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CLEARVUE TECHNOLOGIES LIMITED — Capital/Financing Update 2023
Oct 22, 2023
64697_rns_2023-10-22_862d42da-adc2-46e9-8f45-f08122c617dd.pdf
Capital/Financing Update
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Application for quotation of +securities
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Announcement Summary
Entity name
CLEARVUE TECHNOLOGIES LIMITED
Announcement Type
New announcement
Date of this announcement
Monday October 23, 2023
The +securities to be quoted are:
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Other
Total number of +securities to be quoted
| ASX +security | Number of +securities to | ||
|---|---|---|---|
| code | Security description | be quoted | Issue date |
| CPV | ORDINARY FULLY PAID | 10,000,000 | 23/10/2023 |
Refer to next page for full details of the announcement
Application for quotation of +securities
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Application for quotation of +securities
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Part 1 - Entity and announcement details
1.1 Name of entity
CLEARVUE TECHNOLOGIES LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 Registered number type
ACN
Registration number 071397487
1.3 ASX issuer code
CPV
1.4 The announcement is
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New announcement
1.5 Date of this announcement
23/10/2023
Application for quotation of +securities
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Application for quotation of +securities
Part 2 - Type of Issue
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2.1 The +securities to be quoted are:
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Other
2.2 The +securities to be quoted are:
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Additional +securities in a class that is already quoted on ASX ("existing class")
2.3c Have these +securities been offered under a +disclosure document or +PDS?
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No
2.3d Please provide any further information needed to understand the circumstances in which you are applying to have these +securities quoted on ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
The Company has placed 10,000,000 CPV Shares (Collateral Shares) from its LR7.1 capacity to Alpha Investment Partners for nil consideration as security for the At The Market Facility (ATM) entered into with Alpha Investment Partners. The ATM provides CPV with up to $30 million of standby equity capital over the next 5 years.
2.4 Any on-sale of the +securities to be quoted within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
Application for quotation of +securities
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Application for quotation of +securities
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Part 3B - number and type of +securities to be quoted (existing class) where issue has not previously been notified to ASX in an Appendix 3B Additional +securities to be quoted in an existing class ASX +security code and description CPV : ORDINARY FULLY PAID Issue date 23/10/2023 Will the +securities to be quoted rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Issue details Number of +securities to be quoted 10,000,000 Are the +securities being issued for a cash consideration? No Please describe the consideration being provided for the +securities See part 2.3d above. Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted 0.000000 Any other information the entity wishes to provide about the +securities to be quoted The Company may at any time cancel the ATM as well as buy back those shares for no consideration (subject to shareholder approval). The purpose(s) for which the entity is issuing the securities To raise additional working capital
Application for quotation of +securities
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Application for quotation of +securities
Part 4 - Issued capital following quotation
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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)
| Total number of | |
|---|---|
| ASX +security code and description | +securities on issue |
| CPV : ORDINARY FULLY PAID | 228,621,757 |
| 4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX) | |
| Total number of | |
| ASX +security code and description | +securities on issue |
| CPVAK : OPTION EXPIRING 30-NOV-2024 EX $0.30 | 3,000,000 |
| CPVAL : OPTION EXPIRING 30-NOV-2025 EX $0.40 | 2,500,000 |
| CPVAM : OPTION EXPIRING 30-NOV-2026 EX $0.50 | 3,000,000 |
| CPVAF : OPTION EXPIRING 11-JUL-2024 EX $0.1425 | 300,000 |
| CPVAH : PERFORMANCE RIGHTS | 10,000,000 |
| CPVAG : OPTION EXPIRING 22-DEC-2023 EX $0.25 | 800,000 |
| CPVAN : OPTION EXPIRING 12-JUL-2027 EX $0.2475 | 3,000,000 |
| CPVAJ : OPTION EXPIRING 02-FEB-2024 EX $0.37 | 3,000,000 |
| CPVAI : OPTION EXPIRING 30-JUN-2024 EX $0.75 | 2,000,000 |
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
Application for quotation of +securities
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Application for quotation of +securities
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Part 5 - Other Listing Rule requirements
5.1 Are the +securities being issued under an exception in Listing Rule 7.2 and therefore the issue does not need any security holder approval under Listing Rule 7.1? No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? No
5.2b Are any of the +securities being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? Yes
5.2b.1 How many +securities are being issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1?
10,000,000 Shares
5.2c Are any of the +securities being issued without +security holder approval using the entity's additional 10% placement capacity under listing rule 7.1A (if applicable)? N/A
Application for quotation of +securities
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