Proposed issue of securitiesAnnouncement Summary
Entity name
For personal use only
GASCOYNE RESOURCES LIMITED
Announcement Type
New announcement
Date of this announcement 28/3/2022
The Proposed issue is:
An offer of securities under a securities purchase plan
Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan
+Record date 25/3/2022
Offer closing date 19/4/2022
+Issue date 26/4/2022
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
GASCOYNE 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 ACN
Registration Number 139522900
1.3 ASX issuer code GCY
1.4 The announcement isNew announcement
1.5 Date of this announcement 28/3/2022
1.6 The Proposed issue is:
An offer of +securities under a +securities purchase plan
Proposed issue of securities
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Proposed issue of securities
Part 4 - Details of proposed offer under securities purchase plan
For personal use only
Part 4A - Conditions
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
For personal use only
ASX +security code and description
GCY : ORDINARY FULLY PAID
Will the proposed issue of this +security include an offer of attaching +securities?
No
Details of +securities proposed to be issued
ASX +security code and description
GCY : ORDINARY FULLY PAID
Maximum total number of those +securities that could be issued if all offers under the +securities purchase plan are accepted
13,333,333
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 ($)
Please enter the minimum acceptance value $ 1,000
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
Proposed issue of securities
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Proposed issue of securities
Describe all the applicable parcels available for this offer in number of securities or dollar value Application parcels as follows: $1,000, $2,500, $5,000, $7,500, $10,000, $12,500, $15,000, $20,000, $25,000 or $30,000
Offer price details
Has the offer price been determined?
For personal use only
Yes
In what currency will the offer | What is the offer price per |
be made? | +security? |
AUD - Australian Dollar | AUD 0.30000 |
Oversubscription & Scale back details
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
The Company (in its absolute discretion) reserves the right to scale back applications under the Offer to the extent and manner that it sees fit.
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
28/3/2022
4C.2 +Record date
25/3/2022
4C.3 Date on which offer documents will be made available to investors 1/4/2022
4C.4 Offer open date 1/4/2022
4C.5 Offer closing date 19/4/2022
4C.7 +Issue date and last day for entity to announce results of +security purchase plan offer 26/4/2022
Proposed issue of securities
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Gascoyne Resources Ltd. published this content on 27 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 March 2022 23:20:02 UTC.