GBM Resources : Proposed issue of securities - GBZ
GBZ.AX
Proposed issue of securities
Announcement Summary
For personal use only
Entity name
GBM RESOURCES LIMITED
Announcement Type
New announcement
Date of this announcement
22/12/2021
The Proposed issue is:
A standard pro rata issue (including non-renounceable or renounceable)
Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)
Maximum Number of
ASX +security code
+Security description
+securities to be issued
New class-code to be
Unquoted options exercisable at $0.075 each and expiring
51,080,931
confirmed
30 November 2022
Ex date
1/2/2022
+Record date
2/2/2022
Offer closing date
21/2/2022
Issue date
24/2/2022
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
GBM 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
91124752745
1.3
ASX issuer code
GBZ
22/12/2021
1.6 The Proposed issue is:
A standard +pro rata issue (non-renounceable or renounceable)
1.6a The proposed standard +pro rata issue is: + Non-renounceable
Proposed issue of securities
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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
GBZ : 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
Yes
securities in a class that is already
quoted or recorded by ASX)?
New class
D
tails of +securities proposed to be issued
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
For
ISIN Code for the entitlement or right to participate in a non-renounceable
issue (if Issuer is 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?
No
No
ASX +security code
+Security description
New class-code to be confirmed
Unquoted options exercisable at $0.075 each and expiring 30 November 2022
Proposed issue of securities
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For personal use only
Proposed issue of securities
+Security type
Options
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
The quantity of additional +securities
For a given quantity of +securities
to be issued
held
1
10
What will be done with fractional
Maximum number of +securities
entitlements?
proposed to be issued (subject to
rounding)
Fractions rounded up to the next
51,080,931
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 0.02500
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
Applications for over-subscriptions will be determined by the Board in its sole discretion.
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
Scale back of over-subscribe securities will be determined by the Board in its sole discretion.
Will all the +securities issued in this class rank equally in all respects from their issue date?
Yes
Options details
+Security currency
Exercise price
Expiry date
AUD - Australian Dollar
AUD 0.0750
30/11/2022
Proposed issue of securities
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Proposed issue of securities
Details of the type of +security that will be issued if the option is exercised
GBZ : ORDINARY FULLY PAID
Number of securities that will be issued if the option is exercised
only
1
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
Material terms of the securities will be included in the Offer Prospectus
Details of company options where holders entitled to participate in the offer
use
ASX +security code and description
GBZOB : OPTION EXPIRING 06-JUL-2023
Date Option must be exercised by
2/2/2022
personal
P rt 3C - Timetable
3C.1 +Record date
2/2/2022
3C.2 Ex date
1/2/2022
3C.4 Record date
2/2/2022
3C.5 Date on which offer documents will be sent to +security holders
For
entitled to participate in the +pro rata issue
7/2/2022
3C.6 Offer closing date
21/2/2022
3C.7 Last day to extend the offer closing date
16/2/2022
3C.9 Trading in new +securities commences on a deferred settlement basis
22/2/2022
Proposed issue of securities
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Disclaimer
GBM Resources Limited published this content on 22 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2021 05:32:08 UTC.