Announcement Summary
Entity name
MINBOS RESOURCES LIMITED
Announcement Type
New announcement
Date of this announcement Friday February 26, 2021
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 issueASX +security code
+Security descriptionMaximum Number of
+securities to be issued
MNBProposed +issue date Wednesday March 31, 2021
ORDINARY FULLY PAID
Refer to next page for full details of the announcement
3,125,000
Part 1 - Entity and announcement details
1.1 Name of +Entity
MINBOS 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.
1.2 Registered Number Type ACN
1.3 ASX issuer code MNB
1.4 The announcement isNew announcement
1.5 Date of this announcement Friday February 26, 2021
1.6 The Proposed issue is:
A placement or other type of issue
Registration Number 141175493
Part 7 - Details of proposed placement or other issuePart 7A - Conditions
7A.1 - Are any of the following approvals required for the placement or other type of issue?+Security holder approval
Court approval
Lodgement of court order with +ASICACCC approval
FIRB approval
Another approval/condition external to the entity
Yes
7A.1a Conditions
Approval/Condition +Security holder approvalDate for determination Wednesday March 31, 2021
Is the date estimated or actual?
Estimated
** Approval received/condition met?
No
Comments
Adviser Shares are subject to shareholder approval.
Part 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
MNB : ORDINARY FULLY PAID
Will the proposed issue of this +security include an offer of attaching +securities?
No
Number of +securities proposed to be issued
3,125,000
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
In lieu of cash payable to service to be provided in consideration for marketing services provided.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Part 7C - Timetable
7C.1 Proposed +issue date
Wednesday March 31, 2021
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?
Yes
7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1
Wednesday March 31, 2021
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?
No
7E.2 Is the proposed issue to be underwritten?
No
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Disclaimer
Minbos Resources Limited published this content on 26 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2021 08:48:03 UTC.