Prodigy Gold NL Updates Entitlement Offer Timetable with New Closing Date of 25 November 2026

Manish Choudhary

06 November 2026 04:04 PM AEDT

Prodigy Gold NL Updates Entitlement Offer Timetable with New Closing Date of 25 November 2026

Image Source: Krish Capital Pty Ltd

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Prodigy Gold NL (ASX:PRX) has filed an updated Appendix 3B disclosing a revised timetable for its non-renounceable pro rata entitlement offer, with the offer closing date extended to 25 November 2026, as also set out in a companion release titled "Further Extension of the Entitlement Offer Closing Date" lodged on 6 November 2026.

Key Points

The entitlement offer is a non-renounceable pro rata issue of PRX ordinary fully paid shares at AUD $0.047 per share.
Maximum securities proposed to be issued is 168,546,687 ordinary shares, on a 1-for-2 offer ratio.
The revised offer closing date is 25 November 2026, with the issue date set for 2 December 2026.
The offer is underwritten by APAC Resources Limited (50%), Plutus Prospecting Pty Ltd (25%), and Jetosea Pty Ltd (25%), each receiving a 2% fee on their respective underwriting commitment.

Revised Entitlement Offer Timetable

According to the filing, the record date for the entitlement offer was 13 October 2026 and offer documents were sent to eligible security holders on 16 October 2026. The updated offer closing date is 25 November 2026, with 20 November 2026 being the last day to further extend that closing date. Trading in new securities on a deferred settlement basis is scheduled to commence on 26 November 2026, with the issue date and last day to announce results set for 2 December 2026. Normal T+2 trading is scheduled to begin on 3 December 2026, with first settlement on 7 December 2026.

Offer Structure and Subscription Terms

The offer is structured as a non-renounceable pro rata issue, with one new ordinary fully paid share offered for every two existing shares held, at an issue price of AUD $0.047 per share. The maximum number of securities proposed to be issued is 168,546,687, with fractional entitlements rounded up to the next whole number. Security holders are permitted to apply for more than their entitlement under a Shareholder Shortfall Offer, though directors retain discretion to refuse applications where the issue would result in a breach of ASX Listing Rules or cause a holder's voting power to exceed prescribed thresholds. Any oversubscription will be scaled back on a pro rata basis.

Underwriting Arrangements

The entitlement offer is fully underwritten by three parties: APAC Resources Limited, which has committed to 50% of unsubscribed new shares; Plutus Prospecting Pty Ltd, committed to 25%; and Jetosea Pty Ltd, committed to 25%. A 2% fee on each party's respective underwriting commitment is payable as consideration for their binding commitment. The filing states that underwriters may terminate their commitment if the company does not dispatch offers to eligible shareholders by the tenth business day after announcing its intention to undertake the entitlement offer. All three underwriting parties are identified as parties referred to in ASX Listing Rule 10.11.

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