Proposed issue of securities
Update Summary
For personal use only
Entity name
RTG MINING INC.
Announcement Type
Update to previous announcement
Date of this announcement
21/12/2021
Reason for update to a previous announcement
Updates to section 7D of the form.
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 7 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
RTG MINING INC.
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 |
ARBN | 164362850 | |
1.3 | ASX issuer code | |
RTG |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Updates to section 7D of the form.
1.4b Date of previous announcement to this update
20/12/2021
1.5 Date of this announcement
21/12/2021
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities | 2 / 7 |
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 | 10/2/2022 | actual? | received/condition met? | |||||
Estimated | ||||||||
Comments | ||||||||
Directors of the Company intend to subscribe for up to 2,166,666 Securities under the Private Placement, subject to | ||||||||
personal | receiving shareholder approval pursuant to ASX Listing Rule 10.11. | |||||||
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 | |||||||
RTG : CHESS DEPOSITARY INTERESTS 1:1 | ||||||||
Number of +securities proposed to be issued | ||||||||
156,277,779 | ||||||||
Offer price details | ||||||||
Are the +securities proposed to be issued being issued for a cash | ||||||||
consideration? | ||||||||
Yes | ||||||||
In what currency is the cash | What is the issue price per | |||||||
Proposed issue of securities | 3 / 7 |
Proposed issue of securities
consideration being paid? | +security? | ||
AUD - Australian Dollar | AUD 0.09000 | ||
only | 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 | ||
use | 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 | |||
personal | ASX +security code and description | ||
RTG : CHESS DEPOSITARY INTERESTS 1:1 | |||
Number of +securities proposed to be issued | |||
2,166,666 | |||
Offer price details | |||
Are the +securities proposed to be issued being issued for a cash | |||
consideration? | |||
Yes | |||
In what currency is the cash | What is the issue price per | ||
consideration being paid? | +security? | ||
AUD - Australian Dollar | AUD 0.09000 | ||
For | 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)? | |||
Proposed issue of securities | 4 / 7 |
Proposed issue of securities
New class | ||||
Details of +securities proposed to be issued | ||||
only | 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? | Yes | |||
No | ||||
ASX +security code | +Security description | |||
use | New class-code to be confirmed | OPTION EXPIRING 24-DEC-2026 EX 9.0C | ||
+Security type | ||||
Options | ||||
Number of +securities proposed to be issued | ||||
5,827,959 | ||||
personal | 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 | ||||
The US Placement Agent will be issued 5,827,959 unlisted advisor options equivalent to 5% of the gross proceeds of the | ||||
Private Placement to US clients, exercisable at A$0.09 with a five year expiry from date of issue. | ||||
Please provide an estimate of the AUD equivalent of the consideration being | ||||
provided for the +securities | ||||
Will all the +securities issued in this class rank equally in all respects from | ||||
their issue date? | ||||
For | Yes | |||
Options details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.0900 | 24/12/2026 |
Details of the type of +security that will be issued if the option is exercised
RTG : CHESS DEPOSITARY INTERESTS 1:1
Proposed issue of securities | 5 / 7 |
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RTG Mining Inc. published this content on 21 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2021 02:39:02 UTC.