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ASTRAL RESOURCES NL — Capital/Financing Update 2019
Dec 12, 2019
64276_rns_2019-12-12_ba06b640-2bc4-431b-8691-be5caa3959f9.pdf
Capital/Financing Update
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Appendix 3B New issue announcement
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement, application for quotation of additional securities and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12
Name of entity
ANGLO AUSTRALIAN RESOURCES NL (AAR)
ABN
24 651 541 976
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
| 1 +Class of+securities issued or to be issued 2 Number of+securities issued or to be issued (if known) or maximum number which may be issued 3 Principal terms of the+securities (eg, if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) |
ORD |
|---|---|
| 1,098,901 | |
| Fully paid ordinary shares |
- See chapter 19 for defined terms.
01/08/2012
Appendix 3B Page 1
| 4 Do the+securities rank equally in all respects from the date of allotment with an existing+class of quoted+securities? If the additional securities do not rank equally, please state: • the date from which they do • the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment • the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment 5 Issue price or consideration 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) 6a Is the entity an+eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b – 6h in relation to the+securities the subject of this Appendix 3B, and comply with section 6i 6b The date the security holder resolution under rule 7.1A was passed 6c Number of+securities issued without security holder approval under rule 7.1 6d Number of+securities issued with security holder approval under rule 7.1A 6e Number of+securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) |
Yes |
|---|---|
| Deemed price of $0.091 | |
| For the provision of services | |
| No | |
| N/A | |
| 1,098,901 | |
| Nil | |
| Nil |
Appendix 3B New issue announcement
| 6f Number of securities issued under an exception in rule 7.2 6g If securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. Include the source of the VWAP calculation. 6h If securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements 6i Calculate the entity’s remaining issue capacity under rule 7.1 and rule 7.1A – complete Annexure 1 and release to ASX Market Announcements 7 Dates of entering+securities into uncertificated holdings or despatch of certificates 8 Number and +class of all +securities quoted on ASX (including the securities in section 2 if applicable) 9 Number and +class of all +securities not quoted on ASX (_including_the securities in clause 2 if applicable) 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests) |
Nil | Nil |
|---|---|---|
N/A |
||
| N/A | ||
| Issue capacity under Rule 7.1:5,315,727 | ||
| 13 December 2019 | ||
| Number | +Class | |
| 403,802,935 | Ordinary Shares | |
| Number | +Class | |
| 29,800,000 | Unlisted Options exercisable at $0.02 each and expiring30/11/20 |
|
| 10,100,000 | Unlisted Options exercisable at $0.025 each and expiring30/11/20 |
|
| 2,500,000 | Unlisted Options exercisable at $0.04 each and expiring30/11/20 |
|
| 8,950,000 | Unlisted Options exercisable at $0.08 each and expiring30/11/20 |
|
| 3,000,000 | Unlisted options with various Vesting terms, exercise $0.135, expiring 27 Nov 2022. |
|
| n/a |
Part 2 – Deleted – Not Applicable
- See chapter 19 for defined terms.
01/08/2012
Appendix 3B Page 3
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
-
34 Type of securities ( tick one )
-
(a)[Securities described in Part 1 ]
-
(b)[All other securities ]
Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a) Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
- 35 If the[+] securities are[+] equity securities, the names of the 20 largest holders of the additional[+] securities, and the number and percentage of additional[+] securities held by those holders
36 If the[+] securities are[+] equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over 37 A copy of any trust deed for the additional[+] securities
Appendix 3B New issue announcement
Quotation agreement
-
1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.
-
2 We warrant the following to ASX.
-
The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.
-
There is no reason why those[+] securities should not be granted +quotation.
-
An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
-
Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that no-one has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.
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If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.
-
3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
-
4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.
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Sign here: ............................................................ (Company Secretary)
Date: 13 December 2019
Print name: Graeme Smith
- See chapter 19 for defined terms.
01/08/2012
Appendix 3B Page 5
Appendix 3B – Annexure 1
Calculation of placement capacity under rule 7.1 and rule 7.1A for[+] eligible entities
Introduced 01/08/12
Part 1
Rule 7.1 – Issues exceeding 15% of capital
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Step 1: Calculate “A”, the base figure from which the placement
capacity is calculated
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Insert number of fully paid ordinary 318,264,054
securities on issue 12 months before date
of issue or agreement to issue
Add the following:
• Number of fully paid ordinary securities 40,100,000
issued in that 12 month period under
an exception in rule 7.2
• Number of fully paid ordinary securities
issued in that 12 month period with
shareholder approval
• Number of partly paid ordinary
securities that became fully paid in that
12 month period
• Include only ordinary securities here –
other classes of equity securities
cannot be added
• Include here (if applicable) the
securities the subject of the Appendix
3B to which this form is annexed
• It may be useful to set out issues of
securities on different dates as
separate line items
Subtract the number of fully paid ordinary -
securities cancelled during that 12 month
period
“A” 358,364,054
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Appendix 3B New issue announcement
Step 2: Calculate 15% of “A”
| Step 2: Calculate 15% of “A” | Step 2: Calculate 15% of “A” |
|---|---|
| “B” | 0.15 [Note: this value cannot be changed] |
| Multiply“A” by 0.15 | 53,754,608 |
| Step 3: Calculate “C”, the amount of placement capacity under rule 7.1 that has already been used |
|
| Insertnumber of equity securities issued or agreed to be issued in that 12 month period_not counting_those issued: • Under an exception in rule 7.2 • Under rule 7.1A • With security holder approval under rule 7.1 or rule 7.4 Note: • This applies to equity securities, unless specifically excluded – not just ordinary securities • Include here (if applicable ) the securities the subject of the Appendix 3B to which this form is annexed • It may be useful to set out issues of securities on different dates as separate line items |
48,438,881 |
| “C” | 48,438,881 |
| Step 4: Subtract “C” from [“A” x “B”] to calculate remaining placement capacity under rule 7.1 |
|
| “A” x 0.15 Note: number must be same as shown in Step 2 |
53,754,608 |
| Subtract“C” Note: number must be same as shown in Step 3 |
(48,438,881) |
| Total[“A” x 0.15] – “C” | 5,315,727 |
Part 2 – Not applicable
- See chapter 19 for defined terms.
01/08/2012
Appendix 3B Page 7
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ANGLO AUSTRAL I AN RESOURCES NL ACN 009 159 077
ASX Announcement
13 December 2019
ISSUE OF ANGLO AUSTRALIAN RESOURCES NL SECURITIES – SECONDARY TRADING NOTICE - NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")
On 13 December 2019, Anglo Australian Resources NL (" Company ") issued 1,098,901 fully paid ordinary shares at a deemed issue price of $0.091 per share (the " Securities ").
SECONDARY TRADING NOTICE - NOTIFICATION PURSUANT TO PARAGRAPH 708A(5)(e) OF THE CORPORATIONS ACT 2001 ("Act")
The Company hereby notifies ASX under paragraph 708A(5)(e) of the Act that:
-
(a) the Company issued the Securities without disclosure to investors under Part 6D.2 of the Act;
-
(b) as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company, and section 674 of the Act; and
-
(c) as at the date of this notice there is no information:
-
i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
-
ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of:
-
A. the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or
-
B. the rights and liabilities attaching to the Securities.
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Yours faithfully,
Anglo Australian Resources NL
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Graeme Smith
Company Secretary