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

  1. The announcement is New announcement
  2. 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.