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KINGSROSE MINING LIMITED Share Issue/Capital Change 2012

Apr 4, 2012

65202_rns_2012-04-04_bfb61d51-6ffc-434a-b193-e8882320629a.pdf

Share Issue/Capital Change

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Kingsrose
Mining
Limited

5

April
2012

The
Manager Announcements Company
Announcements
Office Australian
Stock
Exchange
Limited PO
Box
H224
Australia
Square SYDNEY
NSW
2000

Dear
Sir/Madam

Notice Given Under Section 708A(5)(e) of the Corporations Act

Kingsrose
Mining
Ltd
(“the
Company”)
has
issued
1,159,452
fully
paid
ordinary
shares
(“Shares”)
upon
the
exercise of:

  • 1,159,452
    listed
    options
    that
    were
    previously
    issued
    under
    the
    Company’s
    1:2
    Rights
    Issue
    (April
    2008)
    at an
    exercise
    price
    of
    $0.20
    each
    and
    an
    expiry
    date
    of
    31
    December

The
Non
renounceable
rights issue
of
options
was
disclosed
in
the
Company’s
IPO
dated
1
November
2007.

The
above
Shares
have
been
issued
and
are
part
of
a
class
of
securities
quoted
on
ASX
and
may
be
subject
to
a subsequent
offer
for
sale.

The
Company
gives
this
notice
pursuant
to
section
708A(5)(e)
of
the
Corporations
Act.

The
Company
issued
the
Shares
above
without
a
disclosure
document
to
investors
under
Part
6D.2
of
the Corporations
Act.

The
Company,
as
at
the
date
of
this
notice,
has
complied
with:

  • the
    provisions
    of
    Chapter
    2M
    of
    the
    Corporations
    Act;
    and

  • section
    674
    of
    the
    Corporations
    Act.

There
is
no
excluded
information,
as
defined
in
sections
708A(7)
and
708A(8)
of
the
Corporations
Act,
as
at
the
date of
this
notice.

Yours
faithfully

KINGSROSE
MINING
LIMITED

==> picture [91 x 59] intentionally omitted <==

JEANNETTE
P
SMITH COMPANY
SECRETARY

Kingsrose
Mining
Limited ABN
49
112
389
910

Suite
9,
Level
2,
12-­‐14
Thelma
Street West
Perth
Western
Australia
6005

T:
+61
8
9486
1149
F:
+61
8
9486
1151 E: [email protected]

Appendix 3B New issue announcement

0B **Appendix

3B**

Rule
2.7,
3.10.3,
3.10.4,
3.10.5

2B **New

issue
announcement, 3B application
for
quotation
of
additional
securities 4B and
agreement**

_Information
or
documents
not
available
now
must
be
given
to
ASX
as
soon
as
available.

Information
and documents
given
to
ASX
become
ASX’s
property
and
may
be
made
public._ Introduced
1/7/96.
Origin:
Appendix
5.
Amended
1/7/98,
1/9/99,
1/7/2000,
30/9/2001,
11/3/2002,
1/1/2003,
24/10/2005.

Name
of
entity KINGSROSE
MINING
LIMITED

ABN 49
112
389
910

We
(the
entity)
give
ASX
the
following
information.

5B **Part

1
-­‐
All
issues**

You
must
complete
the
relevant
sections
(attach
sheets
if
there
is
not
enough
space).

1
+Class of+securities issued or to be
issued



2
Number of+securities issued or to
be issued (if known) or maximum
number which may be issued



3
Principal terms of the+securities
(eg, if options, exercise price and
expiry
date;
if
partly
paid
+securities, the amount outstanding
and due dates for payment; if
+convertible
securities,
the
conversion price and dates for
conversion)


Ordinary Shares

1,159,452


Exercise Expiry
Price Date

$0.20 31 December 2012

  • See chapter 19 for defined terms.

Appendix 3B Page 2

24/10/2005

Kingsrose

Mining
Limited

  • 4 Do
    the[+] securities
    rank
    equally
    in
    all respects
    from
    the
    date
    of
    allotment Yes with
    an
    existing[+] class
    of
    quoted +securities? If
    the
    additional
    securities
    do
    not rank
    equally,
    please
    state:

  • the
    date
    from
    which
    they
    do

  • • the extent to which they participate
    for
    the
    next
    dividend, (in the case of a trust, distribution)
    or
    interest
    payment

  • • the
    extent
    to
    which
    they
    do
    not rank
    equally,
    other
    than
    in relation
    to
    the
    next
    dividend, distribution
    or
    interest
    payment

  • 5 Issue
    price
    or
    consideration

$0.20 6 Purpose
of
the
issue (If
issued
as
consideration
for
the acquisition
of
assets,
clearly
identify Exercise
of those
assets) 1,159,452
listed
options 7 Dates
of
entering[+] securities
into uncertificated holdings or 4
April
2012 despatch
of
certificates + Number Class 8 Number and +class of all + securities quoted on ASX 278,947,853 Ordinary
shares
KRM ( including the
securities
in
clause 11,577,177 Listed
options
KRMO 2
if
applicable)

  • See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 3

Appendix 3B New issue announcement



9
Number
and
+class
of
all
+securities not quoted on ASX
(_including_the securities in clause
2 if applicable)





10
Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
Number +Class
150,000
1,500,000
75,000
3,000,000
2,000,000
250,000
1,000,000
500,000
8,475,000
KRMAM – Unlisted options (ESOP)
KRMAO – Unlisted options
KRMAK – Unlisted options (ESOP)
KRMAU – Unlisted options (ESOP)
KRMAQ – Unlisted options (ESOP)
KRMAY – Unlisted options (ESOP)
KRMAW – Unlisted options (ESOP)
KRM?? - Unlisted options
TOTAL UNLISTED OPTIONS
On 20 December 2011 the Company announced a
Dividend Policy stating that Kingsrose intends, to the
extend permissible under the Corporations Act and the
Company’s Constitution, to pay an annual dividend to
shareholders,
subject
to
capital
expenditure
requirements, acquisition activity and liquidity needs.
Franking will be subject to the composition of income.

The Policy will periodically be reviewed by the Board to
ensure
it
complies
with
any
applicable
legal
requirements and remains relevant and effective and
may be amended by the Board of Kingsrose by
resolution.

The Policyis not intended to be contractual in nature.

6B **Part

2
-­‐
Bonus
issue
or
pro
rata
issue N/A**

Part 2 - Bonus issue or pro rata issue
N/A
11
Is
security
holder
approval
required?



12
Is the issue renounceable or non-
renounceable?


13
Ratio in which the+securities will
be offered


14
+Class of+securities to which the
offer relates


15
+Record
date
to
determine
entitlements


16
Will holdings on different registers
(or subregisters) be aggregated for
calculating entitlements?


  • See chapter 19 for defined terms.

Appendix 3B Page 4

24/10/2005

Kingsrose

Mining
Limited

17
Policy for deciding entitlements in
relation to fractions



18
Names of countries in which the
entity has+security holders who
will
not
be
sent
new
issue
documents
Note: Security holders must be told how their
entitlements are to be dealt with.
Cross reference: rule 7.7.


19
Closing
date
for
receipt
of
acceptances or renunciations


20
Names of any underwriters




21
Amount of any underwriting fee or
commission


22
Names of any brokers to the issue




23
Fee or commission payable to the
broker to the issue


24
Amount
of
any
handling
fee
payable to brokers who lodge
acceptances or renunciations on
behalf of+security holders


25
If the issue is contingent on
+security holders’ approval, the
date of the meeting


26
Date entitlement and acceptance
form and prospectus or Product
Disclosure Statement will be sent
to persons entitled


27
If the entity has issued options, and
the terms entitle option holders to
participate on exercise, the date on
which notices will be sent to option
holders


28
Date rights trading will begin (if
  • See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 5

Appendix 3B New issue announcement

applicable)


29
Date rights trading will end (if
applicable)




30
How do+security holders sell their
entitlements_in full_through a
broker?


31
How do+security holders sell_part_
of their entitlements through a
broker and accept for the balance?


32 How
do[+] security
holders
dispose of
their
entitlements
(except
by sale
through
a
broker)? 33 +Despatch
date

7B **Part

3
-­‐
Quotation
of
securities**

1 You
need
only
complete
this
section
if
you
are
applying
for
quotation
of
securities

34 Type
of
securities ( tick
one
)

(a) YES Securities
described
in
Part
1

(b) All
other
securities Example:
restricted
securities
at
the
end
of
the
escrowed
period,
partly
paid
securities
that
become
fully
paid,
employee 8B incentive
share
securities
when
restriction
ends,
securities
issued
on
expiry
or
conversion
of
convertible
securities

**Entities

that
have
ticked
box
34(a)**

1 **Additional

securities
forming
a
new
class
of
securities**

Tick
to
indicate
you
are
providing
the
information
or documents

  • 35[If
    the
    ] additional[+][securities
    are
    ][+] securities,
    and
    the
    number
    and
    percentage
    of
    additional[+][equity
    securities,
    the
    names
    of
    the
    20
    largest
    holders
    of
    the
    ][+] securities
    held by
    those
    holders

36 +[If
the
] securities
setting
out
the
number
of
holders
in
the
categories[+][securities
are
][+][equity
securities,
a
distribution
schedule
of
the
additional
] 1
-­‐
1,000 1,001
-­‐
5,000

  • See chapter 19 for defined terms.

Appendix 3B Page 6

24/10/2005

Kingsrose

Mining
Limited

5,001
-­‐
10,000 10,001
-­‐
100,000 100,001
and
over 37[A
copy
of
any
trust
deed
for
the
additional
][+][securities
]

9B **Entities

that
have
ticked
box
34(b)**

==> picture [407 x 480] intentionally omitted <==

----- Start of picture text -----

38
Number
of
securities
for
which
+quotation
is
sought
39
Class
of
+securities
for
which
quotation
is
sought
40
Do
the
[+] securities
rank
equally
in
all
respects
from
the
date
of
allotment
with
an
existing
[+] class
of
quoted
+securities?
If
the
additional
securities
do
not
rank
equally,
please
state:

the
date
from
which
they
do

the
extent
to
which
they
participate
for
the
next
dividend,
(in
the
case
of
a
trust,
distribution)
or
interest
payment

the
extent
to
which
they
do
not
rank
equally,
other
than
in
relation
to
the
next
dividend,
distribution
or
interest
payment
41
Reason
for
request
for
quotation
now
Example:
In
the
case
of
restricted
securities,
end
of
restriction
period
on
conversion
of
another
security,
clearly
identify
that
other
security)
+
Number
Class
42
Number
and
[+] class
of
all
[+] securities
quoted
on
ASX
( including
the
securities
in
clause
38)
----- End of picture text -----

**Quotation

agreement**

    • 1 Quotation
      of
      our
      additional securities
      is
      in
      ASX’s
      absolute
      discretion.

ASX
may quote
the[+] securities
on
any
conditions
it
decides.

  • See chapter 19 for defined terms.

24/10/2005 Appendix 3B Page 7

Appendix 3B New issue announcement

2 We
warrant
the
following
to
ASX.

  • The
    issue
    of
    the[+] securities
    to
    be
    quoted
    complies
    with
    the
    law
    and
    is
    not for
    an
    illegal
    purpose.

  • There
    is
    no
    reason
    why
    those[+] securities
    should
    not
    be
    granted[+] quotation.

  • An
    offer
    of
    the[+] securities
    for
    sale
    within
    12
    months
    after
    their
    issue
    will not
    require
    disclosure
    under
    section
    707(3)
    or
    section
    1012C(6)
    of
    the Corporations
    Act.

    • Note:
      An
      entity
      may
      need
      to
      obtain
      appropriate
      warranties
      from
      subscribers
      for
      the
      securities
      in
      order
      to
      be
      able
      to give
      this
      warranty
  • Section
    724
    or
    section
    1016E
    of
    the
    Corporations
    Act
    does
    not
    apply
    to
    any applications
    received
    by
    us
    in
    relation
    to
    any[+] securities
    to
    be
    quoted
    and that
    no-­‐one
    has
    any
    right
    to
    return
    any[+] securities
    to
    be
    quoted
    under sections
    737,
    738
    or
    1016F
    of
    the
    Corporations
    Act
    at
    the
    time
    that
    we request
    that
    the[+] securities
    be
    quoted.

  • If
    we
    are
    a
    trust,
    we
    warrant
    that
    no
    person
    has
    the
    right
    to
    return
    the + securities
    to
    be
    quoted
    under
    section
    1019B
    of
    the
    Corporations
    Act
    at

  • the
    time
    that
    we
    request
    that
    the[+] securities
    be
    quoted.

  • 3 We
    will
    indemnify
    ASX
    to
    the
    fullest
    extent
    permitted
    by
    law
    in
    respect
    of
    any claim,
    action
    or
    expense
    arising
    from
    or
    connected
    with
    any
    breach
    of
    the warranties
    in
    this
    agreement.

  • 4 We
    give
    ASX
    the
    information
    and
    documents
    required
    by
    this
    form.

If
any information
or
document
not
available
now,
will
give
it
to
ASX
before[+] quotation
of the[+] securities
begins.
We
acknowledge
that
ASX
is
relying
on
the
information
and documents.
We
warrant
that
they
are
(will
be)
true
and
complete.

Sign
here:

==> picture [129 x 83] intentionally omitted <==

(Company
Secretary) Print
name: JEANNETTE
P
SMITH Date: 5
April
2012

== == == == ==

  • See chapter 19 for defined terms.

Appendix 3B Page 8

24/10/2005