Leigh Creek Energy : Proposed issue of securities - LCK

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

LEIGH CREEK ENERGY LIMITED

Announcement Type

New announcement

Date of this announcement 17/12/2021

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
LCK	ORDINARY FULLY PAID	160,033,988

Proposed +issue date

24/12/2021

Refer to next page for full details of the announcement

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

LEIGH CREEK ENERGY 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	107531822
1.3	ASX issuer code
LCK

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

17/12/2021

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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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	17/2/2022		actual?	received/condition met?
			Estimated
		Comments
		As set out in the announcement to the ASX on 17 December 2021, the third placement tranche under the share
personal	placement agreement is subject to shareholder approval.
	Part 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
LCK : ORDINARY FULLY PAID

Number of +securities proposed to be issued 4,285,714

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

No

Proposed issue of securities

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Proposed issue of securities

Please describe the consideration being provided for the +securities

As set out in the announcement to the ASX on 17 December 2021 4,285,714 Ordinary Shares are being issued in satisfaction of the Company's obligation to pay a fee to the subscriber under the share subscription agreement.

only	Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
600,000.000000
Will these +securities rank equally in all respects from their issue date with
		the existing issued +securities in that class?
		Yes
use	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)?
personal	Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		LCK : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		14,800,000
		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
For	As set out in the announcement to the ASX on 17 December 2021 the initial 14,800,000 Ordinary Shares in the placement
are being issued to the subscriber under the share subscription agreement.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
		Yes
	Proposed issue of securities	4 / 8

Proposed issue of securities

		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
only	ASX +security code and description
LCK : ORDINARY FULLY PAID
Number of +securities proposed to be issued
use	70,474,137
Offer price details
		Are the +securities proposed to be issued being issued for a cash
		consideration?
		Yes
personal	In what currency is the cash	What is the issue price per
consideration being paid?	+security?
AUD - Australian Dollar	AUD 0.11600
		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
For	quoted or recorded by ASX)?
Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		LCK : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		36,646,551
	Proposed issue of securities	5 / 8