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CAVALIER RESOURCES LIMITED Capital/Financing Update 2022

Jun 14, 2022

64731_rns_2022-06-14_41f93e08-37ea-49a9-bec9-b6c5312aa4f9.pdf

Capital/Financing Update

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Market Announcement

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15 June 2022

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Cavalier Resources Limited (ASX: CVR) – Admission and Quotation

Description

Cavalier Resources Limited (‘CVR’) was admitted to the Official List of ASX on Wednesday, 15 June 2022.

The securities of CVR will commence quotation at 11:00 AM AEST on Friday, 17 June 2022.

CVR raised $5,000,000 pursuant to the offer under its prospectus dated 4 April 2022 by the issue of 25,000,000 shares at an issue price of $0.20 per share.

Quotation information

Quoted securitiesFully paid ordinary shares: 30,389,050 Quoted securitiesFully paid ordinary shares: 30,389,050 Quoted securitiesFully paid ordinary shares: 30,389,050 Quoted securitiesFully paid ordinary shares: 30,389,050 Quoted securitiesFully paid ordinary shares: 30,389,050
ASX codeFully paid ordinary shares: CVR
Time11:00 AM AEST
e 11:00 AM AEST
Dat e Friday, 17 June 2022
AS X trade a bbreviationCAVALIER
ISIN Fully paid ordinary shares: AU00002 17655
Reg istered fficeCavalier Resources Limited
Address: Level 2, 22 Mount Street, PPhone: +61 8 6188 8181Email: [email protected]. erth WA 6000au
Co mpany se cretaryMr Damon Cox
Sha re Regis tryAutomic GroupAdd Ll 5 191 St G’ T Pth WA 6000
ress: eve , eorges rrace. er
Phone: 1300 288 664Email: [email protected]
Bal ance dat e30 June
CH ESS Participating. CHESS and Issuer Spon sored.
Pla ce of inc orporationWestern Australia
Div idend po licySee section 5.10 of the Prospectus
Act ivities Mineral exploration
Lead managerSanlam Private Wealth Pty LtdDalton Equities d manag erSanlam Private Wealth Pty Ltd
Underwritern/a

Market Announcement 1/2 ASX Customer Service Centre 131 279 | asx.com.au

15 June 2022 ASX Limited

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ASX restricted securities 11,552,750 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 17 June 2024, being 24 months from the date of Quotation. 15,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 14 December 2022, being 12 months from the date of issue. 1,075,000 fully paid ordinary shares classified by ASX as restricted securities and to be held in escrow until 14 June 2023, being 12 months from the date of issue. 4,000,000 options exercisable at $0.30 on or before 14 June 2026, classified by ASX as restricted securities and to be held in escrow until 17 June 2024, being 24 months from the date of Quotation. 4,000,000 performance rights, classified by ASX as restricted securities and to be held in escrow until 17 June 2024, being 24 months from the date of Quotation. Other securities not quoted n/a

What do I need to do and by when?

For further information, please refer to CVR’s Prospectus.

Need more information?

For further information, please call +61 8 6188 8181.

Disclaimer

Please refer to the following disclaimer.

Issued by

Sandra Wutete

Principal Adviser, Listings Compliance (Perth)

Market Announcement 2/2

15 June 2022