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GREEN360 TECHNOLOGIES LIMITED — Capital/Financing Update 2020
Aug 4, 2020
65020_rns_2020-08-04_b4061dc2-51fb-4399-bec5-bf046440cdc9.pdf
Capital/Financing Update
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ASX Announcement
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STATEMENT OF CAPITAL STRUCTURE
The capital structure of the Company following completion of the Acquisitions and the issue of securities pursuant to the replacement prospectus dated 25 June 2020 ( Prospectus ) is set out below, as further set out in the Prospectus.
Capitalised terms in this announcement have the same meaning as set out in the Prospectus unless the context otherwise requires.
SHARES
| Full Subscription | ||
|---|---|---|
| ($5,000,000) | ||
| Shares on issue at date of Prospectus | 112,338,245 | |
| Cancellation of ETV Shares | (3,000,000) | |
| Shares issued for the Acquisition of Watershed | 75,000,000 | |
| Shares issued for the Acquisition of Mt Marshall | 75,000,000 | |
| Shares issued pursuant to the Public Offer | 250,000,000 | |
| Proposed Director Shares | 7,419,677 | |
| Mt Marshall Loan Shares | 8,750,000 | |
| TOTAL | 525,507,922 |
OPTIONS
| Options | Number | |
|---|---|---|
| Options on issue at date of Prospectus | 5,166,670 | |
| Director Options | 11,250,000 | |
| Lead Manager Options | 45,616,903 | |
| Advisor Options | 45,000,000 | |
| TOTAL | 107,033,573 |
Suvo Strategic Minerals | Level 10, 182 St Georges Terrace Perth WA 6000
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ASX Announcement
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PERFORMANCE RIGHTS
| Performance Rights | Number |
|---|---|
| Performance Rights on issue at date of Prospectus | |
| Performance Rights | 40,000,000 |
| TOTAL | 40,000,000 |
RESTRICTED SECURITIES
The Company confirms that following reinstatement to quotation of the Company’s securities on the ASX, the following securities will be subject to restriction pursuant to the ASX Listing Rules for the period outlined below.
| Class | Number | Restriction Period |
|---|---|---|
| Shares | 63,800,000 | 12 months from date of issue |
| Shares | 93,619,677 | 24 months from date of quotation |
| Options | 101,866,903 | 24 months from date of quotation |
| Performance Rights | 40,000,000 | 24 months from date of quotation |
Authorised by Justyn Stedwell Company Secretary 03 8395 5446
Suvo Strategic Minerals | Level 10, 182 St Georges Terrace Perth WA 6000
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