Proposed issue of securities
Announcement Summary
For personal use only
Entity name
NELSON RESOURCES LIMITED.
Announcement Type
New announcement
Date of this announcement
24/1/2022
The Proposed issue is:
A standard pro rata issue (including non-renounceable or renounceable)
Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)
Maximum Number of | ||
ASX +security code | +Security description | +securities to be issued |
NES | ORDINARY FULLY PAID | 77,716,878 |
NESO | OPTION EXPIRING 17-AUG-2023 | 38,858,439 |
Ex date | ||
27/1/2022 | ||
+Record date | ||
28/1/2022 | ||
Offer closing date | ||
15/2/2022 | ||
Issue date | ||
18/2/2022 |
Refer to next page for full details of the announcement
Proposed issue of securities | 1 / 8 |
Proposed issue of securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of +Entity
NELSON 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.
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 | 127620482 | |
1.3 | ASX issuer code | |
NES |
- The announcement is New announcement
- Date of this announcement
24/1/2022
1.6 The Proposed issue is:
A standard +pro rata issue (non-renounceable or renounceable)
1.6a The proposed standard +pro rata issue is: + Renounceable
Proposed issue of securities | 2 / 8 |
Proposed issue of securities
Part 3 - Details of proposed entitlement offer issue
only | ||||
Part 3A - Conditions | ||||
3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can | ||||
proceed on an unconditional basis? | ||||
use | No | |||
Part 3B - Offer details | ||||
Class or classes of +securities that will participate in the proposed issue and class or classes of +securities | ||||
personal | proposed to be issued | |||
ASX +security code and description | ||||
NES : ORDINARY FULLY PAID | ||||
Is the proposed security a 'New | Will the proposed issue of this | If the entity has quoted company | ||
class' (+securities in a class that is | +security include an offer of | options, do the terms entitle option | ||
not yet quoted or recorded by ASX) | attaching +securities? | holders to participate on exercise? | ||
or an 'Existing class' (additional | Yes | Yes | ||
securities in a class that is already | ||||
quoted or recorded by ASX)? | ||||
Existing class | ||||
D tails of +securities proposed to be issued | ||||
ASX +security code and description | ||||
NES : ORDINARY FULLY PAID | ||||
For | ISIN Code (if Issuer is a foreign company and +securities are non CDIs) | |||
ISIN Code for the tradable rights created under a renounceable right issue | ||||
(if Issuer is foreign company and +securities are non CDIs)
Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)
The quantity of additional +securities to be issued
For a given quantity of +securities held
2 | 5 |
Proposed issue of securities | 3 / 8 |
Proposed issue of securities
What will be done with fractional entitlements?
Maximum number of +securities proposed to be issued (subject to rounding)
only | Fractions rounded down to the nearest | 77,716,878 |
whole number or fractions disregarded | ||
Offer price details for retail security holders | ||
In what currency will the offer be | What is the offer price per +security | |
made? | for the retail offer? | |
AUD - Australian Dollar | AUD 0.02500 | |
use | Oversubscription & Scale back details | |
personal | Will individual +security holders be permitted to apply for more than their | |
entitlement (i.e. to over-subscribe)? | ||
Yes | ||
Describe the limits on over-subscription | ||
Eligible Shareholders who take up their Entitlement in full may, in addition to their Entitlement, apply for Shortfall Shares, | ||
regardless of the size of their present holding by completing the Entitlement and Acceptance Form in accordance with the | ||
instructions set out on that form. | ||
Will a scale back be applied if the offer is over-subscribed? | ||
Yes | ||
Describe the scale back arrangements | ||
At the discretion of the Directors. | ||
Will these +securities rank equally in all respects from their issue date with | ||
the existing issued +securities in that class? | ||
For | Yes | |
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
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
Proposed issue of securities | 4 / 8 |
only
Proposed issue of securities
ASX +security code and description
NESO : OPTION EXPIRING 17-AUG-2023
ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the tradable rights created under a renounceable right issue (if Issuer is foreign company and +securities are non CDIs)
Offer ratio (ratio of attaching securities at which the new +securities will be issued)
personal use
The quantity of attaching +securities to be issued
1
What will be done with fractional entitlements?
Fractions rounded down to the nearest whole number or fractions disregarded
Offer price details for retail security holders
In what currency will the offer be made?
AUD - Australian Dollar
Oversubscription & Scale back details
Will individual +security holders be permitted to apply for more than their entitlement (i.e. to over-subscribe)?Yes
Describe the limits on over-subscription
For a given quantity of the new +securities issued
2
Maximum number of +securities proposed to be issued (subject to rounding)
38,858,439
What is the offer price per +security for the retail offer?
AUD 0.00000
For
Eligible Shareholders who take up their Entitlement in full may, in addition to their Entitlement, apply for Shortfall Shares, regardless of the size of their present holding by completing the Entitlement and Acceptance Form in accordance with the instructions set out on that form.
Will a scale back be applied if the offer is over-subscribed?
Yes
Describe the scale back arrangements
At the discretion of the Directors.
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 | 5 / 8 |
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Nelson Resources Ltd. published this content on 23 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2022 22:33:07 UTC.