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
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White Rock Minerals Ltd
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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
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+Class of +securities issued or to be issued
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Fully Paid Ordinary Shares
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2
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Number of +securities issued or to be issued (if known) or maximum number which may be issued
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3,000,000 Fully Paid Ordinary Shares pursuant to the Placement as announced to ASX on 5 December 2016.
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3
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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)
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Fully Paid Ordinary Shares
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4
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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:
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the date from which they do
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the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment
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the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment
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Yes
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5
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Issue price or consideration
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$0.015 (1.5 cents) per share
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6
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Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
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Fully paid ordinary shares are being issued pursuant to the placement to sophisticated and professional investors announced to the market on 5 December 2016. The funds raised from the Placement (after costs) will be used to advance the Definitive Feasibility Study (DFS), Environmental Impact Statement and associated approvals for White Rock's Mt Carrington Project and for general working capital purposes.
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6a
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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
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Yes
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6b
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The date the security holder resolution under rule 7.1A was passed
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30 November 2016
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6c
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Number of +securities issued without security holder approval under rule 7.1
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Nil
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6d
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Number of +securities issued with security holder approval under rule 7.1A
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Nil
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6e
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Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
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Nil
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6f
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Number of +securities issued under an exception in rule 7.2
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3,000,000 Fully Paid Ordinary Shares
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6g
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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.
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Not applicable
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6h
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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
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Not applicable
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6i
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Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
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114,825,937 (under rule 7.1) 76,550,624 (under rule 7.1A) 191,376,561 (total)
See Annexure 1
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7
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+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.
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19 December 2016
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Number
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+Class
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765,506,245
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Ordinary Fully Paid Shares
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-
Number and +class of all
+securities quoted on ASX (including the +securities in section 2 if applicable)
Number
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+Class
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23,584,360
57,692,308
19,230,769
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Options
A Class Options B Class Options
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-
Number and +class of all
+securities not quoted on ASX (including the +securities in section 2 if applicable)
Not applicable
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Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
Part 2 - Pro rata issue
11
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Is security holder approval required?
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Not applicable
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12
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Is the issue renounceable or non- renounceable?
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Not applicable
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13
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Ratio in which the +securities will be offered
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Not applicable
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14
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+Class of +securities to which the offer relates
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Not applicable
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15
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+Record date to determine entitlements
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Not applicable
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16
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Will holdings on different registers (or subregisters) be aggregated for calculating entitlements?
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Not applicable
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17
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Policy for deciding entitlements in relation to fractions
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Not applicable
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