Argenica Therapeutics : Proposed issue of securities - AGN

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

ARGENICA THERAPEUTICS LIMITED

Announcement Type

New announcement

Date of this announcement

3/6/2022

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

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
New class-code to be	OPTION EXPIRING 10-JUN-2024 EX $0.65	600,000
confirmed
AGN	ORDINARY FULLY PAID	13,750,000

Proposed +issue date

10/6/2022

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

ARGENICA THERAPEUTICS 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
ACN	637578753
1.3	ASX issuer code
AGN

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

3/6/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

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?
use	No
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
personal	or an 'Existing class' (additional	No
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		AGN : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		13,750,000
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	Yes
In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.40000

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

		Is the proposed security a 'New		Will the proposed issue of this
		class' (+securities in a class that is		+security include an offer of
		not yet quoted or recorded by ASX)		attaching +securities?
		or an 'Existing class' (additional		No
only	securities in a class that is already
quoted or recorded by ASX)?
New class
	Details of +securities proposed to be issued
		ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
use	Have you received confirmation from		Will the entity be seeking quotation
ASX that the terms of the proposed		of the 'new' class of +securities on
		+securities are appropriate and		ASX?
		equitable under listing rule 6.1?		No
		No
		ASX +security code		+Security description
		New class-code to be confirmed		OPTION EXPIRING 10-JUN-2024 EX $0.65
personal
+Security type
Options
		Number of +securities proposed to be issued
		600,000
		Offer price details
		Are the +securities proposed to be issued being issued for a cash consideration?
		Yes
		In what currency is the cash		What is the issue price per
		consideration being paid?		+security?
		AUD - Australian Dollar		AUD 0.00001
		Will all the +securities issued in this class rank equally in all respects from
		their issue date?
		Yes
ForOptions details
		+Security currency		Exercise price	Expiry date
		AUD - Australian Dollar		AUD 0.6500	10/6/2022
	Proposed issue of securities	4 / 6

only

Proposed issue of securities

Details of the type of +security that will be issued if the option is exercised

AGN : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

One fully paid ordinary share (ASX:AGN)

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement.

Refer to announcement on 3 June 2022

	Part 7C - Timetable
use	7C.1 Proposed +issue date
		10/6/2022
	Part 7D - Listing Rule requirements
personal	7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's
		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?
		9,575,837 fully paid ordinary shares and 600,000 unlisted options
		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
For	additional 10% placement capacity under listing rule 7.1A?
4,174,163 fully paid ordinary 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
		Certainty of raising of the funds in a timely manner.
		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
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