Cleansing Notice
Released
Released
Announcement PDF
ASX Announcement
19 February 2025
ASX: OD6
PLACEMENT β CLEANSING NOTICE
This notice is given by OD6 Metals Limited (ASX:OD6) (Company) hereby provides notice to the ASX for the
purposes of section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act).
Further to the announcement on 12 February 2025, the Company confirms that it has issued 24,555,555, fully paid
ordinary shares (Placement Shares) under the Placement (Placement). The remaining 1,444,445 Shares,
13,000,000 Attaching Options and 8,000,000 Consultant Options are subject to shareholder approval at an
upcoming EGM, expected to be held late March 2025. For further details, refer to the announcement dated 12
February 2025.
The Company gives notice that:
a) the Placement Shares will be issued without disclosure to investors under Part 6D.2 of the Corporations
Act;
a) this notice if being given under section 708A(5)(e) of the Corporations Act;
b) as at the date of this notice, the Company has complied with:
(i)
the provisions of Chapters 2M of the Corporations Act, as they apply to the Company; and
(ii)
sections 674 and 674A of the Corporations Act; and
c) as at the date of this notice, there is no excluded information within the meaning of sections 708A(7) and
section 708A(8) of the Corporations Act which is required to be disclosed by the Company.
Authorised for release by the Board of OD6 Metals Limited.
For further information please contact:
Joel Ives
Company Secretary
OD6 Metals Limited
info@od6metals.com.au
About OD6 Metals
OD6 Metals is an Australian public company pursuing exploration and development opportunities within the critical
minerals sector, namely rare earths and copper.
Copper
The Company is also looking to advance the proposed acquisition of the Gulf Creek Copper-Zinc VMS Project located
near the town of Barraba in NSW, Australia.
Gulf Creek was mined at around the turn of the 20th century and was once regarded as the highest grade copper mine (2%
to 6.5% Cu) in NSW until its closure due to weak copper prices in 1912. Very little exploration has occurred at the project in
over 100 years, with OD6 aiming to apply modern day exploration technologies.
Mineralisation is associated with magnetite, with geophysics showing significant greenfields and brownfields exploration
potential exists with over >3km of untested strike in the immediate mine-stratigraphy, and over >10km across the
tenement.
Rare Earth Elements
OD6 Metals has successfully identified clay hosted rare earths at its 100% owned Splinter Rock Projects which is located in
the Esperance-Goldfields region of Western Australia.
The Company released a Mineral Resource Estimate (MRE) for Splinter Rock in May 2024, confirming that the project hosts
the largest and highest-grade clay-hosted rare earths deposit in Australia with an Indicated Resource of 119Mt @
1,632ppm TREO and an Inferred Resource of 563Mt @ 1,275ppm TREO with an overall ratio of ~23% high-value Magnetic
Rare Earths (MagREE).
OD6 Metals believes that Splinter Rock has all the hallmarks of a world class rare earths project with a conceptual
development which utilises the large and high-grade Splinter Rock resource to support a long-life REE operation supported
by a low strip ratio.
Corporate Directory
Managing Director
Mr Brett Hazelden
Non-Executive Chairman
Dr Darren Holden
Non-Executive Director
Mr Piers Lewis
Non-Executive Director
Dr Mitch Loan
Financial Controller/ Joint Company Secretary
Mr Troy Cavanagh
Joint Company Secretary
Mr Joel Ives
Contact
Investor Relations
OD6 Metals Ltd
Lucas Robinson
ACN 654 839 602
Corporate Storytime
www.od6metals.com.au
lucas@corporatestorytime.com
Mail to: info@od6metals.com.au
Phone: +61 408 228 889
Phone: +61 8 6189 8515
Level 1, 50 Kings Park Road, West Perth, WA 6005
PO Box 277, North Beach, WA 6920
PO Box 2009, Esperance, WA 6450
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