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ASARA RESOURCES LIMITED — Capital/Financing Update 2021
Oct 6, 2021
64427_rns_2021-10-06_ff81df20-0691-4086-88d8-f636e4d225ec.pdf
Capital/Financing Update
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Notification of Consolidation/Split
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Announcement Summary
Entity name
GOLDEN RIM RESOURCES LTD
Applicable security for the reorganisation
GMR ORDINARY FULLY PAID GMRAH OPTION EXPIRING 30-NOV-2022 EX $0.03 GMRAJ OPTION EXPIRING 01-FEB-2023 EX $0.01015 GMRAE OPTION EXPIRING 29-JUN-2022 EX 1C GMRAG OPTION EXPIRING 20-AUG-2022 EX 0.61C GMRAF OPTION EXPIRING 18-AUG-2022 EX 1C GMRAAA OPTION EXPIRING 12-APR-2023 EX $0.03 GMRAN OPTION EXPIRING 13-APR-2023 EX $0.018 GMRAD OPTION EXPIRING VARIOUS DATES EX $0.03
Announcement Type
New Announcement
Date of this announcement
7/10/2021
Reorganisation type
Security consolidation
Trading in the post consolidation or split +securities commences on a deferred settlement basis
9/11/2021
Record Date
10/11/2021
Issue Date
17/11/2021
Notification of Consolidation/Split
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Notification of Consolidation/Split
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Refer to below for full details of the announcement
Notification of Consolidation/Split
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Notification of Consolidation/Split
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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
GOLDEN RIM RESOURCES LTD
1.2 Registered Number Type
ACN
Registration Number 006710774
1.3 ASX issuer code
GMR
1.4 The announcement is
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New announcement
1.5 Date of this announcement
7/10/2021
1.6 Securities affected by the consolidation or split
ASX +Security Code ASX +Security Description GMR ORDINARY FULLY PAID GMRAH OPTION EXPIRING 30-NOV-2022 EX $0.03 GMRAJ OPTION EXPIRING 01-FEB-2023 EX $0.01015 GMRAE OPTION EXPIRING 29-JUN-2022 EX 1C GMRAG OPTION EXPIRING 20-AUG-2022 EX 0.61C GMRAF OPTION EXPIRING 18-AUG-2022 EX 1C GMRAAA OPTION EXPIRING 12-APR-2023 EX $0.03
Notification of Consolidation/Split
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Notification of Consolidation/Split
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GMRAN OPTION EXPIRING 13-APR-2023 EX $0.018 GMRAD OPTION EXPIRING VARIOUS DATES EX $0.03
Part 2 - Approvals
2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split. Yes
2.2 Approvals
Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval 5/11/2021 Actual
Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date
10/11/2021
3.2 Date of +security holder meeting
5/11/2021
3.2a Effective date of consolidation or split
5/11/2021
3.3 Last day for trading in the pre consolidation or split +securities
8/11/2021
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
9/11/2021
3.5 Record date
10/11/2021
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Notification of Consolidation/Split
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3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.
11/11/2021
3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date) 17/11/2021
3.8 Trading starts on a normal T+2 basis
18/11/2021
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis 22/11/2021
Part 4 - Event type and details
4.1 The event is
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+Security consolidation
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
15
(pre-consolidation) +securities will be consolidated into 1
(post-consolidation) +security (/ies).
4.2 Scrip fraction rounding
Fractions rounded up to the next whole number
Part 5 - +Securities on issue before and after consolidation or split
5.1 +Securities on issue before and after the consolidation or split
ASX +Security Code ASX +Security Description GMR ORDINARY FULLY PAID Quoted/unquoted Number on issue pre Number on issue post Estimate/Actual Quoted consolidation or split consolidation or split Estimated 3,295,349,679 219,689,979 ASX +Security Code ASX +Security Description GMRAH OPTION EXPIRING 30-NOV-2022 EX $0.03 Quoted/unquoted Estimate/Actual Unquoted Estimated
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Notification of Consolidation/Split
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| Number on issue pre | Number on issue post | ||
|---|---|---|---|
| consolidation or split | consolidation or split | ||
| 24,700,000 | 1,646,667 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAJ | OPTION EXPIRING 01-FEB-2023 EX $0.01015 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 7,105,360 | 473,691 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAE | OPTION EXPIRING 29-JUN-2022 EX 1C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 79,638,959 | 5,309,264 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAG | OPTION EXPIRING 20-AUG-2022 EX 0.61C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 16,541,680 | 1,102,779 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAF | OPTION EXPIRING 18-AUG-2022 EX 1C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 132,473,016 | 8,831,534 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAAA | OPTION EXPIRING 12-APR-2023 EX $0.03 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 4,000,000 | 266,667 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAN | OPTION EXPIRING 13-APR-2023 EX $0.018 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 20,000,000 | 1,333,333 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMRAD | OPTION EXPIRING VARIOUS | DATES EX $0.03 | |
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 32,600,000 | 2,173,333 |
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Notification of Consolidation/Split
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5.2 Exercise price of options
| ASX +Security Code | ASX +Security Description | |
|---|---|---|
| GMRAH | OPTION EXPIRING 30-NOV-2022 EX $0.03 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03000000 | 0.45000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAJ | OPTION EXPIRING 01-FEB-2023 EX $0.01015 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.01015000 | 0.15225000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAE | OPTION EXPIRING 29-JUN-2022 EX 1C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.01000000 | 0.15000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAG | OPTION EXPIRING 20-AUG-2022 EX 0.61C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.00610000 | 0.09150000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAF | OPTION EXPIRING 18-AUG-2022 EX 1C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.01000000 | 0.15000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAAA | OPTION EXPIRING 12-APR-2023 EX $0.03 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03000000 | 0.45000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAN | OPTION EXPIRING 13-APR-2023 EX $0.018 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.01800000 | 0.27000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMRAD | OPTION EXPIRING VARIOUS DATES EX $0.03 |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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Quoted/unquoted Exercise price pre consolidation or Exercise price post consolidation or split split Unquoted 0.03000000 0.45000000 Part 6 - Further information 6.1 Further information relating to the consolidation or split 6.2 Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split
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