The Company is not licensed to provide financial product advice in respect of its securities or any other financial products.
The Prospectus is important and should be read in its entirety prior to deciding whether to invest in the Company. There are risks associated with an investment in the Company and some of the key risks are set out in the Prospectus. You should carefully consider these risks in light of your personal circumstances (including financial and tax issues) and seek professional guidance from your stockbroker, solicitor, accountant, financial adviser or other independent professional adviser before deciding whether to invest in the Company. There may also be risks in addition to these that should be considered in light of your personal circumstances.
If you do not fully understand the Prospectus or are in doubt as to how to deal with it, you should seek professional guidance from your stockbroker, solicitor, accountant, financial adviser or other independent professional adviser before deciding whether to invest in the Company.
No person named in the Prospectus warrants or guarantees the Company’s performance, the repayment of capital by the Company or any return on investment made pursuant to the Prospectus.
WARNING
The Prospectus does not constitute an offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation. No action has been taken to register or qualify the Shares or the Offer, or to otherwise permit a public offering of the Shares in any jurisdiction outside Australia. The distribution of the Prospectus (including in electronic form) outside Australia may be restricted by law and persons who come into possession of the Prospectus outside Australia should observe any such restrictions, including those set out in Section 7.6 of the Prospectus. Any failure to comply with such restrictions may constitute a violation of applicable securities laws.
The Offer is not being extended to any investor outside Australia, except to:
- existing Kalamazoo Shareholders with a registered address in New Zealand and the United Kingdom as part of the Priority Offer; and
- certain Institutional Investors as part of the Institutional Offer.
In particular, the Prospectus may not be distributed in the United States and does not constitute an offer to sell, or a solicitation of any offer to buy, securities in the United States. The Shares have not been, and will not be, registered under the US Securities Act of 1933 or the securities laws of any US state and, accordingly, may not be offered or sold in the United States except in transactions exempt from or not subject to the registration requirements of the US Securities Act and any applicable US securities laws.
The Offer constituted by the Prospectus in electronic form is available only to Australian residents accessing the website within Australia and is not available to persons in any other jurisdictions, including the United States. If you are accessing this site from anywhere outside Australia, do not download, print or view the Prospectus.
By accessing the Prospectus, you acknowledge and confirm, among other things, that you are an Australian resident and are accessing the site from within Australia.
EXPOSURE PERIOD
The Corporations Act 2001 (Cth) (Corporations Act) prohibits the Company from processing applications for securities under the Prospectus (Applications) in the seven-day period after the date of lodgement of the Prospectus with ASIC (Exposure Period). This period may be extended by ASIC for a further period of up to seven days. The purpose of the Exposure Period is to enable the Prospectus to be examined by ASIC and market participants prior to the raising of funds under the Offers. The examination may result in the identification of deficiencies in the Prospectus, in which case any Application may need to be dealt with in accordance with section 724 of the Corporations Act. Applications received during the Exposure Period will not be processed until after the expiry of the Exposure Period. No preference will be conferred on any Applications received during the Exposure Period.
ACKNOWLEDGEMENT
The information on this website is provided for information purposes only and is subject to change without notice. Nothing contained on this website or in the Prospectus constitutes investment, legal, business, taxation or other advice. The information on this website and in the Prospectus does not take into account your investment objectives, financial situation or particular needs.
If you have any questions about the Shares being offered under the Prospectus or any other matter, then you should consult your stockbroker, accountant or other professional adviser.
If you have any questions in relation to the Offer, call the Kali Metals Offer Information Line on:
- 1300 113 258 (toll free within Australia); or
- +61 8 9389 8033 (outside Australia),
between 8:30am and 5:00pm (AWST time), Monday to Friday (excluding public holidays).
By clicking the AGREE button below and accessing the Prospectus on this website, you acknowledge that you have read and accept the terms set out in this notice and represent, warrant and agree that:
- you are a resident of Australia accessing this website from within Australia;
- you are 18 years of age or over;
- you are not a resident of the United States nor currently located in the United States;
- you are not acting for the account nor benefit of a person in the United States or any other person outside Australia;
- you will not make a copy of the Prospectus available to, or release or distribute a copy of the Prospectus to, or for the account or benefit of, any person in the United States or in any other place in which, or to any other person to whom, it would be unlawful to do so (Ineligible Persons); and
- you are not acting as a nominee for, or otherwise for the account or benefit of, any Ineligible Persons.
3rd November 2023 – Prospectus lodged with ASIC