Red Metal Limited (ASX:RDM) has confirmed the allotment of 4,550,000 fully paid ordinary shares on 12 November 2026, following the exercise of an equivalent number of unquoted options, with the shares issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001.

Key Points

  • 4,550,000 fully paid ordinary shares allotted on 12 November 2026 upon exercise of the same number of unquoted options
  • Shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001
  • Notice given under Section 708A(5)(e) of the Corporations Act 2001
  • The company confirmed compliance with Chapter 2M, Section 674 and Section 674A of the Act as at the date of the notice
  • No excluded information exists as defined in Sections 708A(6)(e), 708A(7) and 708A(8) of the Act

Share Allotment and Option Exercise Details

Red Metal Limited confirmed the allotment of 4,550,000 ordinary fully paid shares on 12 November 2026, arising from the exercise of 4,550,000 unquoted options. The shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001. The filing states that a formal notice has been given pursuant to Section 708A(5)(e) of the Act, satisfying the statutory requirements associated with the issue of shares in these circumstances.

Corporations Act Compliance Confirmation

According to the filing, Red Metal Limited confirmed that, as at the date of the notice, the company had complied with the provisions of Chapter 2M of the Corporations Act 2001 as they apply to the company, as well as the requirements of Section 674 and Section 674A of the Act. The company also confirmed that, as at the date of the notice, there is no excluded information as defined under Sections 708A(6)(e), 708A(7) and 708A(8) of the Act.

Authorisation of the Release

The filing states that the release was authorised by the company's Managing Director, Mr Rob Rutherford. The notice was dated 12 November 2026 and lodged with the market in accordance with the company's obligations under the relevant provisions of the Corporations Act 2001. Red Metal Limited is registered with ACN 103 367 684 and maintains its registered office at Level 15, 323 Castlereagh Street, Sydney NSW 2000.