Cauldron Energy : Proposed issue of securities - CXU

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

CAULDRON ENERGY LIMITED

Announcement Type

New announcement

Date of this announcement

14/3/2022

The Proposed issue is:

A placement or other type of issue

Total number of +securities proposed to be issued for a placement or other type of issue

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	OPTION EXPIRING 15-MAR-2024 EX$0.034 (3.4C)	24,705,882
confirmed
CXU	ORDINARY FULLY PAID	44,117,647

Proposed +issue date

15/3/2022

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

CAULDRON ENERGY 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
ABN	22102912783
1.3	ASX issuer code
CXU

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

14/3/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

2 / 6

Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
use	No
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
personal	or an 'Existing class' (additional	Yes
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		CXU : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		44,117,647
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	Yes
In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.01700

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

Proposed issue of securities

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Proposed issue of securities

Attaching +Security

Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?

nlyo		Is the proposed security a 'New		Will the proposed issue of this
	class' (+securities in a class that is		+security include an offer of
	not yet quoted or recorded by ASX)		attaching +securities?
	or an 'Existing class' (additional		No
	securities in a class that is already
	quoted or recorded by ASX)?
	New class
use	tails of +securities proposed to be issued
	D
			ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
personal		Have you received confirmation from		Will the entity be seeking quotation
	ASX that the terms of the proposed		of the 'new' class of +securities on
	+securities are appropriate and		ASX?
			equitable under listing rule 6.1?		No
			Yes
			ASX +security code		+Security description
			New class-code to be confirmed		OPTION EXPIRING 15-MAR-2024 EX$0.034 (3.4C)
			+Security type
			Options
			Number of +securities proposed to be issued
		24,705,882
			Offer price details
			Are the +securities proposed to be issued being issued for a cash consideration?
For		No
	Please describe the consideration being provided for the +securities
			Securities are being issued as free attaching options on a 1:3 basis to applicants in the Placement
			Please provide an estimate of the AUD equivalent of the consideration being
			provided for the +securities
		0.0000001
			Will all the +securities issued in this class rank equally in all respects from
			their issue date?
			Yes
	Proposed issue of securities	4 / 6

Proposed issue of securities

Options details

use only

+Security currency	Exercise price	Expiry date
AUD - Australian Dollar	AUD 0.0340	15/3/2024

Details of the type of +security that will be issued if the option is exercised

CXU : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

24,705,882

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.

	Part 7C - Timetable
personal	7C.1 Proposed +issue date
		15/3/2022
	Part 7D - Listing Rule requirements
		7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
		No
		7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
		placement capacity under listing rule 7.1?
		Yes
For	7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
68,823,529
		7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
		additional 10% placement capacity under listing rule 7.1A (if applicable)?
		No
		7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
		No
		7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
		No
	Proposed issue of securities	5 / 6