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CORAZON MINING LIMITED — Share Issue/Capital Change 2020
Dec 15, 2020
64747_rns_2020-12-15_d2e9d490-4c6e-4c5a-9911-30120ced52d4.pdf
Share Issue/Capital Change
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Notification of Consolidation/Split
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Announcement Summary
Entity name
CORAZON MINING LIMITED
Applicable security for the reorganisation
| CZN | ORDINARY FULLY PAID |
|---|---|
| CZNO | OPTION EXPIRING 10-JUL-2022 |
| CZNAJ | OPTION EXPIRING 10-JUL-2022 EX 0.7C |
| CZNAU | OPTION EXPIRING 30-JUN-2021 EX 0.35C |
| CZNAT | PERFORMANCE RIGHTS |
Announcement Type
New Announcement
Date of this announcement
Wednesday December 16, 2020
Reorganisation type
Security consolidation
Trading in the post consolidation or split +securities commences on a deferred settlement basis Monday January 25, 2021
Record Date
Wednesday January 27, 2021
Issue Date
Wednesday February 3, 2021
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
CORAZON MINING LIMITED
1.2 Registered Number Type Registration Number ABN 87112898825
1.3 ASX issuer code
CZN
1.4 The announcement is New announcement
1.5 Date of this announcement
Wednesday December 16, 2020
1.6 Securities affected by the consolidation or split
ASX +Security Code ASX +Security Description CZN ORDINARY FULLY PAID CZNO OPTION EXPIRING 10-JUL-2022 CZNAJ OPTION EXPIRING 10-JUL-2022 EX 0.7C CZNAU OPTION EXPIRING 30-JUN-2021 EX 0.35C CZNAT PERFORMANCE RIGHTS
Part 2 - Approvals
Notification of Consolidation/Split
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Notification of Consolidation/Split
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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
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Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.
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Yes
2.2 Approvals
Approval/Condition Date for determination Is the date estimated or Approval actual? received/condition met? +Security holder approval Thursday January 21, 2021 Actual
Comments
Part 3 - Consolidation or split timetable and details
3.1 +Record date
Wednesday January 27, 2021
3.2 Date of +security holder meeting
Thursday January 21, 2021
3.2a Effective date of consolidation or split
Thursday January 21, 2021
3.3 Last day for trading in the pre consolidation or split +securities
Friday January 22, 2021
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
Monday January 25, 2021
3.5 Record date
Wednesday January 27, 2021
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.
Thursday January 28, 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) Wednesday February 3, 2021
3.8 Trading starts on a normal T+2 basis
Thursday February 4, 2021
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Notification of Consolidation/Split
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3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Monday February 8, 2021
Part 4 - Event type and details 4.1 The event is +Security consolidation 4.1a Consolidation ratio: the +securities will be consolidated on the basis that every 20 (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 | ||
|---|---|---|---|
| CZN | ORDINARY FULLY PAID | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Estimated |
| 3,253,359,145 | 162,667,957 | ||
| ASX +Security Code | ASX +Security Description | ||
| CZNO | OPTION EXPIRING 10-JUL-2022 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Estimated |
| 529,630,094 | 26,481,505 | ||
| ASX +Security Code | ASX +Security Description | ||
| CZNAJ | OPTION EXPIRING 10-JUL-2022 EX 0.7C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 5,000,000 | 250,000 |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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| ASX +Security Code | ASX +Security Description | |||
|---|---|---|---|---|
| CZNAU | OPTION EXPIRING 30-JUN-2021 EX 0.35C | |||
| Quoted/unquoted | Number on issue pre | Number | on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated | |
| 838,963,191 | 41,948,160 | |||
| ASX +Security Code | ASX +Security Description | |||
| CZNAT | PERFORMANCE RIGHTS | |||
| Quoted/unquoted | Number on issue pre | Number | on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated | |
| 10,000,000 | 500,000 | |||
| 5.2 Exercise price of options | ||||
| ASX +Security Code | ASX +Security Description | |||
| CZNO | OPTION EXPIRING 10-JUL-2022 | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Quoted | split | split | ||
| 0.00700000 | 0.14000000 | |||
| ASX +Security Code | ASX +Security Description | |||
| CZNAJ | OPTION EXPIRING 10-JUL-2022 EX 0.7C | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Unquoted | split | split | ||
| 0.00700000 | 0.14000000 | |||
| ASX +Security Code | ASX +Security Description | |||
| CZNAU | OPTION EXPIRING 30-JUN-2021 EX 0.35C | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Unquoted | split | split | ||
| 0.00350000 | 0.07000000 | |||
| ASX +Security Code | ASX +Security Description | |||
| CZNAT | PERFORMANCE RIGHTS | |||
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | ||
| Unquoted | split | split | ||
| 0.00000000 | 0.00000000 |
Part 6 - Further information
6.1 Further information relating to the consolidation or split
Notification of Consolidation/Split
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Notification of Consolidation/Split
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6.2 Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split
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