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BLACK CAT SYNDICATE LIMITED Share Issue/Capital Change 2021

Jan 20, 2021

64501_rns_2021-01-20_ce8195d3-60bd-4ac8-9372-707fcfe3a2a5.pdf

Share Issue/Capital Change

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ASX ANNOUNCEMENT 21 January 2021

Securities Being Released from Voluntary Escrow

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Black Cat Syndicate Limited (‘Black Cat’ or the ‘Company’) advises that the following securities held by directors and their associates will be released from voluntary escrow on or after 30 January 2021:

  • 12,536,695 ordinary fully paid shares; and

  • 4,257,778 unlisted options exercisable at $0.20 and expiring 25 January 2023.

Following the release of the above securities from voluntary escrow the Company will have on issue the following capital:

Fully Paid Fully Paid
Issued
Caital
Ordinary Fully Voluntary
p Shares
Options
Diluted Escrow
FullyPaid OrdinaryShares 110,337,667 - 110,337,667 8,417,962
Options@$0.20 expiring25 January2023 - 10,166,147 10,166,147
-
Options@$0.22 expiring31 July2023 - 200,000 200,000 -
Options@ $0.40 expiring25 June 2023 - 1,450,000 1,450,000 -
Options@ $0.60 expiring2 August 2023 - 700,000 700,000 -
Options@ $0.62 expiring18 May2024 - 250,000 250,000 -
Options @ $1.20 expiring21 July2024 - 187,500 187,500 -
Options @ $0.98 expiring10 December 2024 - 625,000 625,000 -
Current Issued Capital 110,337,667
13,528,147

123,865,814

8,417,962
Fully Paid
Securities Subject to Voluntary Escrow Ordinary
Shares Options Total
Silver Lake Resources Limited to 1 July2021 8,417,962
-
8,417,962

Directors again confirm that they have no present intention of disposing of any holding in Black Cat.

This announcement has been approved for release by the Board of Black Cat Syndicate Limited.

For further information, please contact:

Gareth Solly Managing Director +61 458 007 713 [email protected]

BLACK CAT SYNDICATE LIMITED (ASX:BC8)

DIRECTORS

Paul Chapman Non-Executive Chairman Gareth Solly Managing Director Les Davis Non-Executive Director Alex Hewlett Non-Executive Director Tony Polglase Non-Executive Director

CORPORATE STRUCTURE

Ordinary shares on issue: 110.3M Market capitalisation: A$83.3M (Share price A$0.755) Cash (30 Sept 2020): A$10.4M

Suite 8, 16 Nicholson Road, Subiaco WA 6008 PO Box 572, Floreat WA 6014

T: +61 458 007 713 | E: [email protected] W: www.blackcatsyndicate.com.au ABN 63 620 896 282