Zuleika Gold LimitedASX: ZAG

Update - Proposed issue of securities - ZAG

Jan 25, 2022 at 2:36 AM UTC · Issued by Zuleika Gold Limited

Proposed issue of securities

Update Summary

For personal use only

Entity name

ZULEIKA GOLD LIMITED

Announcement Type

Update to previous announcement

Date of this announcement

25/1/2022

Reason for update to a previous announcement

It is considered that the party to whom the securities are to be issued is a related party. Accordingly section 7D.2 is amended to read Yes.

Refer to next page for full details of the announcement

Proposed issue of securities

1 / 9

Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

ZULEIKA GOLD 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	43141703399
1.3	ASX issuer code
ZAG

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

It is considered that the party to whom the securities are to be issued is a related party. Accordingly section 7D.2 is amended to read Yes.

1.4b Date of previous announcement to this update

18/1/2022

1.5 Date of this announcement

25/1/2022

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?
		Yes
use	7A.1a Conditions
Approval/Condition	Date for determination	Is the date estimated or	** Approval

		+Security holder approval	11/3/2022	actual?	received/condition met?
			Estimated

		Comments
personal


	P rt 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?
		or an 'Existing class' (additional	Yes
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
For	ASX +security code and description
ZAG : ORDINARY FULLY PAID

Number of +securities proposed to be issued 100,000,000

Offer price details

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

Yes

Proposed issue of securities

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Proposed issue of securities

In what currency is the cash consideration being paid?

AUD - Australian Dollar

What is the issue price per +security?

AUD 0.03000

only	Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?

			Yes
	Attaching +Security
use	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)?
			New class
	Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
personal		Details of attaching +securities proposed to be issued
	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)

			Have you received confirmation from ASX that the terms	Will the entity be seeking quotation of the 'new' class o
			of the proposed +securities are appropriate and		+securities on ASX?
			equitable under listing rule 6.1?		No
			No
			ASX +security code		+Security description

			New class-code to be confirmed		options each exercisable at $0.05 and expiring 28 February
					2025
			+Security type


			Options
			Number of +securities proposed to be issued
For	50,000,000
	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

			Free attaching options

			Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
		0.001000

	Proposed issue of securities	4 / 9

Proposed issue of securities

Will all the +securities issued in this class rank equally in all respects from their issue date?

Yes

	Options details
only		+Security currency
	AUD - Australian Dollar
	Exercise price		Expiry date
	AUD 0.0500	28/2/2025
use		Details of the type of +security that will be issued if the option is exercised

			ZAG : ORDINARY FULLY PAID
			Number of securities that will be issued if the option is exercised

			One fully paid ordinary share (ASX: ZAG)

personal		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 ASX announcement dated 18 January 2022



		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?
		or an 'Existing class' (additional		No
		securities in a class that is already
		quoted or recorded by ASX)?
			New class
	Details of +securities proposed to be issued
For	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		of the 'new' class of +securities on
		+securities are appropriate and		ASX?
		equitable under listing rule 6.1?		No
			No
		ASX +security code		+Security description

			New class-code to be confirmed		Options each exercisable at $0.07 and expiring 28 February 2025

		+Security type
		Options

	Proposed issue of securities	5 / 9

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