Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Announcement Summary | |||
only | Entity name | ||
VANADIUM RESOURCES LIMITED | |||
Date of this announcement | |||
Wednesday February 02, 2022 | |||
The +securities the subject of this notification are: | |||
Other | |||
use | Total number of +securities to be issued/transferred | ||
ASX +security | |||
code | Security description | ||
New class - code | Unlisted Options | ||
to be confirmed | |||
personalFor | Refer to next page for full details of the announcement | ||
Total number of +securities to be
issued/transferred Issue date
5,000,000 02/02/2022
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
VANADIUM RESOURCES LIMITED
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 | Registered number type | Registration number |
ABN | 47618307887 | |
1.3 | ASX issuer code | |
VR8 |
- The announcement is New announcement
- Date of this announcement
2/2/2022
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 2 - Issue details
For personal use only
2.1 The +securities the subject of this notification are: Other
Please specify
Issue of unquoted options to Corporate Advisor in consideration for services
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
does not have an existing ASX security code ("new class")
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B
only | New +securities | |||
ASX +security code | +Security description | |||
New class - code to be confirmed | Unlisted Options | |||
+Security type | ISIN code | |||
Options | ||||
use | Date the +securities the subject of this notification were issued | |||
2/2/2022 | ||||
Will all the +securities issued in this class rank equally in all respects from their issue date? | ||||
personal | Yes | |||
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under | ||||
listing rule 6.1? | ||||
No | ||||
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being | ||||
issued. | ||||
Options Details | ||||
+Security currency | Exercise price | Expiry date | ||
AUD - Australian Dollar | AUD 0.10000000 | 2/2/2024 | ||
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | ||||
company option | ||||
For | Other | |||
Description
VR8: Ordinary Fully Paid
Any other information the entity wishes to provide about the +securities the subject of this notification
Part consideration for corporate advisory services, refer to Company announcement released 2 February 2022.
5 million options, with a 2 year expiry and subject to the Company achieving a share price of $0.15 on a 15 day VWAP during the first 9 months from issue date.
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to
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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities
the market in an Appendix 3B
N/A
Issue details
For personal use only
Number of +securities
5,000,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Part consideration for corporate advisory services, refer to Company announcement released 2 February 2022
Purpose of the issue
To pay for services rendered
Additional Details
N/A
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Vanadium Resources Ltd. published this content on 01 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 February 2022 21:37:27 UTC.