Proposed issue of securities
Update Summary
For personal use only
Entity name
AURUMIN LIMITED
Announcement Type
Update to previous announcement
Date of this announcement
14/1/2022
Reason for update to a previous announcement
Update of the Appendix 3B following lodgement of the Prospectus of 14 January 2022.
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 16 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
AURUMIN 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 | 639427099 | |
1.3 | ASX issuer code | |
AUN |
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Update of the Appendix 3B following lodgement of the Prospectus of 14 January 2022.
1.4b Date of previous announcement to this update
16/12/2021
1.5 Date of this announcement
14/1/2022
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 | 2 / 16 |
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 | ||||
AUN : 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 | No | 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 | ||||
AUN : 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 | 4 |
Proposed issue of securities | 3 / 16 |
Proposed issue of securities
What will be done with fractional entitlements?
Maximum number of +securities proposed to be issued (subject to rounding)
personal use only
Fractions rounded up to the next | 24,810,106 |
whole number | |
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 0.20000 |
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
None set at this stage. The Board retains discretion on the limits on over-subscription.
Will a scale back be applied if the offer is over-subscribed?
No
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Part 3C - Timetable
For
3C.1 +Record date
20/1/2022
3C.2 Ex date
19/1/2022
3C.3 Date rights trading commences
19/1/2022
Proposed issue of securities | 4 / 16 |
Proposed issue of securities
3C.4 Record date 20/1/2022
3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue
25/1/2022
only | 3C.6 Offer closing date | ||
8/2/2022 | |||
3C.7 Last day to extend the offer closing date | |||
3/2/2022 | |||
3C.8 Date rights trading ends | |||
use | 1/2/2022 | ||
3C.9 Trading in new +securities commences on a deferred settlement basis | |||
2/2/2022 | |||
3C.11 +Issue date and last day for entity to announce results of +pro rata | |||
issue | |||
15/2/2022 | |||
personal | 3C.12 Date trading starts on a normal T+2 basis | ||
16/2/2022 | |||
3C.13 First settlement date of trades conducted on a +deferred settlement | |||
basis and on a normal T+2 basis | |||
18/2/2022 | |||
Part 3E - Fees and expenses | |||
3E.1 Will there be a lead manager or broker to the proposed offer? | |||
No | |||
3E.2 Is the proposed offer to be underwritten? | |||
For | Yes | ||
3E.2a Who are the underwriter(s)? | |||
Lazarus Corporate Finance Pty Ltd | |||
3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)? | |||
The Entitlement Offer is partially underwitten by Lazarus Corporate Finance Pty Ltd (Lazarus) for up to $2,000,000 (before | |||
costs). | |||
3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)?
- an underwriting fee of 5% of the underwritten amount;
- a selling fee of 6% of the gross proceeds received from the sale of any Shares offered pursuant to the Entitlement Offer which are not subscribed for pursuant to the Entitlement Offer and not underwritten pursuant to the Underwriting Agreement and which are placed by Lazarus; and
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Aurumin Ltd. published this content on 14 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2022 09:21:08 UTC.