Proposed issue of securities
Announcement Summary
For personal use only
Entity name
AUMAKE LIMITED.
Announcement Type
New announcement
Date of this announcement
17/11/2021
The Proposed issue is:
A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
New class-code to be | Options exercisable at $0.045, expiring 3 years from issue | 65,500,000 |
confirmed | ||
AUK | ORDINARY FULLY PAID | 131,000,000 |
Proposed +issue date
22/11/2021
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 7 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
AUMAKE 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 | 79150110017 | |
1.3 | ASX issuer code | |
AUK |
- The announcement is New announcement
- Date of this announcement
17/11/2021
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities | 2 / 7 |
Proposed issue of securities
Part 7 - Details of proposed placement or other issue
only | ||||||
Part 7A - Conditions | ||||||
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other | ||||||
type of issue can proceed on an unconditional basis? | ||||||
Yes | ||||||
use | 7A.1a Conditions | |||||
Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |||
+Security holder approval | 31/1/2022 | actual? | received/condition met? | |||
Estimated | ||||||
Comments | ||||||
Security holder approval for the 1 for 2 attaching options and 10million broker options | ||||||
personal | ||||||
P rt 7B - Issue details | ||||||
Is the proposed security a 'New | Will the proposed issue of this | |||||
class' (+securities in a class that is | +security include an offer of | |||||
not yet quoted or recorded by ASX) | attaching +securities? | |||||
or an 'Existing class' (additional | Yes | |||||
securities in a class that is already | ||||||
quoted or recorded by ASX)? | ||||||
Existing class | ||||||
Details of +securities proposed to be issued | ||||||
For | ASX +security code and description | |||||
AUK : ORDINARY FULLY PAID | ||||||
Number of +securities proposed to be issued 131,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
Yes
Proposed issue of securities | 3 / 7 |
Proposed issue of securities
In what currency is the cash consideration being paid?
AUD - Australian Dollar
What is the issue price per +security?
AUD 0.01700
only | Will these +securities rank equally in all respects from their issue date with | ||||
the existing issued +securities in that class? | |||||
Yes | |||||
Attaching +Security | |||||
Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) | |||||
or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)? | |||||
use | Is the proposed security a 'New | Will the proposed issue of this | |||
class' (+securities in a class that is | +security include an offer of | ||||
personal | not yet quoted or recorded by ASX) | attaching +securities? | |||
or an 'Existing class' (additional | No | ||||
securities in a class that is already | |||||
quoted or recorded by ASX)? | |||||
New class | |||||
Details of +securities proposed to be issued | |||||
ISIN Code (if Issuer is a 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? | Yes | ||||
No | |||||
ASX +security code | +Security description | ||||
For | New class-code to be confirmed | Options exercisable at $0.045, expiring 3 years from issue | |||
+Security type | |||||
Options | |||||
Number of +securities proposed to be issued | |||||
65,500,000 | |||||
Offer price details | |||||
Are the +securities proposed to be issued being issued for a cash consideration? | |||||
No | |||||
Proposed issue of securities | 4 / 7 |
Proposed issue of securities
Please describe the consideration being provided for the +securities
Shareholders who participated in the placement are eligible for 1 options for every 2 shares acquired and the lead broker will be issued 10m options in satisfaction of a brokerage and management fee.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
only | 170,000.000000 | ||||
Will all the +securities issued in this class rank equally in all respects from | |||||
their issue date? | |||||
No | |||||
If some of the issued +securities do not rank equally | |||||
Is the actual date from which the +securities will rank equally (non-ranking | |||||
use | end date) known? | ||||
No | |||||
Provide the estimated non-ranking end period | |||||
30 January 2021 | |||||
Please state the extent to which the +securities do not rank equally: | |||||
In relation to the next dividend, distribution or interest payment; or | |||||
For any other reason | |||||
personal | |||||
The Options do not have any voting rights or rights to achieve dividends attached. | |||||
Following the exercise of the Options, and the conversion into ordinary shares, those ordinary shares will rank equally with | |||||
existing fully paid ordinary shares (including the right to vote and receive dividends) | |||||
Options details | |||||
+Security currency | Exercise price | Expiry date | |||
AUD - Australian Dollar | AUD 0.0450 | 31/1/2025 | |||
Details of the type of +security that will be issued if the option is exercised | |||||
AUK : ORDINARY FULLY PAID | |||||
Number of securities that will be issued if the option is exercised | |||||
One fully paid ordinary share (ASX: AUK) | |||||
For | |||||
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. | |||||
Proposed issue of securities | 5 / 7 |
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AuMake Limited published this content on 17 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2021 21:51:17 UTC.