Ark Mines : Amended Appendix 3B

For personal use only

This appendix is available as an online form
Only use this form if the online version is not available	+Rule 3.10.3

Appendix 3B

Proposed issue of +securities

Information and documents given to ASX become ASX's property and may be made public.

If you are an entity incorporated outside Australia and you are proposing to issue a new class of +securities other than CDIs, you will need to obtain and provide an International Securities Identification Number (ISIN) for that class. For offers where the +securities proposed to be issued are in an existing class of security, and the event timetable includes rights (or entitlement for non- renounceable issues), and deferred settlement trading or a representation of such, ASX requires the issuer to advise ASX of the ISIN code for the rights (or entitlement), and deferred settlement trading. This code will be different to the existing class. If the securities do not rank equally with the existing class, the same ISIN code will be used for that security to continue to be quoted while it does not rank.

Further information on the requirement for the notification of an ISIN is available from the Create Online Forms page. ASX is unable to create the new ISIN for non-Australian issuers.

*Denotes minimum information required for first lodgement of this form, with exceptions provided in specific notes for certain questions. The balance of the information, where applicable, must be provided as soon as reasonably practicable by the entity.

+ See chapter 19 for defined terms
5 June 2021	Page 1

For personal use only

This appendix is available as an online form	Appendix 3B
			Proposed issue of +securities
Part 1 - Entity and announcement details
	Question	Question	Answer
	no
	1.1	*Name of entity	Ark Mines Limited
		We (the entity here named)
		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	*Registration type and number	ACN 123668717
		Please supply your ABN, ARSN,
		ARBN, ACN or another registration
		type and number (if you supply
		another registration type, please
		specify both the type of registration
		and the registration number).
	1.3	*ASX issuer code	AHK
	1.4	*This announcement is	☐ A new announcement
		Tick whichever is applicable.	☒ An update/amendment to a previous announcement
			☐ A cancellation of a previous announcement
	1.4a	*Reason for update	Amended share number to reflect actual number of
		Answer this question if your response	shares issued on close of offer.
		to Q 1.4 is "An update/amendment to
		previous announcement". A reason
		must be provided for an update.

+ See chapter 19 for defined terms
5 June 2021	Page 2

	This appendix is available as an online form	Appendix 3B
					Proposed issue of +securities
		1.4b	*Date of previous	25 August 2021
			announcement(s) to this
			update
only			Answer this question if your response
		to Q 1.4 is "An update/amendment to
		previous announcement".
		1.4c	*Reason for cancellation
			Answer this question if your response
			to Q 1.4 is "A cancellation of previous
			announcement".
		1.4d	*Date of previous
			announcement(s) to this
			cancellation
use			Answer this question if your response
		to Q 1.4 is "A cancellation of previous
		announcement".
		1.5	*Date of this announcement	22 December 2021
		1.6	*The proposed issue is:	☐ A +bonus issue (complete Parts 2 and 8)
			Note: You can select more than one	☐ A standard +pro rata issue (non-renounceable or
			type of issue (e.g. an offer of
				renounceable) (complete Q1.6a and Parts 3 and 8)
			securities under a securities purchase
			plan and a placement, however ASX	☐ An accelerated offer (complete Q1.6b and Parts 3 and 8)
			may restrict certain events from being
personal
		announced concurrently). Please	☐ An offer of +securities under a +securities purchase
		contact your ASX listings compliance		plan (complete Parts 4 and 8)
			adviser if you are unsure.
				☒ A non-+pro rata offer of +securities under a
					+disclosure document or +PDS (complete Parts 5 and 8)
				☐ A non-+pro rata offer to wholesale investors under an
					information memorandum (complete Parts 6 and 8)
				☐ A placement or other type of issue (complete Parts 7 and
					8)
		1.6a	*The proposed standard +pro	☐ Non-renounceable
			rata issue is:	☐ Renounceable
			Answer this question if your response
			to Q1.6 is "A standard pro rata issue
			(non-renounceable or renounceable)."
			Select one item from the list
			An issuer whose securities are
			currently suspended from trading
			cannot proceed with an entitlement
			offer that allows rights trading. If your
			securities are currently suspended,
For			please consult your ASX listings
		compliance adviser before proceeding
		further.
	1.6b	*The proposed accelerated	☐ Accelerated non-renounceable entitlement offer
		offer is:		(commonly known as a JUMBO or ANREO)
		Answer this question if your response	☐ Accelerated renounceable entitlement offer
		to Q1.6 is "An accelerated offer"
			(commonly known as an AREO)
		Select one item from the list
		☐ Simultaneous accelerated renounceable entitlement
		An issuer whose securities are
			currently suspended from trading		offer (commonly known as a SAREO)
			cannot proceed with an entitlement	☐ Accelerated renounceable entitlement offer with dual
			offer that allows rights trading. If your
			securities are currently suspended,		book-build structure (commonly known as a
			please consult your ASX listings		RAPIDS)
			compliance adviser before proceeding
			☐ Accelerated renounceable entitlement offer with retail
			further.
					rights trading (commonly known as a PAITREO)

+ See chapter 19 for defined terms
5 June 2021	Page 3

For personal use only

This appendix is available as an online form	Appendix 3B
	Proposed issue of +securities

Part 5 - Details of proposed non-pro rata offer under a +disclosure document or +PDS

If your response to Q1.6 is "A non-pro rata offer of securities under a disclosure document or PDS", please complete Parts 5A - 5F and the details of the securities proposed to be issued in Part 8.

Part 5A - Proposed non-pro rata offer under a +disclosure document or +PDS - conditions

Question	Question			Answer
No.
5A.1	*Do any external approvals need to be		Yes
	obtained or other conditions satisfied before
	the non-pro rata offer of +securities under a
	+disclosure document or + PDS can
	proceed on an unconditional basis?
	For example, this could include:
	•	+Security holder approval
	•	Court approval
	•	Lodgement of court order with +ASIC
	•	ACCC approval
	•	FIRB approval
	Disregard any approvals that have already been
	obtained or conditions that have already been satisfied.
5A.1a	Conditions
	Answer these questions if your response to 5A.1 is "Yes".
*Approval/ condition	*Date for	*Is the date		**Approval received/	Comments
Type			determination	estimated or		condition met?
Select the applicable	The 'date for	actual?		Please respond "Yes" or
approval/condition		determination' is the			"No". Only answer this
from the list (ignore	date that you expect to			question when you know
those that are not		know if the approval is			the outcome of the
applicable). More than	given or condition is			approval.
one approval/condition	satisfied (for example,
can be selected.		the date of the security
			holder meeting in the
			case of security holder
			approval or the date of
			the court hearing in the
			case of court approval).
+Security holder		24 September 2021	Actual		Yes
approval
Court approval
Lodgement of court
order with +ASIC
ACCC approval
FIRB approval
Other (please specify
in comment section)

+ See chapter 19 for defined terms
5 June 2021	Page 27

This appendix is available as an online form	Appendix 3B
	Proposed issue of +securities

Part 5B - Proposed non-pro rata offer under a +disclosure document or +PDS - offer details

only	Question	Question	Answer
No.
5B.1	*Class of +securities to be offered under the	AHK: ORDINARY FULLY PAID
	+disclosure document or +PDS (please
	enter both the ASX security code &
	description)
5B.2	*The number of +securities to be offered	23,513,500
	under the +disclosure document or +PDS
	If the number of securities proposed to be issued is
use		based on a formula linked to a variable (for example,
	VWAP or an exchange rate or interest rate), include the
	number of securities based on the variable as at the
		date the Appendix 3B is lodged with ASX and add a
		note in the "Any other information the entity wishes to
		provide about the proposed offer" field at the end of this
		form making it clear that this number is based on the
		variable as at the date of the Appendix 3B and that it
		may change.
	5B.3	*Will the offer be conditional on applications	Yes
personal		for a minimum number of +securities being
	received or a minimum amount being raised
	(i.e. a minimum subscription condition)?
	5B.3a	*Describe the minimum subscription	22,500,000
		condition
		Answer this question if your response to Q5B.3 is
		"Yes".
	5B.4	*Will the entity be entitled to accept over-	No
		subscriptions?
	5B.4a	*Provide details of the number or value of	NA
		over-subscriptions that the entity may
		accept
		Answer this question if your response to Q5B.4 is
		"Yes".
	5B.5	*Will individual investors be required to	Yes
		accept the offer for a minimum number or
		value of +securities (i.e. a minimum
		acceptance condition)?
For	5B.5a	*Describe the minimum acceptance	$2,000
	condition
	Answer this question if your response to Q5B.5 is
		"Yes".
	5B.6	*Will individual investors be limited to	No
		accepting the offer for a maximum number
		or value of +securities (i.e. a maximum
		acceptance condition)?
	5B.6a	*Describe the maximum acceptance	NA
		condition
		Answer this question if your response to Q5B.6 is
		"Yes".
	5B.7	*Will a scale back be applied if the offer is	Yes.
		over-subscribed?

+ See chapter 19 for defined terms
5 June 2021	Page 28