Ark Mines : Notification regarding unquoted securities - AHK

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

For personal use only

Entity name

ARK MINES LIMITED

Date of this announcement

Wednesday December 22, 2021

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Options over FPO shares exercisable @$0.20 and	14,972,500	17/12/2021
to be confirmed	expiring 17 December 2023

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

ARK MINES LIMITED

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2	Registered number type	Registration number
ACN	123668717
1.3	ASX issuer code
AHK

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

22/12/2021

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

A new class of options as advised on ASX Appendix 3B lodged 25 August 2021

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX

in an Appendix 3B

For personal use only

New +securities
ASX +security code		+Security description
New class - code to be confirmed		Options over FPO shares exercisable @$0.20 and expiring
		17 December 2023
+Security type		ISIN code
Other

Date the +securities the subject of this notification were issued

17/12/2021

Will all the +securities issued in this class rank equally in all respects from their issue date? Yes

Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.

https://www.asx.com.au/asxpdf/20210825/pdf/44zqcr9crlwd26.pdf

Notice of Meeting - Explanatory Memorandum Note 7.

Any other information the entity wishes to provide about the +securities the subject of this notification

Free attaching options attaching to 7,486,250 FPO shares issued today on a 2 for 1 basis.

The options will convert to FPO shares on exercise.

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

4,022,500 options subject to 24 months escrow from date of quotation (issued to directors following shareholder approval of resolutions 10 to 14 at the Company's GM held 24 September 2021).

10,200,000 options subject to 12 months escrow from date of issue.

Notification of Issue, Conversion or Payment up of Unquoted

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Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Issue details

For personal use only

Number of +securities

14,972,500

Were the +securities issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Free attaching options attaching to 7,486,250 FPO shares issued today on a 2 for 1 basis.

Purpose of the issue

To raise additional working capital

Notification of Issue, Conversion or Payment up of Unquoted

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