Big River Gold : Consolidation/Split – BRV

Notification of Consolidation/Split

Announcement Summary

Entity name

BIG RIVER GOLD LTD

Applicable security for the reorganisation

BRV	ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Tuesday December 29, 2020

Reorganisation type

Security consolidation

Trading in the post consolidation or split +securities commences on a deferred settlement basis

Wednesday February 17, 2021

Record Date

Thursday February 18, 2021

Issue Date

Thursday February 25, 2021

Refer to below for full details of the announcement

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Notification of Consolidation/Split

Announcement Details

Part 1 - Entity and announcement details

1.1 Name of +Entity

BIG RIVER GOLD LTD

1.2	Registered Number Type	Registration Number
ABN	94106641963
1.3	ASX issuer code
BRV

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

Tuesday December 29, 2020

1.6 Securities affected by the consolidation or split

ASX +Security Code	ASX +Security Description
BRV	ORDINARY FULLY PAID

Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

Yes

2.2 Approvals

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Notification of Consolidation/Split

Approval/Condition	Date for determination	Is the date estimated or	Approval
+Security holder approval	Thursday January 28, 2021	actual?	received/condition met?
Actual
Comments

Part 3 - Consolidation or split timetable and details

3.1 +Record date

Thursday February 18, 2021

3.2 Date of +security holder meeting

Thursday January 28, 2021

3.2a Effective date of consolidation or split

Monday February 15, 2021

3.3 Last day for trading in the pre consolidation or split +securities

Tuesday February 16, 2021

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

Wednesday February 17, 2021

3.5 Record date

Thursday February 18, 2021

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

Friday February 19, 2021

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

Thursday February 25, 2021

3.8 Trading starts on a normal T+2 basis

Friday February 26, 2021

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

Tuesday March 2, 2021

Part 4 - Event type and details

4.1 The event is

+Security consolidation

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4.1a Consolidation ratio: the +securities will be consolidated on the basis that every

8

(pre-consolidation) +securities will be consolidated into

1

(post-consolidation) +security (/ies).

4.2 Scrip fraction rounding

Fractions rounded up to the next whole number

Part 5 - +Securities on issue before and after consolidation or split

5.1 +Securities on issue before and after the consolidation or split
ASX +Security Code	ASX +Security Description
BRV	ORDINARY FULLY PAID
Quoted/unquoted	Number on issue pre	Number on issue post	Estimate/Actual
Quoted	consolidation or split	consolidation or split	Estimated
	1,507,857,927	188,482,241

Part 6 - Further information

1. Further information relating to the consolidation or split
2. Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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