Proposed issue of securities
Announcement Summary
For personal use only
Entity name
APOLLO MINERALS LIMITED
Announcement Type
New announcement
Date of this announcement
25/3/2022
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | Unlisted options exercisable at A$0.12 each on or before 30 | 1,000,000 |
confirmed | June 2024. | |
AON | ORDINARY FULLY PAID | 3,000,000 |
Proposed +issue date | ||
18/5/2022 |
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 6 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
APOLLO MINERALS LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 | Registered Number Type | Registration Number |
ABN | 96125222924 | |
1.3 | ASX issuer code | |
AON |
- The announcement is New announcement
- Date of this announcement
25/3/2022
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities | 2 / 6 |
Proposed issue of securities
Part 7 - Details of proposed placement or other issue
only | ||||||
Part 7A - Conditions | ||||||
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other | ||||||
type of issue can proceed on an unconditional basis? | ||||||
Yes | ||||||
use | 7A.1a Conditions | |||||
Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |||
+Security holder approval | 18/5/2022 | actual? | received/condition met? | |||
Estimated | ||||||
Comments | ||||||
personal | ||||||
P rt 7B - Issue details | ||||||
Is the proposed security a 'New | Will the proposed issue of this | |||||
class' (+securities in a class that is | +security include an offer of | |||||
not yet quoted or recorded by ASX) | attaching +securities? | |||||
or an 'Existing class' (additional | No | |||||
securities in a class that is already | ||||||
quoted or recorded by ASX)? | ||||||
Existing class | ||||||
Details of +securities proposed to be issued | ||||||
For | ASX +security code and description | |||||
AON : ORDINARY FULLY PAID | ||||||
Number of +securities proposed to be issued 3,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Proposed issue of securities | 3 / 6 |
use only
Proposed issue of securities
Please describe the consideration being provided for the +securities
Consideration for acquiring 100% of the shares in Select Exploration, the indirect holder of the Kroussou Zinc-Lead Project in Gabon.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
1.000000
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Is the proposed security a 'New | Will the proposed issue of this |
class' (+securities in a class that is | +security include an offer of |
not yet quoted or recorded by ASX) | attaching +securities? |
or an 'Existing class' (additional | No |
securities in a class that is already | |
quoted or recorded by ASX)? | |
New class |
Details of +securities proposed to be issued | |||
personal | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | ||
Have you received confirmation from | Will the entity be seeking quotation | ||
ASX that the terms of the proposed | of the 'new' class of +securities on | ||
+securities are appropriate and | ASX? | ||
equitable under listing rule 6.1? | No | ||
No | |||
ASX +security code | +Security description | ||
New class-code to be confirmed | Unlisted options exercisable at A$0.12 each on or before 30 June 2024. | ||
+Security type | |||
Options | |||
Number of +securities proposed to be issued | |||
For | 1,000,000 | ||
Offer price details | |||
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Consideration for acquiring 100% of the shares in Select Exploration, the indirect holder of the Kroussou Zinc-Lead Project in Gabon.
Please provide an estimate of the AUD equivalent of the consideration being
Proposed issue of securities | 4 / 6 |
Proposed issue of securities
provided for the +securities
1.000000
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes | |||||||
Options details | |||||||
only | +Security currency | Exercise price | Expiry date | ||||
AUD - Australian Dollar | AUD 0.1200 | 30/6/2024 | |||||
use | Details of the type of +security that will be issued if the option is exercised | ||||||
AON : ORDINARY FULLY PAID | |||||||
Number of securities that will be issued if the option is exercised | |||||||
1,000,000 fully paid ordinary shares. | |||||||
personal | Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities | ||||||
proposed to be issued or provide the information by separate announcement. | |||||||
Unlisted options exercisable at A$0.12 each on or before 30 June 2024. | |||||||
Material terms of the options will be included in a forthcoming Notice of General Meeting. | |||||||
Part 7C - Timetable | |||||||
7C.1 Proposed +issue date | |||||||
18/5/2022 | |||||||
Part 7D - Listing Rule requirements |
For
7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes
7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1
18/5/2022
7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No
Proposed issue of securities | 5 / 6 |
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Apollo Minerals Limited published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 23:05:28 UTC.