Caeneus Minerals : Proposed issue of securities - CAD

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

CAENEUS MINERALS LTD

Announcement Type

New announcement

Date of this announcement 8/3/2022

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
CADOA	OPTION EXPIRING 31-DEC-2023	340,000,000
CAD	ORDINARY FULLY PAID	340,000,000

Proposed +issue date

14/3/2022

Refer to next page for full details of the announcement

Proposed issue of securities

1 / 6

Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

CAENEUS MINERALS LTD

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
ABN	42082593235
1.3	ASX issuer code
CAD

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

8/3/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

2 / 6

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	Yes
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
		CAD : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		340,000,000
		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 0.00500

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

3 / 6

Proposed issue of securities

Attaching +Security

Is the proposed attaching 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

only
	Attaching +Security - Existing class (additional +securities in a class that is already quoted or recorded by ASX)
			Details of attaching +securities proposed to be issued
			ASX +security code and description
use		CADOA : OPTION EXPIRING 31-DEC-2023
	Number of +securities proposed to be issued
		340,000,000
			Offer price details
			Are the +securities proposed to be issued being issued for a cash consideration?
personal		No
	Please describe the consideration being provided for the +securities
			attaching options
			Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		0.000001
			Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that
			class?
			Yes
	Pa t 7C - Timetable
For	7C.1 Proposed +issue date
		14/3/2022

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?

Proposed issue of securities

4 / 6

Proposed issue of securities

		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
only	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?
280,000,000 Fully Paid Ordinary Shares and 280,000,000 attaching 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)?
		No
		7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
use	Yes
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?
personal	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
		7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
		No material fees or costs to be incrurred in relation to the issue.
For

Pa t 7F - Further Information

7F.01 The purpose(s) for which the entity is issuing the securities

To fund exploration activities at Pardoo and Mallina Basin projects

7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No

Proposed issue of securities

5 / 6