Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12
Name of entity |
Draig Resources Limited |
ABN |
99 110 439 686 |
We (the entity) give ASX the following information.
You must complete the relevant sections (attach sheets if there is not enough space).
1 | +Class of+securities issued or to be issued |
|
2 | Number of +securities issued or to be issued (if known) or maximum number which may be issued | (1) Up to 30,523,954 (2) 10,000,000 |
3 | Principal terms of the +securities (eg, if options, exercise price and expiry date; if partly paid+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion) | (1) & (2) fully paid ordinary shares (3) options with exercise price of $0.035, and expiry date of 31 December 2017. The issue of options will be subject to shareholder approval. |
4 | Do the +securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities? If the additional securities do not rank equally, please state:
|
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5 | Issue price or consideration |
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6 | Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets) | (1) To fund working capital and to assist in the identification of and securing a new project ' (2) to be issued to advisors and consultants who will assist the company in the identification of and securing a new project. The issue of options is subject to shareholder approval |
6a | Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b - 6hin relation to the +securities the subject of this Appendix 3B, and comply with section 6i | N/A |
6b | The date the security holder resolution under rule 7.1A was passed | N/A |
6c | Number of +securities issued without security holder approval under rule 7.1 | N/A |
6d | Number of +securities issued with security holder approval under rule 7.1A | N/A |
6e | Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting) | Nil |
6f | Number of securities issued under an exception in rule 7.2 | Up to 30,523,954 |
6g | If securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the issue date and both values. Include the source of the VWAP calculation. | N/A |
6h | If securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements | |
6i | Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements | Capacity under rule 7.1 - 14 securities See Appendix 1 |
7 | +Issue dates Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A. Cross reference: item 33 of Appendix 3B. |
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Number | +Class |
76,309,883* *This does not include rights issue shares which may be issued up to 30,523,954 | ordinary shares |
Number and +class of all
+securities quoted on ASX (including the securities in section 2 if applicable)
Number
+Class
1,650,000
1,650,000
5c options exercisable before 26 November
2017
7.5c options
exercisable before 26
November 2017
Number and +class of all
+securities not quoted on ASX (including the securities in section 2 if applicable)
The Shares issued rank pari passu with all other Shares with respect to dividend policy.
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
11 | Is security holder approval required? | No |
12 | Is the issue renounceable or non- renounceable? | Non-renounceable |
13 | Ratio in which the +securities will be offered | (1) Two shares for every five held |
14 | +Class of+securities to which the offer relates | (1) Fully paid ordinary shares |
15 | +Record date to determine entitlements | 19 January 2016 |
16 | Will holdings on different registers (or subregisters) be aggregated for calculating entitlements? | No |
17 | Policy for deciding entitlements in relation to fractions | fractional entitlements will be disregarded |