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MINREX RESOURCES LIMITED — Share Issue/Capital Change 2022
Feb 24, 2022
65375_rns_2022-02-24_0892771b-0fc3-423f-8e85-3e99b21cb018.pdf
Share Issue/Capital Change
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ASX Code: MRR
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25 FEBRUARY 2022
ASX RELEASE
NOTICE UNDER SECTION 708A(5) OF THE CORPORATIONS ACT
2001
This notice is given by MinRex Resources Limited (ASX: MRR) ( ‘MinRex’ or the ‘Company’ ) in relation to the total issue of 55,857,500 fully paid ordinary shares ( Shares ) as a result of the following:
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-40,000,000 issue of consideration shares pursuant to the Abeh Acquisition;
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-10,000,000 issue of consideration shares pursuant to Pilbara Lithium Rights Acquisition; and
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-5,857,500 issue of shares for introducing the Odette and Abeh Acquisitions;
otherwise pursuant to the Appendices 2A released to the market today.
The Corporations Act 2001 (Cth) ( Act ) restricts the on-sale of securities issued without disclosure unless the sale is exempt under section 708 or 708A of the Act. By giving this notice, the Shares will fall within the exemption in section 708A(5) of the Act.
Pursuant to section 708A(5)(e) of the Act the Company gives notice that:
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a. the Shares were issued without disclosure to investors under Part 6D.2 of the Act;
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b. the Company is providing this notice under paragraph (5)(e) of section 708A of the Act;
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c. as at the date of this notice, the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company;
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d. as at the date of this notice, the Company has complied with section 674 of the Act; and
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e. as at the date of this notice, there is no information:
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i. that has been excluded from a continuous disclosure notice in accordance with the ASX Listing Rules; and
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ii. that investors and their professional advisers would reasonably require for the purpose of making an informed assessment of: (A) the assets and liabilities, financial position and performance, profits and losses and prospects of the Company; or (B) the rights and liabilities attaching to the Shares.
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Company’s updated issued capital structure is as follows:
Quoted securities
| Quoted securities | |
|---|---|
| ASX security code and description | Total number of securities on issue |
| MRR fully paid ordinaryshares | 882,567,660 |
| Unquoted securities (total number of each class of securities issued but not quoted on ASX) | Unquoted securities (total number of each class of securities issued but not quoted on ASX) |
|---|---|
| ASX security code and description | Total number of securities on issue |
| MRRAB $0.04 30 Sept 2022 optionsMRRAM $0.04 31 Oct 2022 optionsMRRAO $0.04 8 Apr 2023 optionsMRRAP $0.045 9 Apr 2023 optionsMRRAQ Performance RightsMRR Performance Rights | 19,833,3331,601,77258,885,41720,500,0001,000,00013,000,000 |
MinRex Resources Limited ABN 81 151 185 867 Tel +61 (08) 9481 0389 Email [email protected] Level 11 216 St Georges Terrace Perth WA 6000 www.MinRex.com.au
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This ASX announcement has been authorised for release by the Board of MinRex Resources Limited.
-ENDS-
For further information, please contact: James Bahen Non-Executive Director MinRex Resources Limited T: +61 8 9481 0389 [email protected]
MinRex Resources Limited ABN 81 151 185 867 Tel +61 (08) 9481 0389 Email [email protected] Level 11 216 St Georges Terrace Perth WA 6000 www.MinRex.com.au