Proposed issue of securitiesAnnouncement Summary
Entity name
For personal use only
MARQUEE RESOURCES LIMITED
Announcement Type
New announcement
Date of this announcement 6/4/2022
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
Proposed +issue date 13/4/2022
Refer to next page for full details of the announcementProposed issue of securities
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Proposed issue of securities
Part 1 - Entity and announcement details
1.1 Name of +Entity
MARQUEE RESOURCES LIMITED
For personal use only
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 ABN
Registration Number 94616200312
1.3 ASX issuer code MQR
1.4 The announcement isNew announcement
1.5 Date of this announcement 6/4/2022
1.6 The Proposed issue is:
A placement or other type of issue
Proposed issue of securities
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Proposed issue of securitiesPart 7 - Details of proposed placement or other issue
For personal use 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?
Yes
7A.1a Conditions
Approval/Condition +Security holder approval
Date for determination 20/5/2022
Is the date estimated or actual?
Estimated
** Approval received/condition met?
No
Comments
Security Holder approval only required for issue of options to Lead ManagerPart 7B - Issue details
Is the proposed 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)?
Existing class
Details of +securities proposed to be issued
ASX +security code and description
MQR : ORDINARY FULLY PAID
Will the proposed issue of this +security include an offer of attaching +securities?
No
Number of +securities proposed to be issued
54,338,143
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
Yes
Proposed issue of securities
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Proposed issue of securities
In what currency is the cash consideration being paid?
What is the issue price per +security?
AUD - Australian Dollar
AUD 0.10500
For personal use only
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Is the proposed 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)?
Will the proposed issue of this +security include an offer of attaching +securities?
No
Existing class
Details of +securities proposed to be issued
ASX +security code and description
MQRAF : OPTION EXPIRING 30-JUN-2023 EX $0.16
Number of +securities proposed to be issued
10,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Options issued to Lead manager as part consideration for Capital Raising services
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 386,847.000000
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
Part 7C - Timetable
7C.1 Proposed +issue date
13/4/2022
For personal use only
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
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?
32,502,883 MQR shares
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)?
Yes
7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A?
21,835,260 MQR shares
7D.1c ( ii ) Please explain why the entity has chosen to do a placement rather than a +pro rata issue or an offer under a +security purchase plan in which existing ordinary +security holders would have been eligible to participate
Timeliness and efficiency
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
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
No
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the proposed issue?
Yes
7E.1a Who is the lead manager/broker?
GTT Ventures Pty Ltd
Proposed issue of securities
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Marquee Resources Ltd. published this content on 06 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 April 2022 00:21:07 UTC.