Zuleika Gold : Update - Proposed issue of securities - ZAG

About this update from 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 2 / 9 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 3 / 9 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 This is an excerpt of the original content. To continue reading it, access the original document here .

View stock analysis, news, and events for Zuleika Gold Limited