Comet Resources : Consolidation/Split - CRL

May 27, 2022 at 05:09 am

Notification of Consolidation/Split

Announcement Summary

For personal use only

Entity name

COMET RESOURCES LIMITED

Applicable security for the reorganisation

CRL	ORDINARY FULLY PAID
CRLAJ	OPTION EXPIRING 30-JUN-2023 EX $0.0325
CRLAK	OPTION EXPIRING 01-DEC-2023 EX $0.03
CRLAL	OPTION EXPIRING 08-OCT-2025 EX $0.025
CRLAM	OPTION EXPIRING 08-OCT-2025 EX $0.035
CRLAI	OPTION EXPIRING 30-JUN-2023 EX $0.022
CRLAH	OPTION EXPIRING 30-JUN-2023 EX $0.018
CRLAN	OPTION EXPIRING 12-FEB-2023 EX $0.03
CRLAO	OPTION EXPIRING 12-FEB-2023 EX $0.05
CRLAP	OPTION EXPIRING 12-FEB-2023 EX $0.07
Announcement Type
New Announcement
Date of this announcement
27/5/2022
Reorganisation type
Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis

29/6/2022

Record Date

30/6/2022

Notification of Consolidation/Split

1 / 8

Notification of Consolidation/Split

Issue Date

7/7/2022

Refer to below for full details of the announcement

For personal use only

Notification of Consolidation/Split

2 / 8

Notification of Consolidation/Split

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		COMET RESOURCES LIMITED
		1.2 Registered Number Type		Registration Number
use	ABN
	88060628202
1.3 ASX issuer code


		CRL
		1.4 The announcement is
personal	New announcement
1.5 Date of this announcement

		27/5/2022
		1.6 Securities affected by the consolidation or split
		ASX +Security Code	ASX +Security Description
		CRL	ORDINARY FULLY PAID
		CRLAJ	OPTION EXPIRING 30-JUN-2023 EX $0.0325
For	CRLAK	OPTION EXPIRING 01-DEC-2023 EX $0.03
CRLAL	OPTION EXPIRING 08-OCT-2025 EX $0.025

		CRLAM	OPTION EXPIRING 08-OCT-2025 EX $0.035
		CRLAI	OPTION EXPIRING 30-JUN-2023 EX $0.022
		CRLAH	OPTION EXPIRING 30-JUN-2023 EX $0.018

Notification of Consolidation/Split

3 / 8

Notification of Consolidation/Split

		CRLAN	OPTION EXPIRING 12-FEB-2023 EX $0.03
		CRLAO	OPTION EXPIRING 12-FEB-2023 EX $0.05
only	CRLAP	OPTION EXPIRING 12-FEB-2023 EX $0.07

	Part 2 - Approvals

use	2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable?
Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity required to be given/met before business day 0 of the
timetable for the consolidation or split.
		Yes
personal	2.2 Approvals
Approval/Condition	Date for determination	Is the date estimated or	Approval

		+Security holder approval	27/6/2022	actual?	received/condition met?
			Estimated
					No
		Comments


	Pa t 3 - Consolidation or split timetable and details

		3.1 +Record date
		30/6/2022
For	3.2 Date of +security holder meeting
27/6/2022

3.2a Effective date of consolidation or split 27/6/2022

3.3 Last day for trading in the pre consolidation or split +securities 28/6/2022

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis. 29/6/2022

Notification of Consolidation/Split

4 / 8

Notification of Consolidation/Split

3.5 Record date

30/6/2022

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

1/7/2022

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

only	7/7/2022

		3.8 Trading starts on a normal T+2 basis
		8/7/2022
use	3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
12/7/2022

	Part 4 - Event type and details

		4.1 The event is
		+Security consolidation
personalPart 5 - +Securities on issue before and after consolidation or split
		4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
		10
		(pre-consolidation) +securities will be consolidated into
		1
		(post-consolidation) +security (/ies).
		4.2 Scrip fraction rounding
		Fractions rounded down to the nearest whole number or fractions disregarded

For	5.1 +Securities on issue before and after the consolidation or split

		ASX +Security Code	ASX +Security Description
		CRL	ORDINARY FULLY PAID
		Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
		Quoted	consolidation or split	consolidation or split	Estimated

				691,590,087	69,159,009
		ASX +Security Code	ASX +Security Description
		CRLAJ	OPTION EXPIRING 30-JUN-2023 EX $0.0325

	Notification of Consolidation/Split		5 / 8

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Disclaimer

Comet Resources Limited published this content on 27 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2022 09:08:26 UTC.

	1st Jan change	Capi.
BHP GROUP LIMITED	-14.58%	145B
RIO TINTO PLC	-4.42%	118B
GLENCORE PLC	-1.81%	69.95B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+4.22%	51.2B
GRUPO MÉXICO, S.A.B. DE C.V.	+8.06%	46.8B
ANGLO AMERICAN PLC	+38.84%	40.22B
TECK RESOURCES LIMITED	+25.33%	25.77B
HINDUSTAN ZINC LIMITED	+43.43%	23.9B
IVANHOE MINES LTD.	+54.63%	18.39B

1st Jan change

Capi.

BHP GROUP LIMITED

-14.58%

145B

RIO TINTO PLC

-4.42%

118B

GLENCORE PLC

-1.81%

69.95B

SAUDI ARABIAN MINING COMPANY (MA'ADEN)

+4.22%

51.2B

GRUPO MÉXICO, S.A.B. DE C.V.

+8.06%

46.8B

ANGLO AMERICAN PLC

+38.84%

40.22B

TECK RESOURCES LIMITED

+25.33%

25.77B

HINDUSTAN ZINC LIMITED

+43.43%

23.9B

IVANHOE MINES LTD.

+54.63%

18.39B

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Comet Resources : Consolidation/Split - CRL

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