Tennant Minerals : Proposed issue of securities - TMS

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

TENNANT MINERALS LIMITED

Announcement Type

New announcement

Date of this announcement 13/12/2021

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
TMS	ORDINARY FULLY PAID	51,200,030
TMSO	OPTION EXPIRING 23-APR-2024	26,200,000

Proposed +issue date

17/12/2021

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

TENNANT MINERALS 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
ABN	25086471007
1.3	ASX issuer code
TMS

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

13/12/2021

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	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
		TMS : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		50,000,030
		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 0.02000

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

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	TMSO : OPTION EXPIRING 23-APR-2024
Number of +securities proposed to be issued
	25,000,000
	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
	free attaching option on a 1 for 2 basis
	Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
	Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that
	class?
	Yes
	Details of attaching +securities proposed to be issued
For	ASX +security code and description
TMS : ORDINARY FULLY PAID
Number of +securities proposed to be issued
	1,200,000

Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

No

Proposed issue of securities

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Proposed issue of securities

Please describe the consideration being provided for the +securities

nil

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities

only	Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that
		class?
		Yes
		Details of attaching +securities proposed to be issued
use	ASX +security code and description
TMSO : OPTION EXPIRING 23-APR-2024
		Number of +securities proposed to be issued
		1,200,000
		Offer price details
personal	Are the +securities proposed to be issued being issued for a cash consideration?
No
		Please describe the consideration being provided for the +securities
		nil
		Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that
		class?
		Yes
For

Part 7C - Timetable

7C.1 Proposed +issue date 17/12/2021

Proposed issue of securities

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