Proposed issue of securities
Announcement Summary
Entity name
BOUNTY OIL & GAS NL
Announcement Type
New announcement
Date of this announcement
Tuesday September 22, 2020
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 |
BUY | ORDINARY FULLY PAID | 143,000,000 |
Proposed +issue date
Wednesday September 23, 2020
Refer to next page for full details of the announcement
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Proposed issue of securities
Part 1 - Entity and announcement details
1.1 Name of +Entity
BOUNTY OIL & GAS NL
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.
1.2 | Registered Number Type | Registration Number |
ACN | 090625353 | |
1.3 | ASX issuer code | |
BUY |
- The announcement is New announcement
- Date of this announcement
Tuesday September 22, 2020
1.6 The Proposed issue is:
A placement or other type of issue
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Proposed issue of securities
Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 - Are any of the following approvals required for the placement or other type of issue?
+Security holder approval
Court approval
Lodgement of court order with +ASIC
ACCC approval
FIRB approval
Another approval/condition external to the entity
No
Part 7B - Issue details
Is the proposed 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
Will the proposed issue of this +security include an offer of attaching +securities?
No
Details of +securities proposed to be issued
ASX +Security Code and Description
BUY : ORDINARY FULLY PAID
Maximum Number of +securities proposed to be issued
143,000,000
Purpose of the issue
FURTHER PROJECT DEVELOPMENT GENERAL WORKING CAPITAL
Offer price details for retail security holders
In what currency is the cash consideration being paid?
AUD - Australian Dollar
What is the issue price per +security?
AUD 0.01000
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Proposed issue of securities
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?
Yes
Oversubscription & Scale back details
May a scale back be applied to this event?
No
Part 7C - Timetable
7C.1 Proposed +issue date
Wednesday September 23, 2020
Part 7D - Listing Rule requirements
7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the 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?
143,000,000
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 10.11.1 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
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the proposed issue? No
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