American Tungsten & Antimony Ltd (ASX:AT4) has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, disclosing the issue of 255,700,065 options (AT4OE) on 30 October 2026 as consideration in connection with the completion of the Nexus Metals acquisition and Del Sol Refinery transaction.

Key Points

  • 255,700,065 options (AT4OE) were issued on 30 October 2026 as consideration for the Nexus Metals acquisition and Del Sol Refinery transaction
  • The options were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001
  • The company confirmed compliance with Chapter 2M and sections 674 and 674A of the Corporations Act as at the date of the notice
  • The options have been subject to a holding lock since their issue and have not been available for trading or transfer during that period

Cleansing Notice Details Under Section 708A(5)(e)

American Tungsten & Antimony Ltd filed the cleansing notice on 4 November 2026, pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth). The notice confirms that the 255,700,065 options were issued without disclosure to investors under Part 6D.2 of the Corporations Act. The company also confirmed that, as at the date of the notice, there is no information constituting "excluded information" within the meaning of sections 708A(7) and 708A(8) of the Corporations Act that is required to be disclosed under section 708A(6)(e).

Options Issued as Consideration for Nexus Metals and Del Sol Refinery Transactions

According to the filing, the 255,700,065 options designated as AT4OE were issued on 30 October 2026 as consideration in connection with the completion of the Nexus Metals acquisition and the Del Sol Refinery transaction. The company stated that both transactions were announced to the ASX on 30 October 2026. The cleansing notice was signed by Nicholas Katris, Company Secretary, on behalf of the Board of American Tungsten & Antimony Ltd.

Holding Lock Applied to Issued Options

The filing states that the options have been subject to a holding lock since their issue date of 30 October 2026. As a result of the holding lock, the options have not been available for trading or transfer during that period. The company also confirmed compliance with the provisions of Chapter 2M of the Corporations Act, as they apply to the company, as well as compliance with sections 674 and 674A of the Corporations Act, as at the date of the cleansing notice filed on 4 November 2026.