Microsoft Word - 2016-01-25 Appendix_3B option exercise.doc
25 January 2016
Company Announcements Office ASX Limited
Exchange Centre
Level 6, 20 Bridge Street
SYDNEY NSW 2000
WPG Resources Ltd
ABN 51 109 426 502
PO Box N239, Grosvenor Place NSW 1220, Australia Level 9, Kyle House, 27-31 Macquarie Place, Sydney, NSW Australia
Telephone (+612) 9251 1044
Facsimile (+612) 9247 3434 Email [email protected] Web www.wpgresources.com.au
Exercise of options - Appendix 3B
WPG Resources Ltd (ASX: WPG) advises that 794 of the Company's $0.04 exercise price options have been exercised. The Company therefore advises the issue of 794 new WPG shares.
Attached is a completed Appendix 3B with respect to this issue.
Notice Under Section 708A(5)(e)
WPG Resources has resolved to issue a total of 794 fully paid ordinary shares at an issue price of $0.04 per share on the exercise of existing options.
The shares will be allotted on 25 January 2016. WPG Resources gives notice that:
-
this notice is being given under Section 708A(5)(e) of the Corporations Act 2001 (Corporations Act);
-
WPG Resources will issue the new shares without disclosure to investors under Part 6D.2 of the Corporations Act;
-
as at the date of this notice, WPG Resources has complied with:
-
the provisions of Chapter 2M of the Corporations Act as they apply to WPG Resources; and
-
section 674 of the Corporations Act; and
-
except as may be set out in this notice, there is no other information that is excluded information as at the date of this notice which is required to be set out in this notice under Section 708A(6)(e) of the Corporations Act.
Yours sincerely
WPG Resources Ltd
Larissa Brown
Company Secretary
Appendix 3B
New issue announcement
Appendix 3B
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
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, 04/03/13
Name of entity
WPG Resources Ltd
ABN
51 109 426 502
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).
Fully paid ordinary shares
1 +Class of +securities issued or to be issued
794 fully paid ordinary shares on exercise of existing options
-
Number of +securities issued or to be issued (if known) or maximum number which may be issued
794 shares are issued to one optionholder as a result of the exercise of existing options (exercise price $0.04, expiry date 31 December 2016) at a price of $0.04 each.
-
Principal terms of the
+securities (e.g. 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)
The shares will rank equally with WPG fully paid ordinary shares from the date of allotment.
-
Do the +securities rank equally in all respects from the +issue date 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
Appendix 3B New issue announcement
794 shares at $0.04 per share
-
Issue price or consideration
794 shares are issued on exercise of existing options at a price of $0.04 each.
-
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
Yes
6a Is the entity an +eligible entity 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
25 November 2015
6b The date the security holder resolution under rule 7.1A was passed
Not applicable
6c Number of +securities issued without security holder approval under rule 7.1
Not applicable
6d Number of +securities issued with security holder approval under rule 7.1A
Not applicable
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
Appendix 3B
New issue announcement
794 fully paid ordinary shares are issued under Exception 4
6f Number of +securities issued under an exception in rule 7.2
Not applicable
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.
Not applicable
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
See attached Annexure 1
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
25 January 2016
7 +Issue dates
Note: The issue date may be prescribed by ASX (refer to the definition of issue date in rule 19.12). For example, the issue date for a pro rata entitlement issue must comply with the applicable timetable in Appendix 7A.
Cross reference: item 33 of Appendix 3B.
|
Number
|
+Class
|
|
400,827,208*
93,752,370
|
Fully paid ordinary shares
Options $0.04 exercise price and expiry date 31 December 2016
|
8 Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
-
A further 7,500,000 shares will be issued and allotted to Mungana Goldmines on development of the gold projects at Tunkillia or Tarcoola
-
A further 10,000,000 shares will be issued and allotted to Helix Resources on development of the Tunkillia gold project