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POINTERRA LIMITED Capital/Financing Update 2015

Oct 22, 2015

64255_rns_2015-10-22_a341c290-6d3d-4a9e-89f4-6320b09cf430.pdf

Capital/Financing Update

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Rule 2.7, 3.10.3, 3.10.4, 3.10.5

Appendix 3B

New issue announcement, application for quotation of additional securities 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 01/07/96 Origin: Appendix 5 Amended 01/07/98, 01/09/99, 01/07/00, 30/09/01, 11/03/02, 01/01/03, 24/10/05, 01/08/12

Name of entity

Soil Sub Technologies Limited ABN 39 078 388 155

We (the entity) give ASX the following information.

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)
Fully paid ordinary shares
112,500,000

Fully paid ordinary shares

Issue price of $0.0008

4 Do the[+] securities rank equally in all respects from the date of Yes 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 5 Issue price or consideration $0.0008 6 Purpose of the issue Costs associated with acquisition of Pointerra (If issued as consideration for Pty Ltd the acquisition of assets, clearly identify those assets) 6a Is the entity an[+] eligible entity Yes that has obtained security holder approval under rule 7.1A? If Yes, complete sections 6b – 6h in relation to the[+] securities the subject of this Appendix 3B , and comply with section 6i 6b The date the security holder 28 November 2014 resolution under rule 7.1A was passed 6c Number of +securities issued N/A without security holder approval under rule 7.1 6d Number of +securities issued N/A with security holder approval under rule 7.1A

6e
Number
of
+securities
issued
with security holder approval
under
rule
7.3,
or
another
specific security holder approval
(specify date of meeting)
6f
Number
of
securities
issued
under an exception in rule 7.2
6g
If securities issued under rule
7.1A, was issue price at least 75%
of 15 day VWAP as calculated
under rule 7.1A.3?
Include the
issue
date
and
both
values.
Include the source of the VWAP
calculation.
6h
If securities were issued under
rule
7.1A
for
non-cash
consideration,
state
date
on
which
valuation
of
consideration was released to
ASX Market Announcements
6i
Calculate the entity’s remai1ning
issue capacity under rule 7.1 and
rule 7.1A – complete Annexure 1
and
release
to
ASX
Market
Announcements
7
Dates
of
entering
+securities
into uncertificated holdings or
despatch of certificates
8
Number
and
+class
of
all
+securities
quoted
on
ASX
(including
the
securities
in
section 2 if applicable)
N/A N/A
N/A
N/A
N/A
Rule 7.1 – 43,709,319 securities
Rule 7.1A – 206,068,610 Shares
23 October 2015
Number +Class
2,096,079,696 Fully Paid Ordinary
9
Number
and
+class
of
all
+securities not quoted on ASX
(including
the
securities
in
section 2 if applicable)
10
Dividend policy (in the case of a
trust, distribution policy) on the
increased capital (interests)
Number +Class
67,500,000
671,578,269
17
Options exercisable
at 1.5 cents on or
before 31 December
2015.
Options exercisable
0.5 cents on or
before 30 November
2015.
$10,000 face value
per Convertible Note
with converting price
lesser of $0.001 or
80% of 5 day vwap,
repayment date 12
months from date of
issue at an interest
rate of 4%.
N/A

Part 2 - Bonus issue or pro rata issue

11 Is
security
holder 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?
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
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

Part 3 - Quotation of securities

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

  • 34 Type of securities ( tick one )

  • (a) 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 incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

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

  • 36 If the[+] securities are[+] equity securities, a distribution schedule of the additional +securities setting out the number of holders in the categories

  • 1 - 1,000

  • 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001 and over

37 A copy of any trust deed for the additional[+] securities

Entities that have ticked box 34(b)

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 (if issued upon conversion of another security, clearly identify that other security) 42 Number and +class of all +securities quoted on ASX ( including the securities in clause 38)

Number + Class

Quotation agreement

  • 1 + Quotation of our additional + securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

  • 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.

==> picture [94 x 51] intentionally omitted <==

Sign here: ............................................................ Date: 23/10/15.......... (Director/Company secretary)

Print name: .............Keong Chan.....................

  • See chapter 19 for defined terms.

01/08/2012

Appendix 3B Page 8

Appendix 3B – Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for[+] eligible entities

Introduced 01/08/12

Part 1

Rule 7.1 – Issues exceeding 15% of capital

Step 1: Calculate “A”, the base figure from which the placement capacity is calculated

==> picture [414 x 383] intentionally omitted <==

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

Insert number of fully paid ordinary
securities on issue 12 months before date 1,886,241,656
of issue or agreement to issue
Add the following:
• Number of fully paid ordinary securities
issued in that 12 month period under an
exception in rule 7.2
•  44,444,444 Shares per resolutions
Number of fully paid ordinary securities
issued in that 12 month period with at AGM held 28 November 2014
shareholder approval  17,500,000 Shares per resolution
• Number of partly paid ordinary AGM held 28 November 2014
securities that became fully paid in that  112,500,000 Shares issued per SPP
12 month period 23 October 2015
Note:
• Include only ordinary securities here –
other classes of equity securities cannot
be added
• Include here (if applicable) the securities
the subject of the Appendix 3B to which
this form is annexed
• It may be useful to set out issues of
securities on different dates as separate
line items
Subtract the number of fully paid ordinary
securities cancelled during that 12 month
period
2,060,686,100
“A”
----- End of picture text -----

  • See chapter 19 for defined terms.

01/08/2012

Appendix 3B Page 9

*Step 2: Calculate 15% of “A”*

_Step 2: Calculate 15% of “A”_
“B” 0.15
[Note: this value cannot be changed]
Multiply“A” by 0.15 309,102,915
Step 3: Calculate “C”, the amount of placement capacity under rule 7.1
that has already been used
Insertnumber of equity securities issued or
agreed to be issued in that 12 month period
_not counting_those issued:

Under an exception in rule 7.2
18,726,929 – issued 28 October 2014

Under rule 7.1A

With security holder approval under rule
16,666,667 – issued 28 November 2014
7.1 or rule 7.4
Note: 17,500,000 – issued 5 December 2014

This applies to equity securities, unless
specifically excluded – not just ordinary
securities 87,500,000 – issued 27 February 2015

Include here (if applicable ) the
(deemed converting price for $70,000 of
securities the subject of the Appendix Convertible Notes at $0.0008)
3B to which this form is annexed

It may be useful to set out issues of
securities on different dates as separate
line items
125,000,000 – issued 15 June 2015
(deemed converting price for $100,000 of
Convertible Notes at $0.0008)
Insertnumber of equity securities issued or Insertnumber of equity securities issued or
agreed to be issued in that 12 month period
not _counting_those issued:
Under an exception in rule 7.2 18,726,929 – issued 28 October 2014
Under rule 7.1A
With security holder approval under rule 16,666,667 – issued 28 November 2014
7.1 or rule 7.4
Note: 17,500,000 – issued 5 December 2014
This applies to equity securities, unless
specifically excluded – not just ordinary
securities 87,500,000 – issued 27 February 2015
Include here (if applicable ) the (deemed converting price for $70,000 of
securities the subject of the Appendix Convertible Notes at $0.0008)
3B to which this form is annexed
It may be useful to set out issues of
securities on different dates as separate
line items
125,000,000 – issued 15 June 2015
(deemed converting price for $100,000 of
Convertible Notes at $0.0008)
“C” 265,393,596
Step 4: Subtract “C” from [“A” x “B”] to calculate remaining
placement capacity under rule 7.1
placement capacity under rule 7.1
“A” x 0.15 309,102,915
Note: number must be same as shown in
Step 2
Subtract“C” 265,393,596
Note: number must be same as shown in
Step 3
Total[“A” x 0.15] – “C” 43,709,319
[Note: this is the remaining placement
capacity under rule 7.1]
  • See chapter 19 for defined terms.

01/08/2012

Appendix 3B Page 10

Part 2

Rule 7.1A – Additional placement capacity for eligible entities

Part 2 Part 2
Rule 7.1A – Additional placement capacity for eligible entities
Step 1: Calculate “A”, the base figure from which the placement
capacity is calculated
“A”
Note: number must be same as shown in
Step 1 of Part 1
2,060,686,100
Step 2: Calculate 10% of “A”
“D” 0.10
Note: this value cannot be changed
Multiply“A” by 0.10 206,068,610
Step 3: Calculate “E”, the amount of placement capacity under rule
7.1A that has already been used
Insertnumber of equity securities issued or
agreed to be issued in that 12 month period
under rule 7.1A
Notes:

This applies to equity securities – not
just ordinary securities

Include here – if applicable – the
securities the subject of the Appendix
3B to which this form is annexed

Do not include equity securities issued
under rule 7.1 (they must be dealt with
in Part 1), or for which specific security
holder approval has been obtained

It may be useful to set out issues of
securities on different dates as separate
line items
0
“E” 0
  • See chapter 19 for defined terms.

01/08/2012

Appendix 3B Page 11

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining placement capacity under rule 7.1A

Step 4: Subtract “E” from [“A” x “D”] to calculate remaining
placement capacity under rule 7.1A
Step 4: Subtract “E” from [“A” x “D”] to calculate remaining
placement capacity under rule 7.1A
“A” x 0.10
Note: number must be same as shown in
Step 2
206,068,610
Subtract“E”
Note: number must be same as shown in
Step 3
0
Total[“A” x 0.10] – “E” 206,068,610
Note: this is the remaining placement
capacity under rule 7.1A
  • See chapter 19 for defined terms.

01/08/2012

Appendix 3B Page 12