Nimy Resources : Proposed issue of securities - NIM

About this update from Nimy Resources Limited

Announcement Summary Entity name For personal use only NIMY RESOURCES LIMITED Announcement Type New announcement Date of this announcement 13/4/2022 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 13/4/2022 Refer to next page for full details of the announcement Part 1 - Entity and announcement details 1.1 Name of +Entity NIMY RESOURCES 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 ACN Registration Number 155855986 1.3 ASX issuer code NIM 1.4 The announcement is New announcement 1.5 Date of this announcement 13/4/2022 1.6 The Proposed issue is: A placement or other type of issue 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? No For personal use 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 Details of +securities proposed to be issued ASX +security code and description Will the proposed issue of this +security include an offer of attaching +securities? No NIMAK : OPTION EXPIRING 24-SEP-2026 EX $0.40 Number of +securities proposed to be issued 2,000,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Yes In what currency is the cash What is the issue price per consideration being paid? +security? AUD - Australian Dollar AUD 0.00100 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes 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)? New class Details of +securities proposed to be issued Will the proposed issue of this +security include an offer of attaching +securities? No ISIN Code (if Issuer is a foreign company and +securities are non CDIs) For personal use 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? No ASX +security code New class-code to be confirmed +Security type Options Number of +securities proposed to be issued 3,000,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Yes In what currency is the cash What is the issue price per consideration being paid? +security? AUD - Australian Dollar AUD 0.00100 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Options details of the 'new' class of +securities on ASX? No +Security description Unlisted options with an exercise price of $0.60 per share, expiring 2 years from date of issue +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.6000 13/4/2024 Details of the type of +security that will be issued if the option is exercised Details of the type of +security that will be issued if the option is exercised NIM : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised 3,000,000 fully paid ordinary shares upon exercise of options For personal use only 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. 3,000,000 options issued to CPS Capital under a broker and corporate advisory mandate. Part 7C - Timetable 7C.1 Proposed +issue date 13/4/2022 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? 5,000,000 unlisted 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? 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 This is an excerpt of the original content. To continue reading it, access the original document here .

View stock analysis, news, and events for Nimy Resources Limited