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GATEWAY MINING LIMITED — Share Issue/Capital Change 2022
Aug 24, 2022
64999_rns_2022-08-24_07c12737-bf2a-43a0-8329-c01619a9c622.pdf
Share Issue/Capital Change
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Notification of Consolidation/Split
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Announcement Summary
Entity name
GATEWAY MINING LIMITED
Applicable security for the reorganisation
| GML | ORDINARY FULLY PAID |
|---|---|
| GMLAQ | OPTION EXPIRING 19-JUN-2023 EX 3C |
| GMLAT | OPTION EXPIRING 26-AUG-2023 EX 2.4C |
| GMLAA | OPTION EXPIRING 15-DEC-2024 EX $0.03 |
| GMLAR | OPTION EXPIRING 19-JUN-2023 EX 3.5C |
| GMLAS | OPTION EXPIRING 19-JUN-2023 EX 4C |
| GMLAV | OPTION EXPIRING 02-FEB-2024 EX $0.048 |
| GMLAW | OPTION EXPIRING 02-FEB-2024 EX $0.058 |
| GMLAK | OPTION EXPIRING 12-NOV-2022 EX 3C |
| GMLAU | OPTION EXPIRING 02-FEB-2024 EX $0.038 |
| GMLAL | OPTION EXPIRING 12-NOV-2022 EX 3.5C |
| GMLAM | OPTION EXPIRING 12-NOV-2022 EX 4C |
| GMLAX | OPTION EXPIRING 12-MAY-2024 EX $0.038 |
| GMLAY | OPTION EXPIRING 12-MAY-2024 EX $0.048 |
| GMLAZ | OPTION EXPIRING 12-MAY-2024 EX $0.058 |
Announcement Type
Update to previous announcement
Date of this announcement
25/8/2022
Notification of Consolidation/Split
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Notification of Consolidation/Split
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Reason for the Update
Update number of shares and options on issue post consolidation from estimate figures to actual figures following consideration of fractional rounding. Update to confirm shareholder approval obtained.
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
GATEWAY MINING LIMITED
1.2 Registered Number Type Registration Number ACN 008402391
1.3 ASX issuer code
GML
1.4 The announcement is
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Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Update number of shares and options on issue post consolidation from estimate figures to actual figures following consideration of fractional rounding. Update to confirm shareholder approval obtained.
1.4b Date of previous announcement(s) to this update
18/7/2022
1.5 Date of this announcement
25/8/2022
1.6 Securities affected by the consolidation or split
| ASX +Security Code | ASX +Security Description |
|---|---|
| GML | ORDINARY FULLY PAID |
| GMLAQ | OPTION EXPIRING 19-JUN-2023 EX 3C |
| GMLAT | OPTION EXPIRING 26-AUG-2023 EX 2.4C |
| GMLAA | OPTION EXPIRING 15-DEC-2024 EX $0.03 |
| GMLAR | OPTION EXPIRING 19-JUN-2023 EX 3.5C |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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| GMLAS | OPTION EXPIRING 19-JUN-2023 EX 4C | |
|---|---|---|
| GMLAV | OPTION EXPIRING 02-FEB-2024 EX $0.048 | |
| GMLAW | OPTION EXPIRING 02-FEB-2024 EX $0.058 | |
| GMLAK | OPTION EXPIRING 12-NOV-2022 EX 3C | |
| GMLAU | OPTION EXPIRING 02-FEB-2024 EX $0.038 | |
| GMLAL | OPTION EXPIRING 12-NOV-2022 EX 3.5C | |
| GMLAM | OPTION EXPIRING 12-NOV-2022 EX 4C | |
| GMLAX | OPTION EXPIRING 12-MAY-2024 EX $0.038 | |
| GMLAY | OPTION EXPIRING 12-MAY-2024 EX $0.048 | |
| GMLAZ | OPTION EXPIRING 12-MAY-2024 EX $0.058 | |
| Part | 2 - Approvals | |
| 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 | ||
| Another approval/condition external to the entity required to be given/met before business day 0 of the | ||
| timetable for the consolidation or split. | ||
| Yes |
2.2 Approvals
| Approval/Condition | Date for determination | Is the date estimated or | Approval |
|---|---|---|---|
| +Security holder approval | 15/8/2022 | actual? | received/condition met? |
| Actual | Yes | ||
| Comments |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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Part 3 - Consolidation or split timetable and details
3.1 +Record date
23/8/2022
3.2 Date of +security holder meeting
15/8/2022
3.2a Effective date of consolidation or split
18/8/2022
3.3 Last day for trading in the pre consolidation or split +securities
19/8/2022
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
22/8/2022
3.5 Record date
23/8/2022
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.
24/8/2022
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)
30/8/2022
3.8 Trading starts on a normal T+2 basis
31/8/2022
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
2/9/2022
Part 4 - Event type and details
4.1 The event is
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+Security consolidation
4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
10
(pre-consolidation) +securities will be consolidated into
1
(post-consolidation) +security (/ies).
Notification of Consolidation/Split
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Notification of Consolidation/Split
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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 | ||
|---|---|---|---|
| GML | ORDINARY FULLY PAID | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Actual |
| 2,260,106,367 | 226,010,961 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAQ | OPTION EXPIRING 19-JUN-2023 EX 3C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 2,833,331 | 283,337 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAT | OPTION EXPIRING 26-AUG-2023 EX 2.4C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 10,000,000 | 1,000,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAA | OPTION EXPIRING 15-DEC-2024 EX $0.03 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 176,470,620 | 17,647,107 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAR | OPTION EXPIRING 19-JUN-2023 EX 3.5C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 3,333,332 | 333,337 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAS | OPTION EXPIRING 19-JUN-2023 EX 4C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 3,333,337 | 333,337 |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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| ASX +Security Code | ASX +Security Description | ||
|---|---|---|---|
| GMLAV | OPTION EXPIRING 02-FEB-2024 EX $0.048 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 1,933,333 | 193,334 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAW | OPTION EXPIRING 02-FEB-2024 EX $0.058 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 1,933,334 | 193,334 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAK | OPTION EXPIRING 12-NOV-2022 EX 3C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 4,000,000 | 400,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAU | OPTION EXPIRING 02-FEB-2024 EX $0.038 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 1,933,333 | 193,334 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAL | OPTION EXPIRING 12-NOV-2022 EX 3.5C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 3,000,000 | 300,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAM | OPTION EXPIRING 12-NOV-2022 EX 4C | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 3,000,000 | 300,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAX | OPTION EXPIRING 12-MAY-2024 EX $0.038 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 11,000,000 | 1,100,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAY | OPTION EXPIRING 12-MAY-2024 EX $0.048 | ||
| Quoted/unquoted | Estimate/Actual |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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| Unquoted | Number on issue pre | Number on issue post | Actual |
|---|---|---|---|
| consolidation or split | consolidation or split | ||
| 11,000,000 | 1,100,000 | ||
| ASX +Security Code | ASX +Security Description | ||
| GMLAZ | OPTION EXPIRING 12-MAY-2024 EX $0.058 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 11,000,000 | 1,100,000 |
5.2 Exercise price of options
| ASX +Security Code | ASX +Security Description | |
|---|---|---|
| GMLAQ | OPTION EXPIRING 19-JUN-2023 EX 3C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03000000 | 0.30000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAT | OPTION EXPIRING 26-AUG-2023 EX 2.4C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.02400000 | 0.24000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAA | OPTION EXPIRING 15-DEC-2024 EX $0.03 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03000000 | 0.30000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAR | OPTION EXPIRING 19-JUN-2023 EX 3.5C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03500000 | 0.35000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAS | OPTION EXPIRING 19-JUN-2023 EX 4C | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.04000000 | 0.40000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAV | OPTION EXPIRING 02-FEB-2024 EX $0.048 |
Quoted/unquoted
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Notification of Consolidation/Split
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Notification of Consolidation/Split
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| Unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
|---|---|---|
| split | split | |
| 0.04800000 | 0.48000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAW | OPTION EXPIRING 02-FEB-2024 EX | $0.058 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.05800000 | 0.58000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAK | OPTION EXPIRING 12-NOV-2022 EX | 3C |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03000000 | 0.30000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAU | OPTION EXPIRING 02-FEB-2024 EX | $0.038 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03800000 | 0.38000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAL | OPTION EXPIRING 12-NOV-2022 EX | 3.5C |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03500000 | 0.35000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAM | OPTION EXPIRING 12-NOV-2022 EX | 4C |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.04000000 | 0.40000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAX | OPTION EXPIRING 12-MAY-2024 EX | $0.038 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03800000 | 0.38000000 | |
| ASX +Security Code | ASX +Security Description | |
| GMLAY | OPTION EXPIRING 12-MAY-2024 EX | $0.048 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.04800000 | 0.48000000 |
Notification of Consolidation/Split
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Notification of Consolidation/Split
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| ASX +Security Code | ASX +Security Description | ||
|---|---|---|---|
| GMLAZ | OPTION EXPIRING 12-MAY-2024 EX | $0.058 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or | |
| Unquoted | split | split | |
| 0.05800000 | 0.58000000 | ||
| Part | 6 - Further information |
6.1 Further information relating to the consolidation or split
See Notice of Extraordinary Meeting released on 18 July 2022 and subsequent announcement released to market for further details.
6.2 Additional information for inclusion in the Announcement Summary
Notification of Consolidation/Split
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