Liontown Resources : Proposed issue of securities - LTR

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

LIONTOWN RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

1/12/2021

The Proposed issue is:

An offer of securities under a securities purchase plan

A placement or other type of issue

Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
LTR	ORDINARY FULLY PAID	24,242,425
+Record date
30/11/2021
Offer closing date
14/1/2022
+Issue date
21/1/2022

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
LTR	ORDINARY FULLY PAID	272,727,273
Proposed +issue date
7/12/2021

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

LIONTOWN RESOURCES 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	39118153825
1.3	ASX issuer code
LTR

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

1/12/2021

1.6 The Proposed issue is:

An offer of +securities under a +securities purchase plan

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 4 - Details of proposed offer under securities purchase plan

Part 4A - Conditions

For personal use only

4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis?

No

Proposed issue of securities

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Proposed issue of securities

Part 4B - Offer details

Class or classes of +securities that will participate in the proposed issue and class or classes of +securities proposed to be issued

only	ASX +security code and description
		LTR : ORDINARY FULLY PAID
		Will the proposed issue of this
		+security include an offer of
		attaching +securities?
use	No
	D tails of +securities proposed to be issued
		ASX +security code and description
		LTR : ORDINARY FULLY PAID
		Maximum total number of those +securities that could be issued
		if all offers under the +securities purchase plan are accepted
personal	24,242,425
Will the offer be conditional on applications for a minimum
		number of +securities being received or a minimum amount
		being raised (i.e. a minimum subscription condition)?
		No
		Will the offer be conditional on applications for a maximum
		number of +securities being received or a maximum amount
		being raised (i.e. a maximum subscription condition)?
		No
		Will individual security holders be required to accept the offer for
		a minimum number or value of +securities (i.e. a minimum
		acceptance condition)?
		Yes
		Is the minimum acceptance unit based or dollar based?
		Dollar based ($)
For	Please enter the minimum acceptance value
$ 2,000
		Will individual security holders be limited to accepting the offer
		for a maximum number or value of +securities (i.e. a maximum
		acceptance condition)?
		Yes
		Is the maximum acceptance unit based or dollar based?
		Dollar based ($)
		Please enter the maximum acceptance value
		$ 30,000
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Proposed issue of securities

Describe all the applicable parcels available for this offer in number of securities or dollar value

$2,000, $5,000, $10,000, $15,000, $20,000 or $30,000.

		Offer price details
only	Has the offer price been determined?
Yes
In what currency will the offer	What is the offer price per
		be made?	+security?
		AUD - Australian Dollar	AUD 1.65000
		Oversubscription & Scale back details
use	Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
If there is a scale-back, each applicant will be scaled-backpro-rata based on the number of Shares for
which they have applied (subject to any minimum dollar allocation determined by Liontown at its
absolute discretion). At its discretion, the Company may take into account a number of factors, including
the size of an applicants shareholding, the extent to which Eligible Shareholders have sold or bought
additional shares after the Record Date and the date an application was made.
personal
Will these +securities rank equally in all respects from their issue date with the existing issued
		+securities in that class?
		Yes
	Part 4C - Timetable
		4C.1 Date of announcement of +security purchase plan
		1/12/2021
		4C.2 +Record date
For	30/11/2021
4C.3 Date on which offer documents will be made available to investors
		10/12/2021
		4C.4 Offer open date
		10/12/2021
		4C.5 Offer closing date
		14/1/2022
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