IONDRIVE LIMITED — Regulatory Filings 2021

Sep 15, 2021

Notification of cessation of +securities

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Announcement Summary

Entity name SOUTHERN GOLD LIMITED

Announcement Type

New announcement

Date of this announcement

Thursday September 16, 2021

Details of +securities that have ceased

		Number of
ASX +security		+securities that	The +securities have	Date of
code	Security description	have ceased	ceased due to	cessation
SAUAD	OPTION EXPIRING	900,000	Cancellation by agreement	16/09/2021
	VARIOUS DATES EX		between the entity and the
	VARIOUS PRICES		holder
SAUAT	OPTION EXPIRING	400,000	Lapse of conditional right to	16/09/2021
	09-OCT-2023 EX 24C		securities because the
			conditions have not been, or
			have become incapable of
			being, satisfied
SAUAV	OPTION EXPIRING	500,000	Cancellation by agreement	16/09/2021
	19-DEC-2023 EX 24C		between the entity and the
			holder

Refer to next page for full details of the announcement

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 1 - Announcement Details

1.1 Name of +Entity

SOUTHERN GOLD LIMITED

We (the entity named above) provide the following information about our issued capital.

1.2 Registered Number Type

ABN

Registration Number

30107424519

1.3 ASX issuer code

SAU

1.4 The announcement is

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New announcement

1.5 Date of this announcement

16/9/2021

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 2 - Details of +equity securities or +debt securities that have ceased

ASX +Security Code and Description

SAUAT : OPTION EXPIRING 09-OCT-2023 EX 24C

Unquoted +equity securities that have ceased

Number of securities that have ceased

400,000

Reason for cessation

Lapse of conditional right to securities because the conditions have not been, or have become incapable of being, satisfied

Date of cessation Is the entity paying any consideration for the cessation? No 16/9/2021

Any other information the entity wishes to notify to ASX about the cessation?

Employee Share Options

ASX +Security Code and Description

SAUAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES

Unquoted +equity securities that have ceased

Number of securities that have ceased

900,000

Reason for cessation

Cancellation by agreement between the entity and the holder

Date of cessation Is the entity paying any consideration for the cessation? No 16/9/2021

Any other information the entity wishes to notify to ASX about the cessation? Employee Share Options

ASX +Security Code and Description

SAUAV : OPTION EXPIRING 19-DEC-2023 EX 24C

Unquoted +equity securities that have ceased

Notification of cessation of +securities

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Notification of cessation of +securities

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Number of securities that have ceased

500,000

Reason for cessation

Cancellation by agreement between the entity and the holder

Date of cessation Is the entity paying any consideration for the cessation? No 16/9/2021

Any other information the entity wishes to notify to ASX about the cessation?

Employee Share Options

Notification of cessation of +securities

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Notification of cessation of +securities

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Part 3 - Issued capital following changes

Following the cessation of the +securities the subject of this notification, the issued capital of the entity will comprise:

3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)	3.1 Quoted +equity securities and +debt securities (total number of each +class of +securities quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
SAU : ORDINARY FULLY PAID	213,328,756
3.2 Unquoted +equity securities (total number of each +class of +equity securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
SAUAY : PERFORMANCE RIGHTS	10,000,000
SAUAW : OPTION EXPIRING 14-MAY-2024 EX 24C	400,000
SAUAD : OPTION EXPIRING VARIOUS DATES EX VARIOUS PRICES	0
SAUAT : OPTION EXPIRING 09-OCT-2023 EX 24C	3,200,000
SAUAS : OPTION EXPIRING 31-DEC-2021 EX 18C	11,845,676
SAUAE : OPTION EXPIRING 18-OCT-2022 EX $0.18	42,583,385
SAUAF : OPTION EXPIRING 18-OCT-2022 EX $0.16	1,584,100
SAUAV : OPTION EXPIRING 19-DEC-2023 EX 24C	0

Note: the figures stated in the tables above are used to calculate the total market capitalisation of the entity published by ASX from time to time. The table will not include those classes of +securities that have ceased or lapsed in their entirety in ASX records before the announcement date described in Q1.5, even if the entity has advised ASX of a change to that class of +security in Part 2 of this form.

Notification of cessation of +securities

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