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RAGUSA MINERALS LTD Capital/Financing Update 2021
65664_rns_2021-09-07_2a7c44b8-28d8-4d8d-b5c4-d855877d84d0.pdf
Capital/Financing Update
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Announcement Summary
Entity name
RAGUSA MINERALS LTD
Date of this announcement
Wednesday September 08, 2021
The +securities the subject of this notification are: Other
Total number of +securities to be issued/transferred
| ASX +securitycode | Security description | Total number of+securities to beissued/transferred | Issue date |
|---|---|---|---|
| New class - codeto be confirmed | Unlisted Option, exercise price $0.16 expiring 3years from issue | 1,000,000 | 08/09/2021 |
| New class - codeto be confirmed | Unlisted Option, exercise price $0.16 expiring 5years from issue | 1,000,000 | 08/09/2021 |
| New class - codeto be confirmed | Unlisted Option, exercise price $0.16 expiring 3years from issue | 1,000,000 | 08/09/2021 |
| New class - codeto be confirmed | Unlisted Option, exercise price $0.12 expiring 2years from issue | 2,000,000 | 08/09/2021 |
Refer to next page for full details of the announcement
Part 1 - Entity and announcement details
1.1 Name of entity
RAGUSA MINERALS LTD
We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.
1.2 Registered number type
ACN
Registration number
143194165
1.3 ASX issuer code
RAS
1.4 The announcement is
New announcement
1.5 Date of this announcement
8/9/2021
Part 2 - Issue details
2.1 The +securities the subject of this notification are:
Other
Please specify
As per Appendix 3B 5 July 2021
2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:
does not have an existing ASX security code ("new class")
Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX
in an Appendix 3B
New +securities
| ASX +security code | +Security description |
|---|---|
| New class - code to be confirmed | Unlisted Option, exercise price $0.16 expiring 3 years fromissue |
| +Security type | ISIN code |
| Options | |
| Date the +securities the subject of this notification were issued | |
| 8/9/2021Yes | Will all the +securities issued in this class rank equally in all respects from their issue date? |
| listing rule 6.1? | Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under |
| Yesissued. | Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being |
+Security currency AUD - Australian Dollar Exercise price AUD 0.16000000 Expiry date 8/9/2024
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
RAS fully paid ordinary share
Any other information the entity wishes to provide about the +securities the subject of this notification
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
N/A
Issue details
Number of +securities
1,000,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Consideration for the Monte Cristo Project
Purpose of the issue
To pay for the acquisition of an asset
Additional Details
Name of company or asset being acquired
Monte Cristo Project
New +securities
| ASX +security code | +Security description |
|---|---|
| New class - code to be confirmed | Unlisted Option, exercise price $0.16 expiring 5 years from |
| issue |
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued
8/9/2021
Equity Securities
issued.
Will all the +securities issued in this class rank equally in all respects from their issue date? Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
issued.
https://www.asx.com.au/asxpdf/20210705/pdf/44y095g6974483.pdf
Options Details
| +Security currency | Exercise price | Expiry date |
|---|---|---|
| AUD - Australian Dollar | AUD 0.16000000 | 8/9/2026 |
| company option | Details of the existing class of +security that will be issued upon exercise or conversion of this new class of | |
| Other | ||
| Description | ||
| RAS fully paid ordinary share |
N/A
Issue details
Number of +securities
1,000,000
Were the +securities issued for a cash consideration? No
Please describe the consideration being provided for the +securities
Consideration for the Monte Cristo Project
Purpose of the issue
To pay for the acquisition of an asset
Additional Details
Name of company or asset being acquired
Monte Cristo Project
New +securities
New +securities
| ASX +security code | +Security description |
|---|---|
| New class - code to be confirmed | Unlisted Option, exercise price $0.16 expiring 3 years fromissue |
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued
8/9/2021
Will all the +securities issued in this class rank equally in all respects from their issue date? Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?
Yes
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://www.asx.com.au/asxpdf/20210705/pdf/44y099bg0d2gv3.pdf
Options Details
+Security currency AUD - Australian Dollar Exercise price AUD 0.16000000 Expiry date 8/9/2024
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
RAS fully paid ordinary share
Any other information the entity wishes to provide about the +securities the subject of this notification
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
N/A
Issue details
Number of +securities
1,000,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Consideration for the Burracoppin Project
Purpose of the issue
To pay for the acquisition of an asset
Additional Details
Name of company or asset being acquired
Burracoppin Project
New +securities
| ASX +security code | +Security description |
|---|---|
| New class - code to be confirmed | Unlisted Option, exercise price $0.12 expiring 2 years fromissue |
+Security type
ISIN code
Options
Date the +securities the subject of this notification were issued
8/9/2021
Will all the +securities issued in this class rank equally in all respects from their issue date? Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1?
No
Equity Securities
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being issued.
https://www.asx.com.au/asxpdf/20210705/pdf/44y09c8kvz2vmy.pdf
Options Details
| +Security currency | |
|---|---|
| -- | -------------------- |
AUD - Australian Dollar
Exercise price AUD 0.12000000 Expiry date 8/9/2023
Details of the existing class of +security that will be issued upon exercise or conversion of this new class of company option
Other
Description
RAS fully paid ordinary shares
Any other information the entity wishes to provide about the +securities the subject of this notification
Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B
N/A
Issue details
Number of +securities
2,000,000
Were the +securities issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Incentive Options for Directors as approved at GM 23 August 2021
Purpose of the issue
To pay for services rendered
Additional Details
Part 4 - +Securities on issue
Following the issue, conversion or payment up of the +securities the subject of this application, the +securities of the entity will comprise:
(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)
4.1 Quoted +Securities (Total number of each +class of +securities quoted)
| ASX +security code and description | Total number of+securities on issue |
|---|---|
| RAS : ORDINARY FULLY PAID | 111,138,108 |
4.2 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 |
|---|---|
| RASAA : ORDINARY FULLY PAID RESTRICTED | 7,214,468 |
| RASAB : ORDINARY FULLY PAID RESTRICTED | 2,268,559 |
| RASAF : FIRST MILESTONE SHARES RESTRICTED | 4,999,999 |
| RASAG : SECOND MILESTONE SHARES RESTRICTED | 4,999,999 |
| RASAH : FIRST MILESTONE SHARES RESTRICTED | 1,666,667 |
| RASAJ : SECOND MILESTONE SHARES RESTRICTED | 1,666,667 |
| RASAD : OPTION EXPIRING 31-DEC-2022 RESTRICTED | 1,007,953 |
| RASAC : OPTION EXPIRING 31-DEC-2022 RESTRICTED | 8,581,122 |
| RASAE : OPTION EXPIRING 31-DEC-2022 RESTRICTED | 45,924,835 |
| RASAK : OPTION EXPIRING 25-AUG-2024 EX $0.12 | 2,000,000 |
| New class - code to be confirmed : Unlisted Option, exercise price $0.16 expiring 3 yearsfrom issue | 1,000,000 |
| New class - code to be confirmed : Unlisted Option, exercise price $0.16 expiring 5 yearsfrom issue | 1,000,000 |
| New class - code to be confirmed : Unlisted Option, exercise price $0.16 expiring 3 yearsfrom issue | 1,000,000 |
New class - code to be confirmed : Unlisted Option, exercise price $0.12 expiring 2 years from issue
2,000,000
Part 5 - Other Listing Rule requirements
5.1 Were the +securities issued under an exception in Listing Rule 7.2 and therefore the issue did not need any security holder approval under Listing Rule 7.1? No
5.2 Has the entity obtained, or is it obtaining, +security holder approval for the issue under listing rule 7.1? Yes
5.2a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 23/8/2021