Nagambie Resources : Update - Proposed issue of securities - NAG

Proposed issue of securities

Update Summary

For personal use only

Entity name

NAGAMBIE RESOURCES LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

18/2/2022

Reason for update to a previous announcement

Change of timetable and maximum number of securities to be issued under 2022 SPP

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

NAGAMBIE RESOURCES 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
ABN	42111587163
1.3	ASX issuer code
NAG

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Change of timetable and maximum number of securities to be issued under 2022 SPP

1.4b Date of previous announcement to this update

3/2/2022

1.5 Date of this announcement

18/2/2022

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

Proposed issue of securities

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Proposed issue of securities

Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

For personal use only

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis?

No

Proposed issue of securities

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Proposed issue of securities

Part 4B - Offer details

Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued

only	ASX +security code and description
		NAG : ORDINARY FULLY PAID
		Will the proposed issue of this
		+security include an offer of
		attaching +securities?
use	No
	D tails of +securities proposed to be issued
		ASX +security code and description
		NAG : ORDINARY FULLY PAID
		Maximum total number of those +securities that could be issued
		if all offers under the +securities purchase plan are accepted
personal	37,736,000
Reason for the update of 'Maximum total number of those +securities that could be issued if all
		offers under the +securities purchase plan are accepted'
		Will the offer be conditional on applications for a minimum
		number of +securities being received or a minimum amount
		being raised (i.e. a minimum subscription condition)?
		No
		Will the offer be conditional on applications for a maximum
		number of +securities being received or a maximum amount
		being raised (i.e. a maximum subscription condition)?
		No
		Will individual security holders be required to accept the offer for
		a minimum number or value of +securities (i.e. a minimum
		acceptance condition)?
For	Yes
Is the minimum acceptance unit based or dollar based?
		Dollar based ($)
		Please enter the minimum acceptance value
		$ 1,000
		Will individual security holders be limited to accepting the offer
		for a maximum number or value of +securities (i.e. a maximum
		acceptance condition)?
		Yes
		Is the maximum acceptance unit based or dollar based?
		Dollar based ($)
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Proposed issue of securities

Please enter the maximum acceptance value

$ 30,000

Describe all the applicable parcels available for this offer in number of securities or dollar value

a whole number of multiple of $1,000

only	Offer price details
		Has the offer price been determined?
		Yes
		In what currency will the offer	What is the offer price per
		be made?	+security?
use	AUD - Australian Dollar	AUD 0.05300
Oversubscription & Scale back details
		Will a scale back be applied if the offer is over-subscribed?
		Yes
		Describe the scale back arrangements
		NAG reserves the right to scale back applications for Shares under the SPP at its discretion. If there is a
personal	scale back, a proportionate refund will be paid by NAG to Eligible Shareholders shortly after the Closing
Date or the date upon which the Closing Date is extended. Interest will not be paid on any money
refunded.
		Will these +securities rank equally in all respects from their issue date with the existing issued
		+securities in that class?
		Yes
	Pa t 4C - Timetable
		4C.1 Date of announcement of +security purchase plan
		25/1/2022
For	4C.2 +Record date
24/1/2022
4C.3 Date on which offer documents will be made available to investors
28/1/2022
4C.4 Offer open date
		28/1/2022
		4C.5 Offer closing date
		10/3/2022
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