PENSANA METALS LTD (ASX.PM8)

The suspension of trading in the securities of Pensana Rare Earths Plc will be lifted immediately, following the release by PM8 of an announcement regarding a capital raising.

The company releases a notification of Proposed issue of Securities - PM8.

The company has raised just over A$2 million from Fundo Soberano de Angola. FSDEA has agreed to subscribe for 7,648,670 ordinary shares in the company at A$0.27 per share, to raise gross proceeds of A$2,065,141 million before expenses. The funds raised will be used to progress the Definitive Feasibility Study for the company's flagship Longonjo Project and to provide working capital.

The company issues a response to Price and Volume Query.

The securities of Pensana Rare Earths Plc will be suspended from quotation immediately under Listing Rule 17.2, at the request of PM8, pending the release of an announcement regarding a capital raising and a response to an ASX price query.

The suspension of trading in the securities of Pensana Rare Earths Plc will be lifted from the commencement of trading on Wednesday, 12 February 2020, following implementation of the scheme of arrangement under Part 5.1 of the Corporations Act between Pensana Metals Limited and its shareholders in connection with the acquisition of all the issued shares in Pensana Metals Limited by Pensana Rare Earths Plc and the admission of Pensana Rare Earths Plc, the successor entity of Pensana Metals Limited, to the Official List of ASX.

Pensana Rare Earths was admitted to the Official List of ASX Limited today, on Friday, 7 February 2020. Official quotation of Pensana Rare Earths' CHESS Depositary Interests representing fully paid ordinary shares at a ratio of 1:1 is expected to commence at 10:06:45 AM +/- 15 seconds (AEDT) as part of Group 4 on Wednesday, 12 February 2020.

name changed to Pensana Rare Earths PLC

The scheme of arrangement pursuant to which Pensana Rare Earths plc will acquire all of the ordinary shares in Pensana has been implemented. All Pensana shares have been transferred to Pensana UK.An application has been made to remove Pensana from the official list of ASX as at the close of trade on 5 February 2020 or as soon as practicable thereafter.

Following discussions with ASX, trading in Pensana Rare Earth's securities is expected to commence on a normal settlement basis on 7 February 2020. Given the short timeframe between implementation of the scheme of arrangement and admission of Pensana UK to the official list of ASX, deferred settlement trading for Pensana UK CDIs will not occur.

The company lodges its Quarterly Activities Report.

The company lodges its Quarterly Cashflow Report.

The securities of Pensana Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, following lodgement of the Supreme Court of Western Australia orders with the Australian Securities and Investments Commission approving the scheme of arrangement by which Pensana Rare Earths Plc will acquire all of the issued shares in PM8.

we understand that on or about this date the company consolidated its shares 1 for 10

The suspension of trading in the securities of Pensana Metals Ltd will be lifted immediately, following the release by PM8 of an announcement regarding a capital raising.

The company has received firm commitments from institutional clients of RFC Ambrian and Ashanti Capital for a private placement of 250,000,000 fully paid ordinary shares at $0.020 to raise $5,000,000. The funds will be applied to the execution of a Pre Feasibility Study by Wood Group into the development of the Longonjo NdPr Project in Angola which will be reported in September.

The securities of Pensana Metals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PM8, pending the release of an announcement regarding a capital raising.

name changed from Rift Valley Resources Limited