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First Au : Proposed issue of securities - FAU
First Au : Proposed issue of securities -
About this update from First Au Ltd.
Proposed issue of securities Announcement Summary For personal use only Entity name FIRST AU LIMITED Announcement Type New announcement Date of this announcement 8/4/2022 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 Proposed +issue date 11/4/2022 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 1.1 Name of +Entity FIRST AU LIMITED For personal use only 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 ABN Registration Number 65000332918 1.3 ASX issuer code FAU 1.4 The announcement is New announcement 1.5 Date of this announcement 8/4/2022 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 For personal use 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? 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)? Will the proposed issue of this +security include an offer of attaching +securities? No Existing class Details of +securities proposed to be issued ASX +security code and description FAU : ORDINARY FULLY PAID Number of +securities proposed to be issued 5,000,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as part consideration for advisory services provided to FAU. Refer to ASX announcement on 8 April 2022 for further details. 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 Proposed issue of securities 3 / 6 Proposed issue of securities For personal use only 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)? Will the proposed issue of this +security include an offer of attaching +securities? No New class Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities are non CDIs) Have you received confirmation from Will the entity be seeking quotation ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? of the 'new' class of +securities on ASX? No No ASX +security code +Security description New class-code to be confirmed Options with an exercise price of $0.015 and expiring 5 years from issue. +Security type Options Number of +securities proposed to be issued 20,000,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities Issued as part consideration for advisory services provided to FAU. Refer to ASX announcement on 8 April 2022 for further details. Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Proposed issue of securities 4 / 6 Proposed issue of securities Options details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.0150 11/4/2027 For personal use only Details of the type of +security that will be issued if the option is exercised FAU : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised One per option Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. Refer to ASX announcement on 8 April 2022 for further details. Part 7C - Timetable 7C.1 Proposed +issue date 11/4/2022 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? 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? 25,000,000 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 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? Yes 7D.4a Please enter the number and +class of the + s ecurities subject to +voluntary escrow and the date from which Proposed issue of securities 5 / 6 This is an excerpt of the original content. 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