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IONIC RARE EARTHS LIMITED — Share Issue/Capital Change 2025
Dec 4, 2025
65151_rns_2025-12-04_5bd61ccf-c59e-4bc7-af0f-6562cc440ba6.pdf
Share Issue/Capital Change
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Appendix 3A.3 - Notification of security consolidation or split
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Announcement Summary
Entity name
IONIC RARE EARTHS LIMITED
Applicable security for the reorganisation
| IXR | ORDINARY FULLY PAID |
|---|---|
| IXRAU | OPTION EXPIRING 26-JUN-2028 EX $0.02 |
| IXRAD | OPTION EXPIRING 15-DEC-2027 EX $0.011 |
| IXRAT | PERFORMANCE RIGHTS |
| IXRAC | OPTION EXPIRING 30-NOV-2026 EX $0.0315 |
| IXRO | OPTION EXPIRING 30-SEP-2028 |
Announcement Type
Update to previous announcement
Date of this announcement
5/12/2025
Reason for the Update
Consolidation completed on 5 December 2025
Additional Information
Consolidation approved by shareholders at AGM held 28 November 2025
Refer to below for full details of the announcement
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Appendix 3A.3 - Notification of security consolidation or split
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Announcement Details
Part 1 - Entity and announcement details
1.1 Name of +Entity
IONIC RARE EARTHS LIMITED
1.2 Registered Number Type
Registration Number
ABN 84083646477
1.3 ASX issuer code
IXR
1.4 The announcement is
Update/amendment to previous announcement
1.4a Reason for update to a previous announcement
Consolidation completed on 5 December 2025
1.4b Date of previous announcement(s) to this update
28/11/2025
1.5 Date of this announcement
5/12/2025
1.6 Securities affected by the consolidation or split
ASX +Security Code ASX +Security Description
IXR ORDINARY FULLY PAID IXRAU OPTION EXPIRING 26-JUN-2028 EX $0.02 IXRAD OPTION EXPIRING 15-DEC-2027 EX $0.011 IXRAT PERFORMANCE RIGHTS IXRAC OPTION EXPIRING 30-NOV-2026 EX $0.0315 IXRO OPTION EXPIRING 30-SEP-2028
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
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Appendix 3A.3 - Notification of security consolidation or split
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-
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 actual? received/condition met? +Security holder approval 28/11/2025 Actual Yes
Comments
Consolidation approved by shareholders at AGM held 28 November 2025
Part 3 - Consolidation or split timetable and details
3.1 +Record date
4/12/2025
3.2 Date of +security holder meeting
28/11/2025
3.2a Effective date of consolidation or split
1/12/2025
3.3 Last day for trading in the pre consolidation or split +securities
2/12/2025
3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.
3/12/2025
3.5 Record date
4/12/2025
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.
5/12/2025
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) 11/12/2025
3.8 Trading starts on a normal T+2 basis
12/12/2025
3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis
16/12/2025
Part 4 - Event type and details
+Security consolidation
4.1 The event is
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Appendix 3A.3 - Notification of security consolidation or split
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4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
30
(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 consolidation or split
5.1 +Securities on issue before and after the consolidation or split
| ASX +Security Code | ASX +Security Description | ||
|---|---|---|---|
| IXR | ORDINARY FULLY PAID | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Quoted | consolidation or split | consolidation or split | Actual |
| 6,733,131,483 | 224,974,672 | ||
| ASX +Security Code | ASX +Security Description | ||
| IXRAU | OPTION EXPIRING 26-JUN-2028 EX $0.02 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 337,307,690 | 11,243,616 | ||
| ASX +Security Code | ASX +Security Description | ||
| IXRAD | OPTION EXPIRING 15-DEC-2027 EX $0.011 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 207,168,541 | 6,816,399 | ||
| ASX +Security Code | ASX +Security Description | ||
| IXRAT | PERFORMANCE RIGHTS | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Actual |
| 130,000,000 | 8,050,007 | ||
| ASX +Security Code | ASX +Security Description | ||
| IXRAC | OPTION EXPIRING 30-NOV-2026 EX $0.0315 | ||
| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
| Unquoted | consolidation or split | consolidation or split | Estimated |
| 20,000,000 | 666,668 | ||
| ASX +Security Code | ASX +Security Description | ||
| IXRO | OPTION EXPIRING 30-SEP-2028 |
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Appendix 3A.3 - Notification of security consolidation or split
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| Quoted/unquoted | Number on issue pre | Number on issue post | Estimate/Actual |
|---|---|---|---|
| Quoted | consolidation or split | consolidation or split | Actual |
| 1,021,366,450 | 34,046,220 |
5.2 Exercise price of options
| ASX +Security Code | ASX +Security Description | |
|---|---|---|
| IXRAU | OPTION EXPIRING 26-JUN-2028 EX | $0.02 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.02000000 | 0.60000000 | |
| ASX +Security Code | ASX +Security Description | |
| IXRAD | OPTION EXPIRING 15-DEC-2027 EX | $0.011 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.01100000 | 0.33000000 | |
| ASX +Security Code | ASX +Security Description | |
| IXRAT | PERFORMANCE RIGHTS | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.00000000 | 0.00000000 | |
| ASX +Security Code | ASX +Security Description | |
| IXRAC | OPTION EXPIRING 30-NOV-2026 EX | $0.0315 |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Unquoted | split | split |
| 0.03150000 | 0.94500000 | |
| ASX +Security Code | ASX +Security Description | |
| IXRO | OPTION EXPIRING 30-SEP-2028 | |
| Quoted/unquoted | Exercise price pre consolidation or | Exercise price post consolidation or |
| Quoted | split | split |
| 0.02500000 | 0.75000000 |
Part 6 - Further information
6.1 Further information relating to the consolidation or split
Refer Notice of Annual General Meeting issued 29 October 2025
6.2 Additional information for inclusion in the Announcement Summary
Consolidation approved by shareholders at AGM held 28 November 2025
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