Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement, application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13
Name of entity |
Lithium Australia NL |
ABN |
29 126 129 413 |
We (the entity) give ASX the following information.
Part 1 - All issuesYou must complete the relevant sections (attach sheets if there is not enough space).
1 | +Class of +securities issued or to be issued | Fully paid ordinary shares |
2 | Number of +securities issued or to be issued (if known) or maximum number which may be issued | 1,723,806 |
3 | Principal terms of the +securities (e.g. if options, exercise price and expiry date; if partly paid +securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) | Fully paid ordinary shares |
4 | Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted +securities? If the additional +securities do not rank equally, please state:
| Yes |
5 | Issue price or consideration | $0.151 |
6 | Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) | Shares issued pursuant to the Heads of Agreement dated 27 February 2017 with TIN International AG |
6a | Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6h in relation to the +securities the subject of this Appendix 3B, and comply with section 6i | Yes |
6b | The date the security holder resolution under rule 7.1A was passed | 28 November 2016 |
6c | Number of +securities issued without security holder approval under rule 7.1 | 1,723,806 |
6d | Number of +securities issued with security holder approval under rule 7.1A | |
6e | Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) | |
6f | Number of +securities issued under an exception in rule 7.2 | |
6g | If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation. | |
6h | If +securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements | |
6i | Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements | Rule 7.1 - 40,314,772 Rule 7.1A - 25,780,771 |
7 | +Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B. | 25 May 2017 |
Number | +Class |
284,326,103 132,850,148 | Fully paid ordinary shares Partly paid contributing shares paid to $0.0001 each ($0.2499 unpaid) |
Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
Number
+Class
4,316,666
7,875,000
9,200,000
10,340,000
16,250,000
$0.15 options exercisable on or before 1 July 2019
$0.20 options exercisable on or before 1 July 2019
$0.30 options exercisable on or before 1 July 2019
Performance Rights as approved by shareholders on 15 July 2015
Performance Rights as approved by shareholders on 30 November 2016
Number and +class of all
+securities not quoted on ASX (including the +securities in section 2 if applicable)
N/A
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
11 | Is security holder approval required? |
12 | Is the issue renounceable or non-renounceable? |
13 | Ratio in which the +securities will be offered |
14 | +Class of +securities to which the offer relates |
15 | +Record date to determine entitlements |
Lithium Australia NL published this content on 25 May 2017 and is solely responsible for the information contained herein.
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