TIDMSGZ
RNS Number : 8386Z
Scotgold Resources Ltd
15 December 2014
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
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
SCOTGOLD RESOURCES LIMITED
ABN
42 127 042 773
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).
1 +Class of +securities Ordinary fully paid shares
issued or to be issued
Number of +securities
issued or to be issued
(if known) or maximum
number which may be
2 issued 281,897,707
3 Principal terms of Ordinary fully paid shares
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)
4 Do the +securities Yes
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
5 Issue price or consideration $0.006 per share
Purpose of the issue Underwriter shares from Non
(If issued as consideration Renounceable Rights Issue shortfall
6 for the acquisition announced on 13 October 2014
of assets, clearly
identify those assets)
Is the entity an +eligible Yes
entity that has obtained
6a 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
The date the security 28 November 2014
holder resolution
6b under rule 7.1A was
passed
Number of +securities Nil
issued without security
6c holder approval under
rule 7.1
Number of +securities Nil
issued with security
6d holder approval under
rule 7.1A
Number of +securities Nil
issued with security
6e holder approval under
rule 7.3, or another
specific security
holder approval (specify
date of meeting)
Number of +securities
issued under an exception
6f in rule 7.2 281,897,707
If +securities issued N/A
under rule 7.1A, was
6g 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.
If +securities were N/A
issued under rule
6h 7.1A for non-cash
consideration, state
date on which valuation
of consideration was
released to ASX Market
Announcements
Calculate the entity's See Annexure 1.
remaining issue capacity
6i under rule 7.1 and
rule 7.1A - complete
Annexure 1 and release
to ASX Market Announcements
7 +Issue dates 15 December 2014
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
Number and +class
of all +securities
quoted on ASX (including
the +securities in Ordinary Fully
8 section 2 if applicable) 1,045,392,472 Paid Shares
------------------------------
Number +Class
Options
Exercise at A$0.08
Expiry 31 March
2022
Options
Exercise at GBP0.045
Expiry 24 July
2015
Options
Exercise at GBP0.031
Expiry 7 December
2015
Options
Exercise at GBP0.045
Expiry 28 March
2016
Options
Exercise at A$0.012
3,000,000 Expiry 31 March
Number and +class 26,222,222 2015
of all +securities 153,161 Options
not quoted on ASX 7,111,111 Exercise at GBP0.069
(including the +securities 50,000,000 Expiry 22 September
9 in section 2 if applicable) 30,000,000 2017
-----------------------------------
10 Dividend policy (in No plans to pay dividends at
the case of a trust, this stage
distribution policy)
on the increased capital
(interests)
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
Quotation agreement
1 +Quotation of our additional +securities is in ASX's absolute
discretion. ASX may quote the +securities on any conditions it
decides.
2 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.
3 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.
4 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.
Sign here:
...................................................... Date: 15
December 2014
(Director/Company secretary)
Print name: Peter John Newcomb
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
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 221,565,739
--------------------------------------------
Add the following:
* Number of fully paid +ordinary securities issued in 148,519,802 6 January 2014
that 12 month period under an exception in rule 7.2 17,654,502 23 January 2014
194,965,196 26 November 2014
281,897,707 15 December 2014
* Number of fully paid +ordinary securities issued in
that 12 month period with shareholder approval 90,000,000 5 March 2014
6,149,275 21 March 2014
75,640,251 8 August 2014
* Number of partly paid +ordinary securities that 9,000,000 23 September 2014
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 NIL
paid +ordinary securities
cancelled during that 12
month period
--------------------------------------------
"A" 1,045,392,472
--------------------------------------------
Step 2: Calculate 15% of "A"
"B" 0.15
[Note: this value cannot be
changed]
-------------------------------------------
Multiply "A" by 0.15 156,808,870
-------------------------------------------
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 Nil
to be issued in that 12 month
period not counting those
issued:
* Under an exception in rule 7.2
* Under rule 7.1A
* With security holder approval under rule 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
-------------------------------------------
"C" Nil
-------------------------------------------
Step 4: Subtract "C" from ["A" x "B"] to calculate remaining
placement capacity under rule 7.1
"A" x 0.15
Note: number must be same
as shown in Step 2 156,808,870
-------------------------------------------
Subtract "C" Nil
Note: number must be same
as shown in Step 3
-------------------------------------------
Total ["A" x 0.15] - "C" 156,808,870
[Note: this is the remaining
placement capacity under rule
7.1]
-------------------------------------------
Part 2
Rule 7.1A - Additional placement capacity for eligible
entities
Step 1: Calculate "A", the base figure from which the
placement capacity is calculated
"A"
Note: number must be same
as shown in Step 1 of Part
1 1,045,392,472
-----------------------------------------
Step 2: Calculate 10% of "A"
"D" 0.10
Note: this value cannot be
changed
-----------------------------------------
Multiply "A" by 0.10 104,539,247
-----------------------------------------
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 Nil
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
* It may be useful to set out issues of securities on
different dates as separate line items
-----------------------------------------
"E" Nil
-----------------------------------------
Step 4: Subtract "E" from ["A" x "D"] to calculate remaining
placement capacity under rule 7.1A
"A" x 0.10
Note: number must be same
as shown in Step 2 104,539,247
--------------------------------------------
Subtract "E" Nil
Note: number must be same
as shown in Step 3
--------------------------------------------
Total ["A" x 0.10] - "E" 104,539,247
Note: this is the remaining
placement capacity under rule
7.1A
--------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCEAFASFAELFAF
Scotgold Resources (LSE:SGZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Scotgold Resources (LSE:SGZ)
Historical Stock Chart
From Apr 2023 to Apr 2024
