DART MINING NL — Share Issue/Capital Change 2019

Nov 27, 2019

Notification of Consolidation/Split

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Notification of Consolidation/Split

Announcement Summary

Entity name

DART MINING NL

Applicable security for the reorganisation

DTM ORDINARY FULLY PAID DTMAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Announcement Type

New Announcement Date of this announcement Thursday November 28, 2019

Reorganisation type

Security consolidation Effective Date Tuesday December 3, 2019

Record Date Wednesday December 4, 2019

Issue Date

Wednesday December 11, 2019

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity DART MINING NL

Registration Number

1.2 *Registered Number Type

ACN 119904880 1.3 *ASX issuer code DTM

1.4 *The announcement is

New announcement

1.5 *Date of this announcement Thursday November 28, 2019

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1.6 *Securities affected by the reorganisation

DTM ORDINARY FULLY PAID DTMAA OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Part 2 - Approvals

2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable?

• Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval

• FIRB approval

• Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation.

Yes

2.2 Approvals

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Approval/Condition Date for determination Is the date estimated Approval
+Security holder Friday November 29, or actual? received/condition
approval 2019 Actual met?
[Select...]
Comments
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Part 3 - Reorganisation timetable and details

3.1 *+Record date

Wednesday December 4, 2019

3.2 Date of +security holder meeting

Friday November 29, 2019

3.3 Last day for trading in the pre-re-organised +securities

Monday December 2, 2019

3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date.

Tuesday December 3, 2019

3.5 Record date

Wednesday December 4, 2019

3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Thursday December 5, 2019

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3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to

+security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis

Wednesday December 11, 2019

3.8 Trading starts on a normal T+2 basis

Thursday December 12, 2019

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis Monday December 16, 2019

Part 4 - Reorganisation type and details

4.1 *The reorganisation 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 reorganisation

5.1 *+Securities on issue before and after the reorganisation

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ASX +Security Code ASX +Security
DTM Description
ORDINARY FULLY
PAID
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Quoted before reorganisation reorganisation Estimated
1,070,376,136 53,518,807
ASX +Security Code ASX +Security
DTMAA Description
OPTION EXPIRING
VARIOUS DATES EX
VARIOUS PRICES
Quoted/unquoted Number on issue Number on issue after Estimate/Actual
Unquoted before reorganisation reorganisation Estimated
25,000,000 1,250,000
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5.2 *Exercise price of options

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	*ASX +Security Code DTMAA	*ASX +Security Description OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	*ASX +Security Description OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES
	Quoted/unquoted Unquoted	Exercise price before reorganisation AUD 0.00000000	Exercise price after reorganisation AUD 0.40000000
Part 6 - Further information

6.1 Further information relating to the reorganisation

The consolidation is subject to shareholder approval which is being sought at the Annual General Meeting on 29 November 2019.

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split

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