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White Rock Minerals extends SPP closing date to Wednesday, July 15

Under the share purchase plan, eligible shareholders will be entitled to acquire up to $30,000 of shares at an issue price of 3 cents per share.

White Rock Minerals Ltd - Whit Rock Minerals extends SPP closing date to Wednesday July 15
Drilling at the Last Chance gold prospect is set to take place in early August

White Rock Minerals Ltd (ASX:WRM) has extended the closing date of its share purchase plan (SPP) to 5.00pm (AEST) on Wednesday, July 15, owing to delays brought about by COVID-19 restrictions.

The company received a number of inquiries from eligible shareholders interested in participating but who had experienced delays in receipt of their offer booklet due to longer postal delivery times related to the restrictions.

Under the SPP, eligible shareholders are entitled to acquire up to $30,000 of shares at an issue price of 3 cents per share, being the same issue price as the placement which was announced on May 28.

How to apply

Eligible shareholders wishing to participate in the SPP should apply by completing the personalised acceptance form sent to all eligible shareholders or in the case of applying by BPay, using the reference number shown on the application form.

If any eligible shareholder who has not received their SPP booklet wishes to participate in the SPP, please contact company secretary Shane Turner on 03 5331 4644.

Last Chance gold drilling

The company is mobilising a drilling rig to Last Chance gold prospect within the Red Mountain Project in Central Alaska after executing a contract for an initial 2,000 metres of diamond core drilling.

This drilling is expected to begin in early August following the identification of several promising gold targets.

 A six-person geology field crew is continuing with detailed reconnaissance mapping and detailed soil sampling, which started on June 16.

Quick facts: White Rock Minerals Ltd

Price: 0.665 AUD

ASX:WRM
Market: ASX
Market Cap: $48.32 m
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