61d7f17f-10f8-4afe-90b7-dc9994cf3d4a.pdf
ASX RELEASE
EXERCISE OF UNLISTED OPTIONS 6 JANUARY 2016
ASX CODE
RWD
DIRECTORS & MANAGEMENT
Colin McCavana
Chairman
Rod Della Vedova
Non-Executive Director
Michael Ruane
Managing Director
Daniel Tenardi
Projects Director
Paul Savich
Corporate Development Officer/Company Secretary
Bianca Taveira
Company Secretary
KEY PROJECTS
LD Project Karly Project
HEAD OFFICE
Reward Minerals Ltd 159 Stirling Highway
Nedlands WA 6009
PO Box 1104
Nedlands WA 6909
ACN 009 173 602
ABN 50 007 173 602
T: 08 9386 4699
F: 08 9386 9473
E: [email protected]
Reward Minerals Ltd (ASX: RWD) hereby advises that the following unlisted options have been exercised:
Exercise Price Expiry Number of Options
$0.45 5 January 2016 1,810,000
$0.45 10 October 2016 160,000
420,000 unlisted options with an expiry date of 5 January 2016 have now lapsed. In total 85% of the 5 January 2016 options were exercised raising $1.07 million.
The Company's capital structure following the exercise of the unlisted options is now as follows:
Listed Shares
121,726,762 Fully Paid Ordinary
Listed Options
14,126,434 Listed Options exercisable at $0.25 on or before 30 June 2016
Unlisted Options
1,840,000 Unlisted Options exercisable at $0.45 on or before 10 October 2016 4,500,000 Unlisted Options exercisable at $0.50 on or before 28 February 2017
The Company is extremely pleased with the uptake of the options and thanks participants for their ongoing support.
Yours sincerely
Bianca Taveira Company Secretary
www.rewardminerals.com
Appendix 3B
e 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement, application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12, 04/03/13
Name of entity
Reward Minerals Limited
ABN
009 173 602
We (the entity) give ASX the following information.
Part 1 - All issues
You must complete the relevant sections (attach sheets if there is not enough space).
Fully Paid Ordinary Shares
1 +Class of +securities issued or to be issued
1,970,000 Fully Paid Ordinary Shares
-
Number of +securities issued or to be issued (if known) or maximum number which may be issued
Fully Paid Ordinary Shares
-
Principal terms of the
+securities (e.g. if options, exercise price and expiry date; if partly paid
+securities, the amount outstanding and due dates for payment; if +convertible securities, the conversion price and dates for conversion)
The Fully Paid Ordinary Shares will be quoted and will rank equally with all other Ordinary Shares on issue in the Company.
-
Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted
+securities?
If the additional +securities do not rank equally, please state:
-
the date from which they do
-
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
-
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
-
Issue price or consideration 1,970,000 Fully Paid Ordinary Shares were
issued upon the exercise of unlisted options at an exercise price of $0.45 per share (total consideration of $886,500).
Note: 420,000 Unlisted Options at an exercise price of $0.45 expired on 5 January 2016.
Exercise of unlisted options.
-
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
No
6a Is the entity an +eligible entity that has obtained security holder approval under rule 7.1A?
If Yes, complete sections 6b
- 6h in relation to the
+securities the subject of this Appendix 3B, and comply with section 6i
N/A
6b The date the security holder resolution under rule 7.1A was passed
N/A
6c Number of +securities issued without security holder approval under rule 7.1
N/A
6d Number of +securities issued with security holder approval under rule 7.1A
N/A
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
N/A
6f Number of +securities issued under an exception in rule 7.2
N/A
6g If +securities issued under rule 7.1A, was issue price at least 75% of 15 day VWAP as calculated under rule 7.1A.3? Include the +issue date and both values. Include the source of the VWAP calculation.
N/A
6h If +securities were issued under rule 7.1A for non- cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
N/A
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A
- complete Annexure 1 and release to ASX Market Announcements
6 January 2016
7 +Issue dates
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
|
Number
|
+Class
|
|
121,726,762
|
Fully Paid Ordinary
|
|
Shares
|
|
14,126,434
|
Listed Options
|
|
exercisable at $0.25
|
|
on or before 30
|
|
June 2016
|
-
Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
-
Number and +class of all
+securities not quoted on ASX (including the
+securities in section 2 if
applicable)
1,840,000
4,500,000
Unlisted Options exercisable at $0.45 on or before 10 October 2016
Unlisted Options exercisable at $0.50 on or before 28 February 2017 - Martu Mining Services
-
-
Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
Part 2 - Pro rata issue
N/A
-
Is security holder approval required?
N/A
-
Is the issue renounceable or non-renounceable?
N/A
-
Ratio in which the +securities will be offered
N/A
14 +Class of +securities to which the offer relates
N/A
15 +Record date to determine entitlements
N/A
-
Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
N/A
-
Policy for deciding entitlements in relation to fractions
N/A
-
Names of countries in which the entity has security holders who will not be sent new offer documents
Note: Security holders must be told how their entitlements are to be dealt with.
Cross reference: rule 7.7.
N/A
-
Closing date for receipt of acceptances or renunciations
N/A
-
Names of any underwriters
N/A
-
Amount of any underwriting fee or commission
N/A
-
Names of any brokers to the issue
N/A
-
Fee or commission payable to the broker to the issue
N/A
-
Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of security holders
N/A
-
If the issue is contingent on security holders' approval, the date of the meeting
N/A
-
Date entitlement and acceptance form and offer documents will be sent to persons entitled
N/A
-
If the entity has issued options, and the terms entitle option holders to participate on exercise, the date on which notices will be sent to option holders
N/A
-
Date rights trading will begin (if applicable)
N/A
-
Date rights trading will end (if applicable)
N/A
-
How do security holders sell their entitlements in full through a broker?
N/A
-
How do security holders sell
part of their entitlements
through a broker and accept for the balance?
N/A
-
How do security holders dispose of their entitlements (except by sale through a broker)?
N/A
33 +Issue date
Part 3 - Quotation of securities
You need only complete this section if you are applying for quotation of securities
34 Type of +securities (tick one)
(a) +Securities described in Part 1
(b) All other +securities
Example: restricted securities at the end of the escrowed period, partly paid securities that become
fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
Tick to indicate you are providing the information or documents
35 If the +securities are +equity securities, the names of the 20 largest holders of the additional +securities, and the number and percentage of
additional +securities held by those holders
36 If the +securities are +equity securities, a distribution schedule of the additional +securities setting out the number of holders in the
categories 1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
Entities that have ticked box 34(b)
N/A
38 Number of +securities for which +quotation is sought
N/A
39 +Class of +securities for which quotation is sought
N/A
-
Do the +securities rank equally in all respects from the +issue date with an existing +class of quoted
+securities?
If the additional +securities do not rank equally, please state:
-
the date from which they do
-
the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
-
the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
N/A
-
Reason for request for quotation now
Example: In the case of restricted securities, end of restriction period
(if issued upon conversion of another +security, clearly identify that other +security)
-
Number and +class of all
+securities quoted on ASX (including the +securities in clause 38)
Quotation agreement
1 +Quotation of our additional +securities is in ASX's absolute discretion. ASX may quote the +securities on any conditions it decides.
-
We warrant the following to ASX.
-
The issue of the +securities to be quoted complies with the law and is not for an illegal purpose.
-
There is no reason why those +securities should not be granted
+quotation.
-
An offer of the +securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty
-
Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any +securities to be quoted and that no-one has any right to return any +securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the +securities be quoted.
-
If we are a trust, we warrant that no person has the right to return the +securities to be quoted under section 1019B of the Corporations Act at the time that we request that the +securities be
quoted.
-
We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.
-
We give ASX the information and documents required by this form. If any information or document is not available now, we will give it to ASX before
+quotation of the +securities begins. We acknowledge that ASX is relying
on the information and documents. We warrant that they are (will be) true and complete.
Bianca Taveira
Sign here: ............................................. Date: 06 January 2016
(Company secretary)
Appendix 3B - Annexure 1
Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible entities
Introduced 01/08/12 Amended 04/03/13
Part 1 - N/A
|
Rule 7.1 - Issues exceeding 15% of capital
|
|
Step 1: Calculate "A", the base figure from which the placement capacity is calculated
|
|
Insert number of fully paid +ordinary securities on issue 12 months before the
+issue date or date of agreement to issue
|
|
Add the following:
-
Number of fully paid +ordinary securities issued in that 12 month period under an exception in rule 7.2
-
Number of fully paid +ordinary securities issued in that 12 month period with shareholder approval
-
Number of partly paid +ordinary securities that became fully paid in that 12 month period
Note:
-
Include only ordinary securities here - other classes of equity securities cannot be added
-
Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed
-
It may be useful to set out issues of securities on different dates as separate line items
|
|
Subtract the number of fully paid +ordinary securities cancelled during that 12 month period
|
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"A"
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Step 2: Calculate 15% of "A"
|
|
"B"
|
0.15
[Note: this value cannot be changed]
|
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Multiply "A" by 0.15
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Step 3: Calculate "C", the amount of placement capacity under rule
7.1 that has already been used
|
|
Insert number of +equity securities issued or agreed to be issued in that 12 month period not counting those issued:
7.1 or rule 7.4
Note:
-
This applies to equity securities, unless specifically excluded - not just ordinary securities
-
Include here (if applicable) the securities the subject of the Appendix 3B to which this form is annexed
-
It may be useful to set out issues of securities on different dates as separate line items
|
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"C"
|
|
Step 4: Subtract "C" from ["A" x "B"] to calculate remaining placement capacity under rule 7.1
|
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"A" x 0.15
Note: number must be same as shown in Step 2
|
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Subtract "C"
Note: number must be same as shown in Step 3
|
|
Total ["A" x 0.15] - "C"
|
[Note: this is the remaining placement capacity under rule 7.1]
|
Part 2 - N/A
|
Rule 7.1A - Additional placement capacity for eligible entities
|
|
Step 1: Calculate "A", the base figure from which the placement capacity is calculated
|
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"A"
Note: number must be same as shown in Step 1 of Part 1
|
|
Step 2: Calculate 10% of "A"
|
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"D"
|
0.10
Note: this value cannot be changed
|
|
Multiply "A" by 0.10
|
|
Step 3: Calculate "E", the amount of placement capacity under rule 7.1A that has already been used
|
|
Insert number of +equity securities issued or agreed to be issued in that 12 month period under rule 7.1A
Notes:
-
This applies to equity securities - not just ordinary securities
-
Include here - if applicable - the securities the subject of the Appendix 3B to which this form is annexed
-
Do not include equity securities issued under rule
7.1 (they must be dealt with in Part 1), or for which specific security holder approval has been obtained
|
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"E"
|
|
Step 4: Subtract "E" from ["A" x "D"] to calculate remaining placement capacity under rule 7.1A
|
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"A" x 0.10
Note: number must be same as shown in Step 2
|
|
Subtract "E"
Note: number must be same as shown in Step 3
|
|
Total ["A" x 0.10] - "E"
|
Note: this is the remaining placement capacity under rule 7.1A
|