Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

BRIGHTSTAR RESOURCES LIMITED Capital/Financing Update 2003

Dec 3, 2003

64581_rns_2003-12-03_34d84dac-4b3a-4431-8bc0-6ce1b9c9711a.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

Appendix 1A

ASX Listing application and agreement

Part 1 - Application for admission to the official list

Name of entity ABN
A1 Minerals Limited 44 100 727 491

We, A1 Minerals Limited (the entity), apply for admission to the +official list of Australian Stock Exchange Limited (ASX) and for +quotation of +securities.

Part 2 - Information to be completed

About the entity

You must complete the relevant sections (attach sheets if there is not enough space).

All entities

$\mathbf{1}$ Deleted 30/9/2001

  • $\overline{2}$ +Main class of +securities
  • $\overline{3}$ Additional +classes *securities (except *CDIs)
Number + Class
39,253,334 Ordinary Fully Paid
9,500,000 30 cent November 2006 Options
of Number
be
to
quoted (subject
to
application
of
escrow)
+ Class

<sup>+ See chapter 19 for defined terms.

×

$\bullet$

$\overline{\mathbf{C}}$

$\blacklozenge$

l,

Number not to be
quoted
+ Class
9,500,000 30 cent November 2006 Options
4 Telephone
number,
postal
address for all correspondence,
general fax number, fax number
for + company announcements
office to confirm release of
information to the market, and
for contact
e-mail
address
purposes.
Unit 4, 14 Bannick Court
Canning Vale, Western Australia 6155
Telephone: (08) 9455 3600
Facsimile: (08) 9455 5811
Email: [email protected]
5 Address of principal + security
registries for each + class of
security (including CDIs)
Computershare Investor Services Pty Limited
Level 2, 45 St George's Terrace
Perth, Western Australia 6000
Tel: (08) 9323 2000
Fax: (08) 9323 2033
6 Annual balance date 30 June
Companies only
(Other entities go to 19)
7 of
chief
title
Name
and
officer/managing
executive
director
Mr John Williams - Managing Director
8 Name and title of chairperson
of directors
Mr Michael Hunt
9 Names of all directors Mr Michael Hunt
Mr John Williams
Mr Roy Dudney
Mr Peter Thomas
  • See chapter 19 for defined terms.
10 Duration of appointment of
directors (if not subject to
retirement by rotation) and
details of any entitlement to
participate in profits
Subject to retirement by rotation.
No profit participation entitlement exists or is proposed.
11 Name and title of company
secretary
Mr Mark Pitts
12 Place of incorporation Western Australia
13 Date of incorporation 29 May 2002
14 Legislation
under
which
incorporated
Corporations Act subsection 121(1)
15 Address of registered office in
Australia
Unit 4, 14 Bannick Court
Canning Vale, Western Australia 6155
16 Month
in
which
annual
meeting is usually held
November
17 Months in which dividends
usually paid
$($ or
are
are
intended to be paid)
Company is a mineral exploration company with months for payment of
dividends TBA
18 If the entity is a foreign $N/A$
which
has
company
a
certificated
subregister
for
quoted + securities, the location
Australian
*security
of
registers

$\bullet$

$\ddot{\phantom{0}}$

$\overline{\mathbf{C}}$

$\big($

$+$ See chapter 19 for defined terms.

18A If the entity is a foreign company, the name and address of the entity's Australian agent for service of process

$\mid$ N/A

(Companies now go to 31)

٠

All entities except companies

19 title
of chief
and
Name
officer/managing
executive
director of the responsible
entity
N/A
20 Name and title of chairperson
of directors of responsible
entity
N/A
21 Names of all directors of the
responsible entity
N/A
22 Duration of appointment of
directors of responsible entity
(if not subject to retirement by
rotation) and details of any
entitlement to participate in
profits
N/A
23 Name and title of company
secretary of responsible entity
N/A

$+$ See chapter 19 for defined terms.

23A Trusts only - if the trust is a
registered managed investment
scheme, the names of the
members of the compliance
committee (if any)
N/A
24 Place of registration of the
entity
N/A
25 Date of registration of the
entity
N/A
26 Legislation under which the
entity is registered
N/A
27 Address
οf
administration
office in Australia of the entity
N/A
28 If an annual meeting is held,
month in which it is usually
held
N/A
29 Months in which distributions
usually paid
are
$($ or
are
intended to be paid)
N/A
30 If the entity is a foreign entity
which
has
$\overline{a}$
certificated
subregister
for
quoted
securities, the location of
Australian
security registers
N/A
30A If the entity is a foreign trust,
the name and address of the
entity's Australian agent for
service of process
N/A

$\hat{\mathbf{v}}$

$\ddot{\phantom{0}}$

$\big($

(

+ See chapter 19 for defined terms.

About the entity All entities

Where is the information or document Tick to indicate you are providing the information or to be found? (eg, prospectus cross documents reference) Ref attached Prospectus - page 4. Evidence of compliance with 20 cent minimum $31$ Spread details TBA issue price or sale price, and spread requirements 2 copies provided with application with Prospectus, Product Disclosure Statement or 32 information memorandum relevant to the an additional 250 copies to be provided application (250 copies) within 10 business days of application. To be provided immediately upon 33 Cheque for fees confirmation of applicable fee. Type of subregisters the entity will operate CHESS and certificated sub registers 34 Example: CHESS and certificated subregisters Copies of any contracts referred to in the Attached - refer attachments for 35 ☑ prospectus, Product Disclosure Statement or question 54 and 121 information memorandum (including any underwriting agreement) Refer attached - ASX to confirm A certified copy of any restriction agreement 36 ☑ parties and agreement in acceptable entered into in relation to +restricted securities form. 37 If there are +restricted securities, undertaking TBA issued by any bank or +recognised trustee Attached (Companies only) - certificate of incorporation or 38 ☑ other evidence of status (including any change of name) (All entities except companies) - certificate of N/A 39 registration or other evidence of status (including change of name) Previously reviewed, letter attached. Copy of the entity's constitution (eg, if a 40 ☑ company, the memorandum and articles of association)

11/3/2002

<sup>+ See chapter 19 for defined terms.

Where is the information or document to be found? (eg, prospectus cross reference)

$\Delta$ ] Completed checklist that the constitution Letter from ASX of clearance of
complies with the listing rules (copy of articles $\vert$
checklist is available from any Companies
Department)
constitution attached (refer question
40)
42 A brief history of the entity or, if applicable, the Refer Prospectus section 4
group
42A Copy of agreement with ASX that documents ASX to provide formate of agreement.
may be given to ASX and authenticated
electronically.

About the securities to be quoted

All entities

$\ddot{\phantom{0}}$

$\bullet$

43 Confirmation that the + securities to be quoted
are eligible to be quoted under the listing rules
Confirmed
44 Voting rights of + securities to be quoted Ref prospectus page 60
45 A specimen certificate/holding statement for
each + class of + securities to be quoted and a
Quoted securities to be uncertificated.
46 specimen holding statement for + CDIs
Terms of the + securities to be quoted
Fully paid shares only
47 A statement setting out the names of the 20
largest holders in each + class of + securities to be
quoted, and the number and percentage of each
class of securities held by those holders
TBA
48 A distribution schedule of each + class of + equity
securities to be quoted, 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
TBA
49 The number of holders of a parcel of + securities
with a value of more than \$2,000, based on the
issue/sale price
TBA
50 Terms of any + debt securities and + convertible
debt securities
N/A
Where is the information or document
to be found?
(eg, prospectus cross
reference)

$\mathcal{A}^{\mathcal{A}}$

<sup>+ See chapter 19 for defined terms.

51 $\tau$ convertible debt securities Trust deed for any $^{+}$ debt securities and $N/A$

Trusts only - if the trust is not a registered 52 managed investment scheme, ASIC exemption re buy-back provisions

$1 \mid N/A$
ŕ.

All entities with classified assets

(Other entities go to 62)

All +mining exploration entities and, if ASX asks, any other entity that has acquired, or entered into an agreement to acquire $a$ $^+$ classified asset, must give ASX the following information.

The name of the vendor and details of any
relationship of the vendor with us
Vendors - John Dennis Williams
(Managing Director of A1) and
Debbie Lynne Williams.
Vendors are beneficial owners of
*classified asset at the date of the acquisition or
agreement, the name of the beneficial owner(s)
and details of the relationship of the beneficial
$owner(s)$ to us
shares in Desert Exploration Pty
Ltd. Desert Explorations holds a
70% beneficial interest in mineral
tenements comprising the
BrightStar project (the balance
being held by A1 Minerals).
The date that the vendor acquired the + classified
asset
19 December 2001
The method by which the vendor +acquired the
*classified asset, including whether by agreement,
exercise of option or otherwise
By agreement with Golden Cross
Operations Pty Ltd, a subsidiary
of Golden Cross Limited.
The consideration passing directly or indirectly
from the vendor (when the vendor +acquired the
asset), and whether the consideration has been
provided in full
Consideration was a 2% net smelter
royalty and exploration
expenditure requirement.
Full details of the + classified asset, including any
title particulars
Exploration Licence E38/970
If the vendor was not the beneficial owner of the

$+$ See chapter 19 for defined terms.

Where is the information or document to be found? $(eg,$ prospectus cross reference)

undertaken

on.

work

59 The work done by or on behalf of the vendor in Field developing the +classified asset. In the case of a classified asset subsequent to May *mining tenement, this includes prospecting in 2002 was undertaken by A1 in earning an initial 30% beneficial relation to the tenement. If money has been spent interest by the vendor, state the amount (verification of which may be required by ASX).

The date that the entity +acquired the +classified 60 asset from the vendor, the consideration passing directly or indirectly to the vendor, and whether that consideration has been provided in full

A breakdown of the consideration, showing how ☑ it was calculated, and whether any experts' reports were commissioned or considered (and if so, with copies attached).

Conditional on admission to ASX and quotation of shares prior to 30 March 2004

No Expert Report was commission for the purpose of acquisition. The directors had regard to a discussion board paper, a copy of which is attached. Consideration was also given to valuation report prepared for stamp duty purposes.

About the entity's capital structure

All entities

61

62 Deleted 1/9/99.
63 A copy of the register of members, if ASX asks TBA
64 A copy of any court orders in relation to a
reorganisation of the entity's capital in the last
five years
N/A
65 The rerms of any "employee incentive scheme" N/A
66 The terms of any + dividend or distribution plan N/A
67 The terms of any + securities that will not be
quoted
Securities not to be quoted (other than
ordinary share subject to escrow) are
options the terms of which are set out
on page 61 of the prospectus.
68 Deleted 1/7/98.

<sup>+ See chapter 19 for defined terms.

$\bullet$

$\bullet$

$\overline{\mathbf{C}}$

$\overline{\mathbf{C}}$

Where is the information or document
to be found?
(eg, prospectus cross)
reference)
69 The entity's issued capital (interests), showing
separately each + class of + security (except
+ CDIs), the amount paid up on each + class, the
issue price, the dividend (in the case of a trust,
distribution) and voting rights attaching to each
*class and the conversion terms (if applicable)
Refer page 4
of
prospectus
and
Independent Accountants Report (note
11 to financial statements), page 54 of
prospectus.
70 The number of the entity's debentures, except to
showing the amount outstanding,
bankers.
nominal value and issue price, rate of interest,
dates of payment of interest, date and terms of
redemption of each + class and conversion terms
(if applicable)
None
Note: This applies whether the securities are quoted or not.
71 The number of the entity's unsecured notes,
showing the amount outstanding, nominal value
and issue price, rate of interest, dates of payment
of interest, date and terms of redemption of each
*class and conversion terms (if applicable)
None
Note: This applies whether the securities are quoted or not.
72 The number of the entity's options to +acquire
showing
the
number
unissued
*securities.
outstanding
9,500,000 exercisable at 30 cents each
on or before 30 November 2006
Note: This applies whether the securities are quoted or not.
73 Details of any rights granted to any + person, or to
any class of + persons, to participate in an issue of
the entity's + securities
Note: This applies whether the securities are quoted or not.
None
74 If the entity has any 'child entities, a list of all
+ child entities stating in each case the name, the
nature of its business and the entity's percentage
holding in it. Similar details should be provided
for every entity in which the entity holds (directly
or indirectly) 20% or more of the issued capital
(interests).
conditional
Subject
acquisition
to
agreement - Desert Exploration Pty
Ltd.

+ See chapter 19 for defined terms.

About the entity's financial position
(Entities meeting the profit test go to 75. For the assets test go to 81A.)
All entities meeting the profit test
Where is the information or document
to be found?
(eg, prospectus cross)
reference)
75 Evidence that the entity has been in the same
main business activity for the last 3 full financial
years
N/A
76 Evidence that the entity is a going concern (or
successor) and its aggregated profit for the last 3
full financial years
N/A
76A Evidence
entity's $+ profit$
from
that
the
continuing operations in the past 12 months
exceeded \$400,000
N/A
77 Audited + accounts for the last 3 full financial
years and audit reports
N/A
78 - 79 Deleted 1/7/97.
80 Half yearly + accounts (if required) and audit
report or review
N/A
80A Pro forma balance sheet and review N/A
80B Statement from all directors or all directors of
the responsible entity confirming that the entity
is continuing to earn + profit from continuing
operations
N/A
All entities meeting the assets test
(only complete one of 81A, 81B or 81C and one of 82 or 83)
Introduced 1/7/96. Amended 1/7/99.
81 Deleted 1/7/97
81A For entities other than + investment entities,
evidence of net tangible assets of at least S2
million or market capitalisation of at least \$10
million
Refer pro forma balance
sheet
in
Independent Accounts
Report
in
prospectus - page 49
81B For 'investment entities other than 'pooled
development funds, evidence of net tangible
assets of at least \$15 million
N/A
81C Evidence
that
the
entity is
*pooled
$\rm{a}$
development fund with net tangible assets of at
least \$2 million
N/A

$\mathcal{A}^{\mathcal{A}}$

$\bullet$

$\hat{\mathbf{A}}$

$\blacklozenge$

$\blacklozenge$

$+$ See chapter 19 for defined terms.

$\bar{\mathbf{v}}$

$\ddot{\phantom{1}}$

$\overline{\mathbf{C}}$

$\blacklozenge$

Where is the information or document to
be found?
(eg, prospectus
cross
reference)
82 Evidence that at least half of the entity's total
tangible assets (after raising any funds) is not
cash or in a form readily convertible to cash (if
there are no-commitments)
Refer Balance sheet in prospectus IAR
Page 49.
83 Evidence that there are commitments to spend at
least half of the entity's cash and assets in a
form readily convertible to cash (if half or more
of the entity's total tangible assets (after raising
any funds) is cash or in a form readily
convertible to cash)
Refer schedule of budgeted exploration
expenditure on pages 10, 29, 33 and 34
of Prospectus.
84 Statement that there is enough working capital
to carry out the entity's stated objectives (and
statement by independent expert, if required)
4
Refer
prospectus
and
page
Independent
Geologist
Report
(introductory letter) - page 13
85 Deleted 1/9/99.
86 Deleted 1/7/97.
87 *Accounts for the last 3 full financial years and
audit report, review or statement that not audited
or not reviewed
N/A
87A Half yearly + accounts (if required) and audit
report, review or statement that not audited or
not reviewed
Audited financial statements available
on request
87B Audited balance sheet (if required) and audit
report
Audited financial statements available
on request
87C Pro forma balance sheet and review Refer IAR in prospectus page 49
(Now go to 106)
88 Deleted 1/7/97.
89-92C Deleted 1/9/99.
93 Deleted 1/7/97.
94-98C Deleted 1/9/99.
99 Deleted 1/7/97.
100-105C Deleted 1/9/99,
  • See chapter 19 for defined terms.
About the entity's business plan and level of operations

All entities

$\hat{\mathbf{v}}$

Ñ

$\blacklozenge$

Where is the information or document
Information
memorandum
information
contained
the
1n
to be found?
(eg, prospectus cross
reference)
106 Details of the entity's existing and proposed activities,
and level of operations. State the main business
Refer prospectus - "Company Projects
Overview
and
and
Independent
Geological Report.
Business of Company is mining and
exploration.
107 Details of any issues of the entity's + securities (in all
+ classes) in the last 5 years.
Indicate issues for
consideration other than cash
Refer schedule in respect of question
36
Information memorandum requirements
All entities
108 If the entity is a company, a statement that all
the information that would be required under
section 710 of the Corporations Act if the
information memorandum were a prospectus
offering for subscription the same number of
securities for which quotation will be sought is
contained in the information memorandum. If
the entity is a trust, a statement that all the
information that would be required under
section 1013C of the Corporations Act if the
information memorandum were a Product
Disclosure Statement offering for subscription
the same number of + securities for which
+ quotation will be sought is contained in the
information memorandum
N/A
109 The signature of every director, and proposed
director, of the entity personally or by a + person
authorised in writing by the director (in the case
of a trust, director of the responsible entity)
N/A
110 The date the information memorandum is signed N/A
111(a) Full particulars of the nature and extent of any
interest now, or in the past 2 years, of every
director or proposed director of the entity (in the
case of a trust, the responsible entity), in the
promotion of the entity, or in the property
acquired or proposed to be acquired by it
N/A
111(b) If the interest was, or is, as a member or partner
in another entity, the nature and extent of the
interest of that other entity
N/A
  • See chapter 19 for defined terms.

11/3/2002

$\hat{\mathbf{v}}$

$\mathbf{k}^{(2)}$

$\overline{\mathbf{C}}$

$\blacklozenge$

Information contained in the information memorandum Where is the information or document
to be found?
(eg, prospectus cross
reference)
111(c) If the interest was or is as a member or partner
in another entity, a statement of all amounts paid
or agreed to be paid to him or her or the entity in
cash, + securities or otherwise by any + person to
induce him or her to become or to qualify him or
her as, a director, or for services rendered by
him or her or by the entity in connection with
the promotion or formation of the listed entity
N/A
112(a) Full particulars of the nature and extent of any
interest of every expert in the promotion of the
entity, or in the property acquired or proposed to
be acquired by it
N/A
112(b) If the interest was or is as a member or partner
in another entity, the nature and extent of the
interest of that other entity
N/A
112(c) If the interest was or is as a member or partner in
another entity, a statement of all amounts paid or
agreed to be paid to him or her or the entity in
cash, securities or otherwise by any person for
services rendered by him or her or by the entity in
connection with the promotion or formation of the
listed entity
N/A
113 A statement that ASX does not take any
responsibility for the contents of the information
memorandum
N/A
114 A statement that the fact that ASX may admit the
entity to its *official list is not to be taken in any
way as an indication of the merits of the entity
N/A
115 If the information memorandum includes a
statement claiming to be made by an expert or
based on a statement made by an expert, a
statement that the expert has given, and has not
withdrawn, consent to the issue of the information
memorandum with the particular
statement
included in its form and context
N/A

$+$ See chapter 19 for defined terms.

Where is the information or document to be found? (eg, prospectus cross reference)

116 A statement that the entity has not raised any capital
for the 3 months before the date of issue of the
information memorandum and will not need to raise
any capital for 3 months after the date of issue of the
information memorandum
N/A
117 statement that a supplementary information
$\mathsf{A}$
memorandum will be issued if the entity becomes
+ aware of any of the following between the issue of
the information memorandum and the date the
entity's +securities are +quoted or reinstated.
statement in the information
material
$\mathsf{A}$
memorandum is misleading or deceptive.
There is a material omission from the information
memorandum.
There has been a significant change affecting a
٠
matter included in the information memorandum.
A significant new circumstance has arisen and it
would have been required to be included in the
information memorandum
N/A

Information contained in the supplementary information memorandum

118 Ιf
memorandum:
there is a supplementary information N/A
• Correction of any deficiency.
matter. • Details of any material omission, change or new
• A prominent statement that it is a supplementary
information memorandum.
• The signature of every director, or proposed
director, of the entity personally or by a + person
authorised in writing by the director (in the case
of a trust, director of the responsible entity).
٠ memorandum is signed. The date the supplementary information

Evidence if supplementary information memorandum is issued

119 $\Box$ Evidence that the supplementary information $N/A$
memorandum accompanied every copy of the
information memorandum issued after the date of the
supplementary information memorandum.

$\overline{\phantom{a}}$

<sup>+ See chapter 19 for defined terms.

Other information

All entities

Where is the information or document to be found? (eg, prospectus cross reference)

120 Evidence that the supplementary information
memorandum was sent to every *person who
was sent an information memorandum
N/A
121 Details of any material contracts entered into
between the entity and any of its directors (if a
trust, the directors of the responsible entity)
Refer prospectus 11.2 Summary of
Material Contracts agreements set out
in attachment in respect of question 54
and attached in respect of question 121.
122 A copy of every disclosure document or Product
issued.
and
every
Statement
Disclosure
information memorandum circulated, in the last
5 years
None other than current prospectus
123 Information not covered elsewhere and which,
in terms of rule 3.1, is likely materially to affect
the price or value of the entity's *securities
None known
123A The documents which would have been required
to be given to ASX under rules 4.1, 4.2, 4.3, 4.5,
5.1, 5.2 and 5.3 had the entity been admitted to
the + official list at the date of its application for
admission, unless ASX agrees otherwise.
Example: ASX may agree otherwise if the entity was recently
incorporated.
None noted

Mining exploration entities

124

A map or maps of the mining tenements prepared by a qualified +person. The maps must indicate the geology and other pertinent features of the tenements, including their extent and location in relation to a capital city or major town, and relative to any nearby properties which have a significant bearing on the potential of the tenements. The maps must be dated and identify the qualified +person and the report to which they relate.

Independent Refer Prospectus – Geologist Report

$125$ Deleted 1/7/97

$\mathcal{A}$

<sup>+ See chapter 19 for defined terms.

Where is the information or document to be found? (eg, prospectus cross reference)

126 A schedule of imining tenements prepared by a
The schedule must state in
qualified person.
relation to each + mining tenement:
the geographical area where the "mining tenement"
is situated:
the nature of the title to the + mining tenement;
whether the title has been formally confirmed or
approved and, if not, whether an application for
confirmation or approval is pending and whether
the application is subject to challenge; and
the + person in whose name the title to the + mining
tenement is currently held.
Refer Prospectus - Independent
Geologist Report and Solicitors Report
127 If the entity has + acquired an interest or entered
into an agreement to + acquire an interest in a
+ mining tenement from any + person, a statement
detailing the date of the + acquisition of the
interest from the vendor and the purchase price
paid and all other consideration (whether legally
enforceable or not) passing (directly or indirectly)
to the vendor.
Only acquisition for the related party
vendor relates to acquisition of Desert
Exploration Pty Ltd for a consideration
of 7.5 million shares
and
options.
details
Acquisition
and
agreement
attached to this application - refer
question 54 for copy of Contract.
128 A financial statement by the directors (if a trust,
the directors of the responsible entity) setting out
a program of expenditure together with a
timetable for completion of an exploration
program in respect of each + mining tenement or,
where appropriate, each group of tenements
10
prospectus
and
Refer
page
$\overline{\phantom{a}}$
independent geological report for detail
breakdown of that expenditure.
129 A declaration of conformity or otherwise with the
Australasian Code for Reporting of Identified
Mineral Resources and Ore Reserves for any
reports on mineral resources and + ore reserves
Refer Independent Geological report by
RSG Global, page 12 of Prospectus.

l,

$\hat{\mathbf{v}}$ $\overline{\phantom{a}}$

$\blacklozenge$

$\blacksquare$

+ See chapter 19 for defined terms.

Part 3 - Agreement

All entities

You must complete this agreement. If you require a seal to be bound, the agreement must be under seal.

We agree:

  • Our admission to the 'official list is in ASX's absolute discretion. ASX may admit us $\mathbf{1}$ on any conditions it decides. "Quotation of our *securities is in ASX's absolute discretion. ASX may quote our 'securities on any conditions it decides. Our removal from the +official list or the suspension or ending of +quotation of our +securities is in ASX's absolute discretion. ASX is entitled immediately to suspend +quotation of our *securities or remove us from the *official list if we break this agreement, but the absolute discretion of ASX is not limited.
  • $\overline{2}$ 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 the *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 601MB(1), 737, 738, 992A, 992AA 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.
  • $\mathfrak{Z}$ 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.
  • $\overline{4}$ 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.

<sup>+ See chapter 19 for defined terms.

  • 5 We will comply with the listing rules that are in force from time to time, even if "quotation of our 'securities is deferred, suspended or subject to a 'trading halt.
  • 6 The listing rules are to be interpreted:
  • in accordance with their spirit, intention and purpose:
  • by looking beyond form to substance; and
  • in a way that best promotes the principles on which the listing rules are based.
  • $\overline{7}$ ASX has discretion to take no action in response to a breach of a listing rule. ASX may also waive a listing rule (except one that specifies that ASX will not waive it) either on our application or of its own accord on any conditions. ASX may at any time vary or revoke a decision on our application or of its own accord.
  • 8 A document given to ASX by an entity, or on its behalf, becomes and remains the property of ASX to deal with as it wishes, including copying, storing in a retrieval system, transmitting to the public, and publishing any part of the document and permitting others to do so. The documents include a document given to ASX in support of the listing application or in compliance with the listing rules.
  • 9 In any proceedings, a copy or extract of any document or information given to ASX is of equal validity in evidence as the original.
  • 10 Except in the case of an entity established in a jurisdiction whose laws have the effect that +CHESS cannot be used for holding legal title to +securities:
  • We will satisfy the +SCH +technical and performance requirements and meet any other requirements *SCH imposes in connection with *CHESS approval of our *securities.
  • When +securities are issued we will enter them in the +CHESS subregister holding of the applicant before they are quoted, if the applicant instructs us on the application form to do so.
  • *SCH is irrevocably authorised to establish and administer a *CHESS subregister in respect of the *securities for which *quotation is sought.
  • 11 Except in the case of an entity established in a jurisdiction whose laws have the effect that +CHESS cannot be used for holding legal title to +securities, we confirm that either:

we have given a copy of this application to +SCH in accordance with section 3 of the SCH Business Rules; or

we ask ASX to forward a copy of this application to +SCH.

$+$ See chapter 19 for defined terms.

  • In the case of an entity established in a jurisdiction whose laws have the effect that 12 *CHESS cannot be used for holding legal title to *securities:
  • SCH is irrevocably authorised to establish and administer a +CHESS $\bullet$ subregister in respect of +CDIs.
  • We will make sure that "CDIs are issued over "securities if the holder of quoted *securities asks for *CDIs.
  • In the case of an entity established in a jurisdiction whose laws have the effect that 13 *CHESS cannot be used for holding legal title to *securities:

we have given a copy of this application to 'SCH in accordance with section 3A of the SCH Business Rules; or

we ask ASX to forward a copy of this application to +SCH.

Dated: 4 November 2003 A1 J John) Viliams

Maraging Director

[Proper execution - if the entity has a seal, execution must be under seal]

$=$ $=$ $=$ $=$ $=$ $=$

$+$ See chapter 19 for defined terms.