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PACGOLD LIMITED — Capital/Financing Update 2024
Oct 17, 2024
65556_rns_2024-10-17_1427ac47-82db-4219-86bd-8e22806d7752.pdf
Capital/Financing Update
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Pacgold Limited ACN 636 421 782 ASX: PGO
Share Purchase Plan Offer
This is an important document for existing Shareholders of Pacgold Limited.
The Offer does not take into account the individual investment objectives, financial situation or particular needs of each Eligible Shareholder. Accordingly, before making a decision whether or not to participate in the Offer, you should consult your financial or other professional adviser.
This document is not a prospectus or other disclosure document under the Corporations Act.
NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS
1 Key offer information
Key dates
| Record Date | 25 September 2024 |
|---|---|
| Announcement date | 26 September 2024 |
| Dispatch of offer booklet and application forms to Eligible ShareholdersOpening date for acceptances | 18 October 2024 |
| Closing date for acceptances | 8 November 2024 |
| Announce results of SPP | 13 November 2024 |
| Issue SPP shares | 15 November 2024 |
| Normal trading of SPP shares commence | 18 November 2024 |
| Despatch of holding statements for new shares under SPP | 18 November 2024 |
The timetable is indicative only and PGO may, at its discretion, vary any of the above dates by sending a revised timetable to ASX.
Defined terms and abbreviations used in this document are set out in Clause 24 of the Terms and Conditions in Section 4.
Important notices and disclaimer
The offer contained in this document is not a recommendation to purchase PGO shares. If you are in any doubt about the Offer, you should consult your financial or other professional adviser.
If you apply to participate in the Offer by making a BPAY® 1 payment, you are accepting the risk that the market price of Shares may change between the date of the Offer and the Issue Date. This means it is possible that up to or after the Issue Date, you may be able to buy Shares at a lower price than the Offer Price.
Participation in the Offer is not being offered, directly or indirectly, in the United States or to any person that is, or is acting for the account or benefit of, a US Person. This document and any related offering documents must not be mailed or otherwise transmitted or distributed in or into the United States or to any person that is, or is acting for the account or benefit of, a US Person.
PGO recommends that you monitor its announcements and the Share price, which can be found on the ASX website at www.asx.com.au (ASX code: PGO). The Share price can also be found in the financial pages of major Australian metropolitan newspapers.
This Offer does not provide financial advice and has been prepared without taking into account the individual investment objectives, financial situation or particular needs of each Eligible Shareholder.
Questions
Any queries regarding the Offer should be directed to the PGO SPP offer information line on 1300 850 505 if calling within Australia or +61 3 9415 4000 if calling from outside of Australia.
1 ® Registered to BPAY Pty Limited ABN 69 079 137 518 New Zealand based shareholders can only apply using BPAY® if they have an Australian bank account
2 Frequently asked questions
Set out below are answers to some key questions that you may have about the Offer. This table is qualified by and should be read in conjunction with the Terms and Conditions in Section 3.
| Question | Answer |
|---|---|
| What is the Offer? | The Offer enables Eligible Shareholders to apply to purchase up toA$30,000 worth of ordinary shares in PGO at $0.09 per share. |
| The purchase price of $0.09 per Share is an approximate 24.9% discount tothe volume weighted average market closing price over the five ASX tradingdays immediately preceding the Announcement Date, 26 September 2024,on which PGO shares were traded. | |
| PGO intends to raise approximately $1.5 million under the Offer. | |
| The Offer is not underwritten. | |
| Am I eligible toparticipate? | You are eligible to participate if you fulfil the criteria set out in Clause 2 ofthe Terms and Conditions in Section 3. |
| For you to be eligible to participate in the Offer, you must have been aholder of PGO shares at 7.00 pm (AEDT) on 25 September 2024 (RecordDate) and your registered address must be in Australia or New Zealand. | |
| If you are a nominee or custodian holding shares on behalf of one or morebeneficial holders, you may also apply to purchase up to A$30,000 worth ofshares on behalf of each beneficial holder, subject to complying with thecriteria set out in Clause 2 of the Terms and Conditions. | |
| Do I have to | Participation is optional. |
| participate? | Before deciding whether or not to participate in the Offer, PGOrecommends seeking independent financial advice from your professionaladviser. |
| Can I transfer myentitlement toparticipate? | If you are eligible to participate in the Offer, you cannot transfer your right topurchase shares under the Offer to anyone else. |
| Oversubscriptionsand scale back | PGO intends to raise approximately $1.5 million under the SPP, but may, atPGO's discretion increase this cap and accept oversubscriptions, subject tocompliance with the ASX Listing Rules and the Class Order. |
| PGO may in its discretion reject or undertake a scale back of applicationsfor New Shares. Therefore, you may receive less than the parcel of NewShares for which you have applied. Details about any scale back are set outin Clause 10 of the Terms and Conditions. If applications are rejected orscaled back, excess funds will be returned to applicants without interest. | |
| Is the Offer | No. |
| underwritten? | There is a risk that not all New Shares will be issued by the Company andtherefore there is no certainty that the full amount of approximately $1.5million sought by the Company under the Share Purchase Plan Offer will beraised. |
| How do I apply? | To apply for shares under the Offer you can make payment by BPAY® byvisiting www.computersharecas.com.au/pgospp and following theinstructions shown on the Application Form. New Zealand basedshareholders can only apply using BPAY if they have an Australian bankaccount. |
| Question | Answer |
|---|---|
| What is themaximum investmentfor eachshareholder? | The maximum investment for each shareholder is A$30,000. |
| How many shareswill I receive? | You may apply for a parcel of shares under the Offer with one of theapplication amounts set out in Clause 6 of the Terms and Conditions of thisdocument.The Offer Price for New Shares will be $0.09. |
| When will I receivemy shares? | PGO intends to issue New Shares on 15 November 2024 (Issue Date).Holding statements in respect of those New Shares are to be dispatched by18 November 2024. However, these dates are indicative and PGO may, atits discretion, vary the Issue Date by sending a revised timetable to ASX. |
| When can I tradeallocated shares? | You can trade your New Shares after the Issue Date. However, given thepossibility that applications may be scaled back, you should confirm yourholding on or after the Issue Date before trading any New Shares youbelieve you have acquired under the Offer. |
| What will fundsraised under theShare Purchase Planbe used for? | Proceeds of the Offer, along with proceeds ($4.1m) from the placementannounced by the Company on 26 September 2024, will primarily beapplied to accelerate gold exploration at the Alice River Gold Project (wherea large scale aircore and reverse circulation (RC) drill program hascommenced along the 30km anomalous corridor). |
3 Terms and conditions
1 Offer
The Offer entitles Eligible Shareholders to apply to purchase up to A$30,000 worth of Shares in PGO at A$0.09 per share.
2 Eligibility to participate
-
2.1 You are eligible to participate in the Offer if you were a registered holder of Shares at 7.00 pm (AEDT) on 25 September 2024 (Record Date) with an address on the share register in Australia or New Zealand, unless:
- (a) you hold Shares on behalf of another person who resides outside Australia or New Zealand; or
- (b) you are, or are acting for the account or benefit of, a US Person.
-
2.2 PGO has determined that it is either unlawful or impracticable for holders of Shares with an address in jurisdictions outside Australia and New Zealand to participate in the Offer. The Offer does not constitute an offer of Shares in any jurisdiction other than Australia and New Zealand.
-
2.3 If you are the only registered holder of a holding of Shares, but you receive more than one offer (for example, due to multiple registered holdings), you may only apply in aggregate for one maximum parcel of New Shares.
-
2.4 Joint holders of Shares will be taken to be a single registered holder of Shares for the purposes of determining whether they are an Eligible Shareholder and a certification under Clause 7.1(j) by one joint holder will be effective in respect of the other joint holder(s).
-
2.5 If you are a Custodian for a beneficiary or beneficiaries, you may apply for one maximum parcel of New Shares for each beneficiary (or if you are a Custodian for two or more joint beneficiaries, for each such holding as if it was held by a single person). Further information in relation to how Custodians may apply for New Shares is set out in Clause 7.2.
-
2.6 Directors and employees of PGO who hold Shares may be Eligible Shareholders.
3 Rights are non-renounceable
If you are an Eligible Shareholder, your rights under the Offer are personal to you and are non-renounceable, which means that you cannot transfer your rights to another person.
4 Offer price and price risk
The Offer Price for New Shares is $0.09 per share, which is at an approximately 24.9% discount to the volume weighted average market closing price over the five ASX trading days immediately preceding the Announcement Date, 26 September 2024, on which PGO shares were traded.
In accordance with the requirements of ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547, PGO notes that:
- (a) On the last trading day immediately prior to the announcement date of the Offer, the closing price of the Shares traded on ASX was $0.120 per Share. The Issue Price is an approximate 24.9% discount to that closing price.
- (b) The market price of Shares in PGO may rise and fall between the date of the Offer and the date that any Shares are issued to you as a result of your application under the Offer.
- (c) By making an application under this Offer, each Eligible Shareholder will be acknowledging that although the Issue Price is at a discount to the closing price specified above, Shares are a speculative investment and the price of Shares on ASX may change between the date PGO announces its intention to make the Offer and the date of issue of Shares under that Offer and that the value of the Shares received under the Offer may rise or fall accordingly.
- (d) The Issue Price is less than the market price of Shares during a 'specified period' in the 30 days before the date of the Offer (such specified period being the 5 days in which trading in Shares occurred before the date of the announcement of the Offer).
On 14 October 2024, PGO was granted a waiver from the ASX Listing Rule 7.1 to issue the shares under the Offer, without shareholder approval.
5 Timing
- 5.1 The Offer opens on 18 October 2024 and closes on 8 November 2024, unless extended. PGO proposes to issue New Shares on 15 November 2024 and send written confirmations to shareholders by 18 November 2024.
- 5.2 PGO reserves the right to extend the Offer, or the proposed Issue Date at any time by making an announcement to ASX.
6 Applying for New Shares
6.1 The minimum application amount is $5,000. The maximum investment under the Offer is $30,000 . If you are an Eligible Shareholder, you can apply for New Shares in any one of the amounts as set out below:
| Amount |
|---|
| $5,000 |
| $10,000 |
| $15,000 |
| $20,000 |
| $25,000 |
| $30,000 |
The number of New Shares is rounded up to the nearest whole number after dividing the application money received by the Offer Price.
- 6.2 You may not spend more than $30,000 applying for New Shares in aggregate under the Offer, even though you may receive more than one offer, or offers in more than one capacity, under the Offer.
- 6.3 If you wish to apply for New Shares under the Offer you should pay directly via BPAY® on the internet or by telephone, using your unique Customer Reference Number and the Biller Coder details on the online Application Form, this can be found at www.computersharecas.com.au/pgospp (New Zealand based shareholders need to have an appropriate Australian bank account to apply using BPAY).2 The Application Form does not need to be returned in this case.
- 6.4 Do not forward cash. Receipts for payment will not be issued.
- 6.5 Funds paid via BPAY or Application Forms (with application payments) must be received by the Share Registry by 5.00 pm (AEDT) on 8 November 2024. PGO may reject applications received after this time.
- 6.6 If your Application Form or application is incomplete, contains errors or is otherwise invalid or defective, PGO may, in its sole discretion, accept, reject, correct or amend your application, issue such number of New Shares to you as it considers appropriate, refund your application money, or take any combination of these actions. Any necessary refund will be paid to you shortly after the close of the Offer. No interest will be paid on any refunded application money.
- 6.7 You cannot withdraw or revoke your application once you have sent in an Application Form or paid via BPAY.
7 Effect of making an application
- 7.1 If you submit a BPAY payment or complete and return the Application Form:
- (a) you will be deemed to have represented and warranted that you are an Eligible Shareholder, you have read and understood these Terms and Conditions and you subscribe for New Shares in accordance with these Terms and Conditions;
- (b) you authorise PGO to correct minor errors in your Application Form and to complete the Application Form by inserting any missing minor details;
- (c) you acknowledge that the market price of Shares may rise or fall between the date of this offer and the Issue Date and that the Offer Price you pay for the New Shares may exceed the market price of the Shares on the Issue Date;
2 Applicants should be aware that their own financial institution may implement earlier cut off times with respect to electronic payment, and should take this into consideration when making any electronic payment. It is the responsibility of the applicant to ensure that funds submitted through BPAY are received in time.
- (d) you accept the risk associated with any refund that may be dispatched to you at your address as shown on the share register;
- (e) you are responsible for any dishonour fees or other costs PGO may incur in presenting a cheque for payment which is dishonoured;
- (f) you acknowledge that the New Shares have not, and will not be, registered under the US Securities Act or the securities laws of any state or other jurisdictions in the United States, or in any other jurisdiction outside Australia or New Zealand, and accordingly, the New Shares purchased under the Offer may not be offered, sold or otherwise transferred except in accordance with an available exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and any other applicable securities laws;
- (g) you represent and warrant that you are not a US Person, and are not applying under the Offer for or on behalf of a US Person;
- (h) you represent and warrant that you have not and will not send any materials relating to the Offer to any person in the United States that is, or is acting for the account or benefit of, a US Person;
- (i) you acknowledge that you have not been provided with investment advice or financial product advice by PGO or the Share Registry; and
- (j) you certify that you have not applied for, or instructed a Custodian to apply on your behalf for, New Shares with an application price which, when aggregated with the application price for any Shares issued to you or a Custodian on your behalf under the Offer or any similar PGO arrangement in the 12 months prior to your application, exceeds A$30,000. This certification by one joint holder of Shares will be effective in respect of the other joint holder(s).
- 7.2 If you are a Custodian, you certify:
- (a) that as at the Record Date, you hold Shares on behalf of one or more beneficiaries, and that those beneficiaries have instructed you to apply for New Shares;
- (b) details of the number of beneficiaries who have instructed you to apply for New Shares on their behalf, their names and addresses, the number of Shares you hold on their behalf and the number of New Shares they have instructed you to apply for are correct;
- (c) you have not applied for New Shares on behalf of any beneficiary with an application price which, when aggregated with the application price for any Shares issued to you on behalf of that beneficiary under the Offer or any similar PGO arrangement in the 12 months prior to your application, exceeds A$30,000; and
- (d) you are a Custodian (as that term is defined in the Class Order) or a nominee.
- 7.3 Custodians wishing to participate on behalf of one or more beneficiaries and are uncertain about how to do so should contact the Share Registry to obtain more information on how to apply and the form of certification to be given.
- 7.4 Please note that if you hold Shares in the capacity of a trustee or a nominee for another person but you do not hold an Australian financial services licence of the kind described in Clause 7.2 above and you are not exempt from the requirement to hold such a licence as described in the Class Order, you cannot participate for beneficiaries in the manner outlined in Clause 7.2 above. In this case, the rules for multiple registered holdings as described in Clause 2.3 apply.
8 Rights attached to the New Shares
New Shares issued under the Offer will rank equally with existing Shares and will carry the same voting rights, dividend rights and other entitlements as at the Issue Date.
PGO will apply for the New Shares to be quoted on ASX.
9 Costs of participation
- 9.1 No commission is payable by PGO on the issue of the New Shares and no brokerage applies.
- 9.2 In the event of a change in legislation so that at the date of any issue or allotment of New Shares under the Offer, stamp duty or any other tax or duty is payable on those New Shares, the amount of that stamp duty or other tax or duty must be:
- (a) paid by the Eligible Shareholder to whom the New Shares are issued; and
- (b) in respect of each of those New Shares, included in the calculation of the Issue Price.
10 Oversubscriptions and scale back
- 10.1 PGO reserves the right to close the Offer early, accept applications under the SPP in excess of this amount or to reject or scale back applications in its sole discretion. The aggregate number of New Shares that will be issued under the SPP will not exceed 30% of PGO's issued Shares.
- 10.2 If applications are scaled back, PGO may in its absolute discretion apply the scale back to the extent and in any manner that it sees fit. If the scale back produces a fractional number of New Shares when applied to your parcel, the number of New Shares you will be issued will be rounded down to the nearest whole number of New Shares.
- 10.3 In the event of a rejection or scale back, the difference between the application monies received, and the number of New Shares issued to you multiplied by the Offer Price, will be refunded by PGO, without interest, following the issue of the New Shares.
11 Underwriting
The Offer is not underwritten.
12 Refunds
- 12.1 Refunds pursuant to the Offer may be paid under various circumstances. For example, if applications are made incorrectly the entire payment may be refunded, or if allocations are scaled back a partial refund may be made.
- 12.2 If a refund is made, payment will be by direct credit to your nominated Australian bank account or cheque mailed to your address as shown on the company's share register.
- 12.3 You will not receive any interest on funds refunded to you.
- 12.4 Any refund made to you is dispatched at your risk.
13 United States
13.1 Participation in the Offer is not being offered, directly or indirectly, in the United States or to any person that is, or is acting for the account or benefit of, a US Person. This document and any related offering documents must not be mailed or otherwise transmitted or distributed in or into the United States or to any person that is, or is acting for the account or benefit of, a US Person. Participation in the Offer, directly or indirectly, in violation of these restrictions is not permitted, and any such participation will be invalid.
- 13.2 This document is not an offer of securities for sale in the United States or to any person that is, or is acting for the account or benefit of, a US Person. PGO Shares have not been, and will not be, registered under the US Securities Act and may not be offered, sold or delivered, directly or indirectly, in the United States or to any person that is, or is acting for the account or benefit of, a US Person, except in accordance with an available exemption from registration.
- 13.3 Because of the legal restrictions summarised above, you must not send copies of any Offer materials to any of your clients (or any other person) in the United States or to any person that is, or is acting for the account or benefit of, a US Person. Consistent with the warranties set out above, you are also advised not to submit any Application Form or make payment by BPAY or otherwise in respect of the purchase of New Shares under the Offer on behalf of any of your clients (or any other person) in the United States or that is, or is acting for the account or benefit of, a US Person. Failure to comply with these restrictions may result in violations of applicable securities laws.
14 New Zealand
- 14.1 The New Shares are not being offered or sold to the public within New Zealand other than to Eligible Shareholders with registered addresses in New Zealand to whom the offer of New Shares is being made under the Financial Markets Conduct Act 2013 and the Financial Markets Conduct (Incidental Offers) Exemption Notice 2021.
- 14.2 This Offer has not been registered, filed with or approved by any New Zealand regulatory authority. This Offer is not a product disclosure statement under New Zealand law and is not required to, and may not, contain all the information that a product disclosure statement under New Zealand law is required to contain.
15 Taxation
None of PGO, its officers, employees, advisers or agents makes any representations or warranties about, and accepts no responsibility for, the liability of Eligible Shareholders to pay income tax in respect of any issue of New Shares, payment or other transaction under the Offer.
16 Dispute resolution
PGO reserves the right to settle in any manner it thinks fit, any difficulties, anomalies or disputes which may arise in connection with or by reason of the operation of the Offer and the decision of PGO will be conclusive and binding on all shareholders and other persons to whom the determination relates.
17 Waiver, amendment, suspension and termination
- 17.1 PGO may, in its discretion, waive compliance with any provision of these Terms and Conditions, amend or vary these Terms and Conditions or suspend, withdraw or terminate the Offer at any time. Any such waiver, amendment, variation, suspension, withdrawal or termination will be binding on all Eligible Shareholders even where PGO does not notify you of the event.
- 17.2 PGO is not liable for loss, cost or expense arising out of any exercise of its discretions under these Terms and Conditions.
18 ASIC relief
18.1 The Offer is made in accordance with the Class Order. The Class Order grants relief from the requirement to prepare a prospectus for the offer of New Shares up to A$30,000 under the Offer, subject to certain terms and conditions.
19 Governing law
These Terms and Conditions are governed by the laws in force in Queensland and Eligible Shareholders submit to the jurisdiction of the Courts of Queensland in relation to the Offer and all matters pertaining thereto.
20 Binding terms
By accepting the offer to purchase New Shares under the Offer, you agree to be bound by these Terms and Conditions and the constitution of PGO.
21 Reliance on Terms and Conditions
These Terms and Conditions have been prepared in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547, which relates to share purchase plans that do not require a prospectus or disclosure document. Accordingly, the level of disclosure in these Terms and Conditions is considerably less than the level of disclosure required in a prospectus or other disclosure document.
Nothing in these Terms and Conditions constitutes financial or investment advice. In deciding whether or not to participate in the SPP, you should rely on your own knowledge of PGO, refer to disclosures made by PGO to ASX (which are available for inspection on ASX's website at www.asx.com.au and on PGO website at www.pacgold.com.au and seek the advice of your professional adviser.
22 Risk
Subscription under the Plan is a speculative investment and the market price of Shares may change between the date of the Offer, the date you apply for Shares and the date of issue of Shares to you. Accordingly, the value of Shares applied for may rise or fall.
This Offer is not a prospectus and does not require the types of disclosures required under the Corporations Act. You must rely on your own knowledge of the Company, previous disclosures made by the Company to ASX and, if necessary, consult your professional adviser when deciding whether or not to accept the Offer and participate in the Plan.
23 Privacy Notification
PGO and the Registry value your privacy and will take reasonable steps to protect your personal information in accordance with applicable data privacy laws and regulations. Note, however, that PGO and the Registry are located primarily in Australia and data privacy laws may be less strict in Australia than those of the country in which you reside when you receive this Offer.
This privacy statement sets out how information about you will be collected, held, used and disclosed to and accessed by third parties during your participation in the SPP and while you hold Shares.
PGO and the Registry are bound by the Privacy Act 1988 (Cth) in relation to the collection, use and disclosure of any personal information about you. Chapter 2C of the Corporations Act requires personal information about you as a shareholder (including your name, address and details of the shares you hold) to be included in the public register of the entity in which you hold shares. If we are unable to collect this personal information about you, you will be unable to participate in the SPP. This personal information must continue to be included in the public register if you cease to be a shareholder.
24 Definitions
| In this document the following terms have these meanings: | ||
|---|---|---|
| ----------------------------------------------------------- | -- | -- |
| Definition | Meaning |
|---|---|
| AEDT | Australian Eastern Daylight Time. |
| Application Form | The application form which accompanies this Share PurchasePlan Offer. |
| ASIC | The Australian Securities and Investments Commission. |
| ASX | ASX Limited or the Australian Securities Exchange, as thecontext requires. |
| PGO | Pacgold Limited ACN 636 421 782 |
| Class Order | ASIC Corporations (Share and Interest Purchase Plans)Instrument 2019/547 |
| Corporations Act | Corporations Act 2001 (Cth). |
| Custodian | The meaning given in the Class Order. |
| Eligible Shareholder | A person who is eligible to participate in the Offer inaccordance with Clause 2 of the Terms and Conditions. |
| Issue Date | The date the New Shares are issued, expected to be 15November 2024. |
| New Shares | The Shares offered in the Share Purchase Plan Offer. |
| Offer | The offer of New Shares in the Share Purchase Plan Offer. |
| Offer Price | A$0.09 per New Share. |
| Underwriter | N/A |
| Record Date | 25 September 2024 |
| Share Purchase PlanOffer | This document. |
| Share Registry | Computershare Investor Services Pty Limited |
| Shares | Fully paid ordinary shares in PGO. |
| Share Purchase Plan | The Share Purchase Plan referred to in this document. |
| Terms and Conditions | The terms and conditions of the Offer set out in Section 4 ofthis Share Purchase Plan Offer. |
| US Person | A "U.S. person" as defined in Regulation S under the USSecurities Act of 1933. |
| US Securities Act | US Securities Act of 1933. |

For all enquiries:
Phone: (within Australia) 1300 850 505 (outside Australia) +61 (03) 9415 4000 Web: www.computersharecas.com.au/pgospp
*S000001Q01*
PGO MR SAM SAMPLE 123 SAMPLE STREET SAMPLETOWN VIC 3000 X 9999999991
I ND
Entitlement No: 12345678
CLOSING DATE:
Your payment must be received by 5.00pm (Sydney time) on Friday, 8 November 2024
Share Purchase Plan Application Form
This is an important document that requires your immediate attention.
It can only be used in relation to the shareholding represented by the details above. If you are in doubt about how to deal with this form, please contact your financial or other professional adviser.
By making payment you agree to be bound by the Constitution of Pacgold Limited and that the submission of this payment constitutes an irrevocable offer by you to subscribe for Pacgold Limited shares on the terms of the Share Purchase Plan (SPP).
In addition, by making payment you certify that:
- You are not applying for New Shares with an application price of more than $30,000 under the Offer (including by instructing a Custodian to acquire New Shares on your behalf under the Offer); and
- The total of the application price does not exceed $30,000 in relation to: a) the New Shares that are the subject of this application; and
- b) any other Shares issued to you under the Offer or any similar arrangement in the 12 months before the application (excluding Shares applied for but not issued).
Pacgold Limited may make determinations in any manner it thinks fit, in relation to any difficulties which may arise in connection with the SPP whether generally or in relation to any participant or application. SAMPLE
Any determinations by Pacgold Limited will be conclusive and binding on all Eligible Shareholders and other persons to whom the determination relates. Pacgold Limited reserves the right to waive strict compliance with any provision of the terms and conditions of the SPP, to amend or vary those terms and conditions or to suspend or terminate the SPP at any time. Any such amendment, suspension or termination will be binding on all Eligible Shareholders even where Pacgold Limited does not notify you of that event.
Registration Name & Offer Details
Details of the shareholding and the Offer are shown above.
Please check the details provided and update your address via www.investorcentre.com if any of the details are incorrect.
If you have a CHESS sponsored holding, please contact your Controlling Participant to notify a change of address.
BPAY
Make your payment via BPAY® either online or by phone with your bank using the payment details above. If you are unable to pay via BPAY, please call the Information Line on 1300 850 505 (within Australia) or +61 (03) 9415 4000 (outside Australia) to obtain alternative payment instructions.
Neither Computershare Investor Services Pty Limited (CIS) nor Pacgold Limited accepts any responsibility for loss incurred through incorrectly completed BPAY payments. It is the responsibility of the applicant to ensure that funds submitted through BPAY are received by the closing date. Eligible Shareholders should use the customer reference number shown on this Application Form when making a BPAY payment.
Privacy Notice
The personal information you provide on this form is collected by CIS, as registrar for the securities issuer (the issuer), for the purpose of maintaining registers of securityholders, facilitating distribution payments and other corporate actions and communications. In addition, the issuer may authorise us on their behalf to send you marketing material or include such material in a corporate communication. You may elect not to receive marketing material by contacting CIS using the details provided above or emailing [email protected]. We may be required to collect your personal information under the Corporations Act 2001 (Cth) and ASX Settlement Operating Rules. We may disclose your personal information to our related bodies corporate and to other individuals or companies who assist us in supplying our services or who perform functions on our behalf, to the issuer for whom we maintain securities registers or to third parties upon direction by the issuer where related to the issuer's administration of your securityholding, or as otherwise required or authorised by law. Some of these recipients may be located outside Australia, including in the following countries: Canada, India, New Zealand, the Philippines, the United Kingdom and the United States of America. For further details, including how to access and correct your personal information, and information on our privacy complaints handling procedure, please contact our Privacy Officer at [email protected] or see our Privacy Policy at www.computershare.com/au/privacy-policies.
Make Your Payment:
You may apply for New Shares in any one of the following amounts A$5,000, A$10,000, A$15,000, A$20,000, A$25,000 or A$30,000. Note that the amount chosen may be subject to scale back in accordance with the terms of the SPP.

Biller Code: 433292 Ref No:1234 5678 9123 4567 89
Offer Details:
Minimum value available to purchase:
$5,000
Maximum value available to purchase:
$30,000
Record Date:
7.00pm (Sydney time) on Wednesday, 25 September 2024

For all enquiries:
Phone:
- (within Australia) 1300 850 505 (outside Australia) +61 (03) 9415 4000 Web:
- www.computersharecas.com.au/pgospp
*M000007Q02*
PGO
MR SAM SAMPLE 123 SAMPLE STREET SAMPLETOWN NEW ZEALAND
CLOSING DATE
Your payment must be received by 5.00pm (Sydney time) on Friday, 8
November 2024 Electronic Funds Transfer Details
Dear Securityholder,
Pacgold Limited Share Purchase Plan
BPAY® is the most secure and efficient payment method for submitting your funds into the Offer. In the event that you do not have access to BPAY, the Electronic Funds Transfer (EFT) payment details are available below so that you can make payment directly into the Offer bank account.
These details relate only to the above Offer and must not be shared, passed to anyone, or used for any other purpose except the transfer of funds from the applicant shown above*.*
Bank Account and Reference details:
| E | |
|---|---|
| from the applicant shown above. | LP |
| Bank Account and Reference details: | M |
| BSB: | xxx-xxx |
| Account Number: | Axxxx-xxxxx |
| Account Name: | PACGOLD LIMITED |
| Bank Name: | Australia and New Zealand Banking Group Limited |
| Bank Address: | 324 Queen Street (Cnr Creek St), Brisbane QLD 4000 |
| SWIFT/BIC Code: | SANZBAU3M |
| Beneficiary Address: | 452 Johnston Street, Abbotsford VIC 3067 Australia |
| REFERENCE NUMBER *: | 12345678 |
IMPORTANT: The reference number must be included in the transfer so your application can be identified. If the correct Reference Number is not included, your application may not be able to be identified or may be deemed invalid**.**
Your payment must be received in Australian dollars and your application will be processed for the net amount received. Please ensure any conversion fees (or other fees) are deducted separately to your payment. It is common for your bank to apply an option such as 'remitter to bear all charges' to deduct the fees separately.
Your EFT payment must be received by the close date and time. If funds are not received from you by this time your application may not be accepted.
If you have any questions in relation to the Offer, please contact the Information Line on 1300 850 505 (within Australia) and +61 (03) 9415 4000 (outside of Australia).