EMETALS LIMITED — Share Issue/Capital Change 2018

Aug 21, 2018

X

Notification of Consolidation/Split

Notification of Consolidation/Split

Announcement Summary

Entity name

CORIZON LIMITED

Applicable security for the reorganisation

CIZ	ORDINARY FULLY PAID

Announcement Type

New Announcement

Date of this announcement

Wednesday August 22, 2018

Reorganisation type

Security consolidation

Effective Date

Tuesday September 18, 2018

Record Date

Wednesday September 19, 2018

Issue Date

Wednesday September 26, 2018

Refer to below for full details of the announcement

Announcement Details

Part 1 - Entity and announcement details

1.1 *Name of +Entity

CORIZON LIMITED

1.2 *Registered Number Type

ACN

1.3 *ASX issuer code

CIZ

1.4 *The announcement is

New announcement

1.5 *Date of this announcement

Wednesday August 22, 2018

1.6 *Securities affected by the reorganisation

Registration Number
142411390

Notification of Consolidation/Split

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X

Notification of Consolidation/Split

CIZ

ORDINARY FULLY PAID

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

| Approval/Condition
+Security holder approval | Date for determination
Friday September 14, 2018 | Is the date estimated or actual?
Actual | **Approval received/condition met?
[Select...] |
| --- | --- | --- | --- |
| Comments | | | |
| | | | |

Part 3 - Reorganisation timetable and details

3.1 *+Record date
Wednesday September 19, 2018

3.2 Date of +security holder meeting
Friday September 14, 2018

3.3 Last day for trading in the pre-re-organised +securities
Monday September 17, 2018

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 September 18, 2018

3.5 Record date
Wednesday September 19, 2018

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 September 20, 2018

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 September 26, 2018

Notification of Consolidation/Split

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X

Notification of Consolidation/Split

3.8 Trading starts on a normal T+2 basis
Thursday September 27, 2018

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
Monday October 1, 2018

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
2
(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

| ASX +Security Code
CIZ | ASX +Security
Description
ORDINARY FULLY
PAID | | |
| --- | --- | --- | --- |
| Quoted/unquoted
Quoted | Number on issue
before reorganisation
315,000,000 | Number on issue after
reorganisation
157,500,000 | Estimate/Actual
Actual |

Part 6 - Further information

6.1 Further information relating to the reorganisation

6.2 Additional information for inclusion in the Announcement Summary

Notification of Consolidation/Split