ASX RELEASE only28 December 2021
DIRECTORS /
MANAGEMENT
Russell Davis
Chairman
useDaniel Thomas Managing Director
Ziggy Lubieniecki Non-Executive Director
David Church Non-Executive Director
Mark Pitts Company Secretary
Mark Whittle
Chief Operating Officer
CAPITAL STRUCTURE
ASX Code: HMX
Sha e Price (24/12/2021) $0.046
Shar s on Issue | 815m |
Mark t Cap | $37.5m |
Options Unlisted | 27m |
Performance Rights | 8m |
personalFor |
T (08) 6369 1195 | E |
ABN 87 095 092 158 | P |
CHANGE OF DIRECTORS' INTERESTS
Hammer Metals Ltd (ASX:HMX) ("Hammer" or the "Company") advises changes to Director's Interests as disclosed in the attached Appendix 3Y for Mr Thomas.
This announcement has been authorised for issue by Mr Mark Pitts, Company Secretary, Hammer Metals Limited.
For further information please contact:
Daniel Thomas
Managing Director
T +61 8 6369 1195
- info@hammermetals.com.au
- END -
About Hammer Metals
Hammer Metals Limited (ASX: HMX) holds a strategic tenement position covering approximately 2,200km2 within the Mount Isa mining district, with 100% interests in the Kalman (Cu-Au-Mo-Re) deposit, the Overlander North and Overlander South (Cu-Co) deposits and the Elaine (Cu-Au) deposit. Hammer also has a 51% interest in the emerging Jubilee (Cu-Au) deposit. Hammer is an active mineral explorer, focused on discovering large copper- gold deposits of Ernest Henry style and has a range of prospective targets at various stages of testing.
Hammer also has a 100% interest in the Bronzewing South Gold Project located adjacent to the 2.3 million-ounce Bronzewing gold deposit in the highly endowed Yandal Belt of Western Australia.
info@hammermetals.com.au
Unit 1, 28-30 Mayfair Street, West Perth, WA 6005
Appendix 3Y Change of Director's Interest Notice
Appendix 3Y
Rule 3.19A.2
For personal use only
Change of Director's Interest Notice
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 30/09/01 Amended 01/01/11
Name of entity | HAMMER METALS LTD |
ABN | 87 095 092 158 |
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.
Name of Director | Daniel Thomas |
Date of last notice | 9 November 2021 |
Part 1 - Change of director's relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Direct or indirect interest | Direct and Indirect |
Nature of indirect interest | Mr Thomas is the spouse of the registered holder, Laura |
(including registered holder) | Thomas |
Note: Provide details of the circumstances giving rise to the | |
relevant interest. | |
Date of change | 21 December 2021 |
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 1
For personal use only
Appendix 3Y
Change of Director's Interest Notice
No. of securities held prior to change | Direct |
Ordinary Shares | |
1,000,000 Ordinary Shares | |
Indirect - Laura Thomas | |
Ordinary Shares | |
1,500,000 Ordinary Shares | |
Unlisted options: | |
3,000,000 Unlisted options over ordinary shares | |
exercisable at $0.05 on or before 21 October 2023, vesting | |
on 21 October 2020. | |
4,000,000 Unlisted options over ordinary shares | |
exercisable at $0.06 on or before 21 October 2023, vesting | |
on 21 October 2021. | |
Performance Rights | |
750,000 Performance rights vesting on 21 October 2021 | |
750,000 Performance rights vesting on 21 October 2021, | |
subject to a share price hurdle of $0.036 for a minimum of | |
30 days | |
5,000,000 Performance rights vesting on the satisfactory | |
completion of a transaction in accordance with terms | |
outlined in the Company's Notice of Annual General | |
Meeting dated 8 October 2019. |
+ See chapter 19 for defined terms.
Appendix 3Y Page 2 | 01/01/2011 |
Appendix 3Y | ||||
Change of Director's Interest Notice | ||||
Class | a) Ordinary Shares | |||
only | b) Performance rights vesting on 21 October 2021 | |||
c) Performance rights vesting on 21 October 2021, subject | ||||
to a share price hurdle of $0.036 for a minimum of 30 days | ||||
d) Performance rights, expiring 21 December 2025, vesting | ||||
upon the Company announcing a new JORC 2012 | ||||
compliant mineral resource estimate of 50,000 tonnes Cu | ||||
or equivalent KPI at the sole discretion of the Board | ||||
use | e) Performance rights, expiring 21 December 2025, vesting | |||
upon the Company announcing a new JORC 2012 | ||||
compliant mineral resource estimate of 100,000 tonnes Cu | ||||
or equivalent KPI at the sole discretion of the Board | ||||
f) Performance rights, expiring 21 December 2025, vesting | ||||
upon the Company announcing a new JORC 2012 | ||||
personalFor | compliant mineral resource estimate of 200,000 tonnes | |||
Cu or equivalent KPI at the sole discretion of the Board | ||||
Number acquired | a) 1,500,000 | |||
d) 1,000,000 | ||||
e) 1,000,000 | ||||
f) 1,000,000 | ||||
Number disposed | b) 750,000 | |||
c) 750,000 | ||||
Value/Consideration | a) Nil - received upon the exercise of performance rights | |||
Note: If consideration is non-cash, provide details and estimated | b & c) Nil - performance rights exercised into ordinary | |||
valuation | ||||
d, e & f) Nil - Long term incentive to Managing Director | ||||
- See chapter 19 for defined terms. 01/01/2011 Appendix 3Y Page 3
For personal use only
Appendix 3Y
Change of Director's Interest Notice
No. of securities held after change | Direct |
Ordinary Shares | |
1,000,000 Ordinary Shares | |
Indirect - Laura Thomas | |
Ordinary Shares | |
3,000,000 Ordinary Shares | |
Unlisted options: | |
3,000,000 Unlisted options over ordinary shares | |
exercisable at $0.05 on or before 21 October 2023, vesting | |
on 21 October 2020. | |
4,000,000 Unlisted options over ordinary shares | |
exercisable at $0.06 on or before 21 October 2023, vesting | |
on 21 October 2021. | |
Performance Rights | |
5,000,000 Performance rights vesting on the satisfactory | |
completion of a transaction in accordance with terms | |
outlined in the Company's Notice of Annual General | |
Meeting dated 8 October 2019. | |
1,000,000 Performance rights, expiring 21 December 2025, | |
vesting upon the Company announcing a new JORC 2012 | |
compliant mineral resource estimate of 50,000 tonnes Cu | |
or equivalent KPI at the sole discretion of the Board | |
1,000,000 Performance rights, expiring 21 December 2025, | |
vesting upon the Company announcing a new JORC 2012 | |
compliant mineral resource estimate of 100,000 tonnes Cu | |
or equivalent KPI at the sole discretion of the Board | |
1,000,000 Performance rights, expiring 21 December 2025, | |
vesting upon the Company announcing a new JORC 2012 | |
compliant mineral resource estimate of 200,000 tonnes | |
Cu or equivalent KPI at the sole discretion of the Board | |
Nature of change | a) Received upon the exercise of performance rights |
Example: on-market trade, off-market trade, exercise of options, | b & c) Performance rights exercised |
issue of securities under dividend reinvestment plan, participation | d, e & f) Long term incentive to Managing Director as |
in buy-back | |
approved by shareholders at the Company's 2021 Annual | |
General Meeting | |
Part 2 - Change of director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
+ See chapter 19 for defined terms.
Appendix 3Y Page 4 | 01/01/2011 |
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Hammer Metals Limited published this content on 28 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 December 2021 21:16:10 UTC.