Aurumin : Proposed issue of securities - AUN

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

AURUMIN LIMITED

Announcement Type

New announcement

Date of this announcement

17/1/2022

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
AUN	ORDINARY FULLY PAID	24,810,106
Ex date
20/1/2022
+Record date
21/1/2022
Offer closing date
10/2/2022

Issue date

17/2/2022

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

AURUMIN 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
ACN	639427099
1.3	ASX issuer code
AUN

1. The announcement is New announcement
2. Date of this announcement

17/1/2022

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is: + Non-renounceable

Proposed issue of securities

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Proposed issue of securities

Part 3 - Details of proposed entitlement offer issue

only
	Part 3A - Conditions
		3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can
		proceed on an unconditional basis?
use	No
	Part 3B - Offer details
		Class or classes of +securities that will participate in the proposed issue and class or classes of +securities
personal	proposed to be issued
ASX +security code and description
		AUN : ORDINARY FULLY PAID
		Is the proposed security a 'New	Will the proposed issue of this	If the entity has quoted company
		class' (+securities in a class that is	+security include an offer of	options, do the terms entitle option
		not yet quoted or recorded by ASX)	attaching +securities?	holders to participate on exercise?
		or an 'Existing class' (additional	No	No
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	D tails of +securities proposed to be issued
		ASX +security code and description
		AUN : ORDINARY FULLY PAID
For	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the entitlement or right to participate in a non-renounceable

issue (if Issuer is foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)

The quantity of additional +securities to be issued

For a given quantity of +securities held

1	4
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Proposed issue of securities

What will be done with fractional entitlements?

Maximum number of +securities proposed to be issued (subject to rounding)

only		Fractions rounded up to the next	24,810,106
	whole number
	Offer price details for retail security holders
			In what currency will the offer be	What is the offer price per +security
			made?	for the retail offer?
			AUD - Australian Dollar	AUD 0.20000
use		Oversubscription & Scale back details
personal		Will individual +security holders be permitted to apply for more than their
	entitlement (i.e. to over-subscribe)?
	Yes
			Describe the limits on over-subscription
			Shares will only be issued pursuant to the Top Up Offer if the Entitlement Offer is undersubscribed and will only be issued
			to the extent necessary to make up any shortfall in subscriptions.
			Will a scale back be applied if the offer is over-subscribed?
			Yes
			Describe the scale back arrangements
			Directors reserve the right to issue to an Applicant a lesser number of Shares pursuant to the Top Up Offer than the
			number for which the Applicant applies, or to reject an Application, or to not proceed with the Top Up Offer
			Will these +securities rank equally in all respects from their issue date with
			the existing issued +securities in that class?
			Yes
For
	Part 3C - Timetable
		3C.1 +Record date
		21/1/2022
		3C.2 Ex date
		20/1/2022
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Proposed issue of securities

3C.4 Record date 21/1/2022

3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue

27/1/2022

only	3C.6 Offer closing date
		10/2/2022
		3C.7 Last day to extend the offer closing date
		7/2/2022
use	3C.9 Trading in new +securities commences on a deferred settlement basis
11/2/2022
3C.11 +Issue date and last day for entity to announce results of +pro rata
issue
17/2/2022
3C.12 Date trading starts on a normal T+2 basis
personal	18/2/2022
3C.13 First settlement date of trades conducted on a +deferred settlement
		basis and on a normal T+2 basis
		22/2/2022
	Part 3E - Fees and expenses
		3E.1 Will there be a lead manager or broker to the proposed offer?
		No
		3E.2 Is the proposed offer to be underwritten?
		Yes
		3E.2a Who are the underwriter(s)?
For
Lazarus Corporate Finance Pty Ltd
3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)?
		The Entitlement Offer is partially underwritten by Lazarus Corporate Finance Pty Ltd (Lazarus) for up to 10,000,000
		shares equating to $2,000,000 (before costs).
		3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)?

1. an underwriting fee of 6% of the Underwritten Amount, with all third party selling and/or sub-underwriting fees to be paid by the Underwriter from this fee;
2. a selling fee of 6% of the gross proceeds received from the sale of all of the Remaining Shortfall Shares placed by

Proposed issue of securities

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