Rincon Resources : Notification regarding unquoted securities - RCR

About this update from Rincon Resources Ltd.

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Announcement Summary Entity name For personal use only RINCON RESOURCES LIMITED Date of this announcement Monday April 04, 2022 The +securities the subject of this notification are: Other Total number of +securities to be issued/transferred ASX +security Total number of +securities to be code Security description issued/transferred Issue date New class - code OPTIONS EXPIRING 30-MAR-2025 EX $0.20 2,500,000 30/03/2022 to be confirmed Refer to next page for full details of the announcement Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 1 / 7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 1 - Entity and announcement details For personal use only 1.1 Name of entity RINCON RESOURCES LIMITED We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities. 1.2 Registered number type ACN 1.3 ASX issuer code RCR 1.4 The announcement is New announcement 1.5 Date of this announcement 4/4/2022 Registration number 628003538 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 2 / 7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 2 - Issue details 2.1 The +securities the subject of this notification are: Other For personal use only Please specify Issue of 2,500,000 unquoted options expiring 30 March 2025 with an exercise price of $0.20. 2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which: does not have an existing ASX security code ("new class") Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 3 / 7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B For personal use only New +securities ASX +security code +Security description New class - code to be confirmed OPTIONS EXPIRING 30-MAR-2025 EX $0.20 +Security type ISIN code Options Date the +securities the subject of this notification were issued 30/3/2022 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued. Options Details +Security currency Exercise price Expiry date AUD - Australian Dollar AUD 0.20000000 30/3/2025 Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option Other Description RCR: ORDINARY FULLY PAID Any other information the entity wishes to provide about the +securities the subject of this notification Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 4 / 7 Notification of Issue, Conversion or Payment up of Unquoted Equity Securities Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B The proposed issue of the securities was disclosed via the Appendix 3B dated 29 March 2022. For personal use only Other securities included in that Appendix 3B but not issued are 2,500,000 options with an exercise price of $0.20 expiring 36 months from the date of issue, which vest should the Company raise a total of at least $2,000,000 of additional capital at a price of more than $0.20 per Share by 28 August 2022. Issue details Number of +securities 2,500,000 Were the +securities issued for a cash consideration? No Please describe the consideration being provided for the +securities Investor relations services Purpose of the issue To pay for services rendered Additional Details Notification of Issue, Conversion or Payment up of Unquoted Equity Securities 5 / 7 This is an excerpt of the original content. To continue reading it, access the original document here .

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