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Sarama Resources Ltd. Capital/Financing Update 2023
46917_rns_2023-06-20_862fa2ad-457d-4f36-8e8b-56c597187cc5.pdf
Capital/Financing Update
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Announcement Summary
Entity name
SARAMA RESOURCES LTD
Announcement Type
New announcement
Date of this announcement
Wednesday June 21, 2023
The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
Total number of +securities to be quoted
| ASX +securitycode | Security description | Number of +securities tobe quoted | Issue date |
|---|---|---|---|
| SRR | CHESS DEPOSITARY INTERESTS 1:1 | 3,625,640 | 21/06/2023 |
Refer to next page for full details of the announcement
Part 1 - Entity and announcement details
1.1 Name of entity
SARAMA RESOURCES LTD
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2 Registered number type ARBN
Registration number 143964649
1.3 ASX issuer code SRR
1.4 The announcement is
New announcement
1.5 Date of this announcement
21/6/2023
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
Previous Appendix 3B details:
| Announcement Date andTime | Announcement Title | Selected Appendix 3B to submit quotationrequest | |
|---|---|---|---|
| 03-Apr-2023 10:10 | New - Proposed issue of securities -SRR | A placement or other type of issue |
2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?
Yes
2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B
1,812,820 free attaching unlisted options to the current application, having an exercise price of $0.15 and an expiry date of 21 June 2026; being 36 months from date of issue
Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B
Placement Details
ASX +security code and description
SRR : CHESS DEPOSITARY INTERESTS 1:1
Issue date
21/6/2023
Distribution Schedule
Provide a distribution schedule for the new +securities according to the categories set out in the left hand column including the number of recipients and the total percentage of the new +securities held by the recipients in each category.
| Number of +securities held | Number of holders | Total percentage of +securities heldFor example, to enter a value of 50%please input as 50.00 |
|---|---|---|
| 1 - 1,000 | % | |
| 1,001 - 5,000 | % | |
| 5,001 - 10,000 | % | |
| 10,001 - 100,000 | % | |
| 100,001 and over | % |
Issue details
| Number of +securities to be quoted3,625,640 | ||||
|---|---|---|---|---|
| Are the +securities being issued for a cash consideration?Yes | ||||
| In what currency is the cash consideration being paid? | What is the issue price per +security? | |||
| AUD - Australian Dollar | AUD 0.10000000 | |||
| Any other information the entity wishes to provide about the +securities to be quoted |
Part 4 - Issued capital following quotation
Following the quotation of the +securities the subject of this application, the issued capital 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 on ASX following the +quotation of the +securities subject of this application)
| ASX +security code and description | Total number of+securities on issue |
|---|---|
| SRR : CHESS DEPOSITARY INTERESTS 1:1 | 56,656,977 |
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 |
|---|---|
| SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15 | 1,312,180 |
| SRRAG : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.60 | 833,333 |
| SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED | 2,500,000 |
| SRRAD : OPTION EXPIRING 23-JUN-2023 EX CAD $0.24 | 500,000 |
| SRRAE : OPTION EXPIRING 14-JAN-2024 EX CAD $0.35 | 3,158,336 |
| SRRAF : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.30 | 833,333 |
| SRRAI : OPTION EXPIRING 19-JAN-2025 EX CAD $0.20 | 2,721,665 |
| SRRAB : ORDINARY FULLY PAID | 101,265,192 |
| SRRAH : WARRANTS EXPIRING 28-JUL-2024 EX CAD $0.28 | 4,863,517 |
| SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16 | 6,809,999 |
| SRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15 | 6,875,000 |