Estrella Resources : Notification regarding unquoted securities - ESR
ESR.AX
Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary
For personal use only
Entity name
ESTRELLA RESOURCES LIMITED
Date of this announcement
Friday January 21, 2022
The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
Total number of +securities to be issued/transferred
Total number of
ASX +security
+securities to be
code
Security description
issued/transferred
Issue date
New class - code
Unquoted options exercisable at $0.06 expiring 21
14,000,000
21/01/2022
to be confirmed
January 2025
Refer to next page for full details of the announcement
Notification of Issue, Conversion or Payment up of Unquoted
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
ESTRELLA RESOURCES LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2
Registered number type
Registration number
ABN
39151155207
1.3
ASX issuer code
ESR
21/1/2022
Notification of Issue, Conversion or Payment up of Unquoted
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
+Other securities issued under an +employee incentive scheme that are not intended to be quoted on ASX
For personal use only
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
does not have an existing ASX security code ("new class")
Notification of Issue, Conversion or Payment up of Unquoted
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B
only
ASX +security code
+Security description
New class - code to be confirmed
Unquoted options exercisable at $0.06 expiring 21 January
2025
+Security type
ISIN code
Options
use
Date the +securities the subject of this notification were issued
21/1/2022
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
personal
Were any of the +securities issued to +key management personnel (KMP) or an +associate?
No
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
listing rule 6.1?
No
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
Options Details
+Security currency
Exercise price
Expiry date
AUD - Australian Dollar
AUD 0.06000000
21/1/2025
For
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
company option
Other
Description
Fully paid ordinary share
Please provide a URL link for a document lodged with ASX detailing the terms of the +employee incentive scheme or a summary of the terms
Issued pursuant to the Employee Share Option Plan approved by shareholders at AGM on 25 September 2020. Refer to Notice of Meeting dated 26 August 2020.
Notification of Issue, Conversion or Payment up of Unquoted
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Any other information the entity wishes to provide about the +securities the subject of this notification
6,000,000 options vest at the earlier of 12 months from the date of issue, upon a change of control event or if the market capitalisation of the Company reaches $150,000,000 for 5 consecutive trading days. 8,000,000 options vest immediately.
Issue details
onlyusepersonalFor
Number of +securities
14,000,000
Notification of Issue, Conversion or Payment up of Unquoted
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Disclaimer
Estrella Resources Limited published this content on 21 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2022 06:51:09 UTC.