Security Purchase Plan Extension
Security Purchase Plan Extension
Canberra, Dec 7, 2017 AEST (ABN Newswire) - Alt Resources Limited (ACN 168 928 416) (ASX:ARS) (Company) is pleased to advise that further to the Company's previous announcement dated 15 November 2017 regarding its Share Purchase Plan (SPP) the Board has decided to extend the closing date for the SPP offer by five days. Applications will now be accepted until 5.00pm on Wednesday 13 December 2017.

The response to the SPP has been positive and the Company continues to receive application enquiries from shareholders so the extension will ensure that all eligible shareholders have ample time to submit their applications and are able to participate in the SPP.

Under the Plan, eligible shareholders are able to subscribe for up to $15,000 worth of Shares (SPP Shares) at an offer price of 5 cents each without participants being required to pay brokerage or other costs.

Key features of the Plan include:

- Eligible shareholders may purchase shares to the value of $1,000, $2,500, $5,000, $10,000 or $15,000.

- Applications will continue to be managed on a "first in first serve basis" and in any case must be received by no later than 5.00pm on Wednesday 13 December 2017.

- Shares under the Plan are expected to be issued on or about Monday 18 December 2017.

Use of Funds

It is intended that funds raised under the Plan and Placement will be used as follows:

a) Pay the Option Fee to secure the Bottle Creek Gold Project located at Mt Ida in Western Australia;

b) Undertake 8000 metres of RC drilling programs at the Bottle Creek Gold Project;

c) Undertake resource drilling at the Mt Roberts Gold Project located at Leinster in Western Australia; and

d) Provide working capital for the Company's current operations.

Details of the Company's current activities are set out in the announcements made by the Company to the ASX and are available from the ASX, or the Company's website at

If eligible shareholders have already sent in their applications - thank you - no further action is required.

The revised timetable for the offer is set out in the table below. All other terms remain unchanged.
Record Date for the Plan                         14 November 2017 

Announce the Plan                                15 November 2017

Plan Opens                                       15 November 2017 

Closing Date the Plan                            13 December 2017 

Quotation on ASX of SPP Shares under the Plan    18 December 2017 

These dates are indicative only. The Company may vary the dates and times of the Offer without notice.

About Alt Resources Ltd

Alt Resources LtdAlt Resources Limited (ASX:ARS) is an Australian based mineral exploration company that aims to become a gold producer by exploiting historical and new gold prospects across quality assets and to build value for shareholders. The Company's portfolio of assets includes the newly acquired Bottle Creek gold mine located in the Mt Ida gold belt, the Paupong IRG Au-Cu-Ag mineral system in the Lachlan Orogen NSW, Myalla polymetallic Au-Cu-Zn project east of Dalgety in NSW and the Mt Roberts gold project located near the town of Leinster in WA.

Alt Resources, having acquired historical and under-explored tenements in the Mt Ida Gold Belt, aims to consolidate the historical resources, mines and new gold targets identified within the region. Potential at Mt Ida exists for a centralised production facility to service multiple mines and to grow the Mt Ida Gold Belt project to be a sustainable and profitable mining operation.



Alt Resources Ltd
T: 1300-66-00-01
M: +61-406-069-243

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