Vita Resources NL (ASX:VTA) has updated its securities purchase plan (SPP) offer closing date, extending it to 20 November 2026, according to an Appendix 3B filing lodged with the ASX on 6 November 2026. The update amends a previous announcement dated 23 October 2026.

Key Points

  • Vita Resources NL has changed the SPP offer closing date from 6 November 2026 to 20 November 2026.
  • The SPP offers ordinary fully paid shares (ASX: VTA) at AUD $0.021 per security, with a maximum of 23,809,524 shares available if all offers are accepted.
  • Individual security holders may subscribe for amounts between $1,000 and $30,000, with available parcels of $1,000, $2,500, $5,000, $10,000, $15,000, $20,000, $25,000, and $30,000.
  • Funds raised are intended to be applied towards exploration programs at the Ninnis Gold Project in Western Australia, pursuing gold opportunities in Australia and New Zealand, SPP costs, and general working capital.

Securities Purchase Plan Offer Closing Date Amendment

Vita Resources NL filed an update to its previously announced securities purchase plan on 6 November 2026, disclosing that the offer closing date has been changed to 20 November 2026. The original SPP was announced on 23 October 2026, with a record date of 22 October 2026 and offer documents made available to investors from 26 October 2026. The issue date and last day for the company to announce results of the SPP offer remains 27 November 2026, as previously disclosed. No external approvals or conditions are required before the offer can proceed on an unconditional basis.

SPP Offer Terms and Eligible Shareholders

The SPP is offered at AUD $0.021 per ordinary fully paid share, with a maximum of 23,809,524 securities available should all offers be accepted. Eligible shareholders must hold addresses in Australia or New Zealand to participate. Individual applicants face a minimum acceptance value of $1,000 and a maximum of $30,000. The company disclosed that no minimum subscription condition and no maximum subscription condition apply to the overall offer. The proposed securities will rank equally in all respects from their issue date with existing issued securities in the same class.

Scale-Back Arrangements and Use of Funds

Vita Resources NL disclosed that a scale-back may be applied if the offer is oversubscribed. Factors the company may consider in any scale-back include the size of a shareholding at the record date, the extent to which a shareholder has sold or purchased shares since the record date, whether the shareholder holds multiple registered holdings, the date an application was made, and the total number of applications and new shares subscribed for by eligible shareholders. The board stated it presently intends to apply funds raised towards exploration programs at the Ninnis Gold Project in Western Australia, pursuing gold opportunities in Australia and New Zealand, offer costs, and general working capital.