Gold Mountain : Proposed issue of securities - GMN

Proposed issue of securities

Announcement Summary

orF personal use only

Entity name

GOLD MOUNTAIN LIMITED

Announcement Type

New announcement

Date of this announcement

21/2/2022

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

A placement or other type of issue

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	Options exercisable at $0.02 each expiring 24 months from	107,014,917
confirmed	the date of issue
GMN	ORDINARY FULLY PAID	214,029,834
Ex date
23/2/2022
+Record date
24/2/2022
Offer closing date
15/3/2022
Issue date
22/3/2022

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	Options exercisable at $0.02 each expiring 24 months from	8,561,193
confirmed	the date of issue
Proposed +issue date
22/3/2022

Proposed issue of securities

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Proposed issue of securities

Refer to next page for full details of the announcement

For personal use only

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

GOLD MOUNTAIN 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
ACN	115845942
1.3	ASX issuer code
GMN

1. The announcement is New announcement
2. Date of this announcement

21/2/2022

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

A placement or other type of issue

1.6a The proposed standard +pro rata issue is: + Renounceable

Proposed issue of securities

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Proposed issue of securities

Part 3 - Details of proposed entitlement offer issue

only
	Part 3A - Conditions
		3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can
		proceed on an unconditional basis?
use	No
	Part 3B - Offer details
		Class or classes of +securities that will participate in the proposed issue and class or classes of +securities
personal	proposed to be issued
ASX +security code and description
		GMN : ORDINARY FULLY PAID
		Is the proposed security a 'New	Will the proposed issue of this	If the entity has quoted company
		class' (+securities in a class that is	+security include an offer of	options, do the terms entitle option
		not yet quoted or recorded by ASX)	attaching +securities?	holders to participate on exercise?
		or an 'Existing class' (additional	Yes	No
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	D tails of +securities proposed to be issued
		ASX +security code and description
		GMN : ORDINARY FULLY PAID
For	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the tradable rights created under a renounceable right issue

(if Issuer is foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)

The quantity of additional +securities to be issued

For a given quantity of +securities held

1	5
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Proposed issue of securities

personal use only

What will be done with fractional	Maximum number of +securities
entitlements?	proposed to be issued (subject to
	rounding)
Fractions rounded down to the nearest	214,029,834
whole number or fractions disregarded
Offer price details for retail security holders
In what currency will the offer be	What is the offer price per +security
made?	for the retail offer?
AUD - Australian Dollar	AUD 0.01000

Oversubscription & Scale back details

Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?

Yes

Describe the limits on over-subscription

Eligible investors will have the ability to apply for shortfall securities

Will a scale back be applied if the offer is over-subscribed?Yes

Describe the scale back arrangements

At the lead manager's discretion in conjunction with the directors

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Attaching +Security
For	Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX)

or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)? New class

Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)

Details of attaching +securities proposed to be issued

Proposed issue of securities

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