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FSE - Firestone Energy Limited - Appendix 3B

Release Date: 22/06/2011 09:04
Code(s): FSE
Wrap Text

FSE - Firestone Energy Limited - Appendix 3B FIRESTONE ENERGY LIMITED (formerly: Centralian Minerals Limited) (Incorporated in Australia) (Registration number ABN 058 436 794) Share code on the JSE Limited: FSE Share code on the ASX: FSE ISIN: AU000000FSE6 (SA company registration number 2008/023973/10) ("FSE" or "the Company") 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 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003, 24/10/2005. Name of entity Firestone Energy Limited ABN 71 058 436 794 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 Convertible Notes issued or to be issued 2 Number of +securities 6 x A$100,000 notes, converts issued or to be issued to 30,000,000 shares at 2cents (if known) or maximum per share number which may be issued 3 Principal terms of the +securities (eg, if As per amended terms of the options, exercise price convertible note deed and expiry date; if announced to the market on 23 partly paid +securities, August 2010 the following the amount outstanding applies to this issue. and due dates for payment; if +convertible 6 x $100,000 converts to securities, the 30,000,000 ordinary shares conversion price and (2.0 cps conversion) dates for conversion) General Terms of the Convertible Notes
First repayment date is 22 June 2014 Notes are unsecured Interest is payable on a semi-
annual basis at 10% per annum Do the +securities rank Only once conversion takes equally in all respects place. 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
5 Issue price or 6 x A$100,000 notes = consideration $600,000
6 Purpose of the issue Meeting all commitments due (If issued as to its Joint Venture partner, consideration for the Sekoko Coal (PTY) Limited and acquisition of assets, working capital requirements, clearly identify those as announced to Market on 11 assets) September 2009.
7 Dates of entering 22 June 2011 +securities into uncertificated holdings or despatch of certificates
8 Number and +class of Number +Class all +securities quoted on ASX (including the securities in clause 2 if applicable) 2,781,314,361 Ordinary fully paid shares
(FSE) 42,382,500 FSEO: Options
exercisable at $0.04 per share and expiring on 31
May 2014. Number +Class 9 Number and +class of Unlisted Options Unlisted all +securities not Options quoted on ASX 30,000,000 FSEAK Exercise (including the 110,000,000 FSEAM Expiry securities in clause 2 96,904,767 FSEAO 5 cents 30 if applicable) 25,875,000 FSEAI Nov 12 6 cents 31 Unlisted May 13 Convertible 6 cents 30
Notes Jun 13 6 cents 30 Con Note 1 - 12 Jun 14 FSEAQ
Con Note 2 - 3 Conversion FSEAS number- Con Note 3 - 3 Variable FSEAU per Note
Con Note 4 - 3 Repayment FSEAY dates - Con Note 5- 3 2 October FSEAW 2012
Con Note 6 - 3 16 November FSEAZ 2012 Con Note 7 - 3 18 December FSEAA 2012
Con Note 8 - 1 x 21 January ($500k) 2013 23 February 4 x ($100k) 2013
Con Note 9 - 9 x 23 March ($100k) 2013 Con Note 13 - 6 x 30 April ($100k) 2010
Con Note 14 - 6 x 04 June 2013 ($100k) 04 June 2013 Con Note 15 - 6 x 13 July 2013 ($100k) 8 November
Con Note 16 - 6 x 2013 ($100k) 23 November Con Note 17 - 9 x 2013 ($100k) 22 December
Con Note 20 - 6 x 2013 ($100k) 24 January Con Note 21 - 6 x 2014 ($100k) 22 February
2014 24 May 2014 22 June 2014
10 Dividend policy (in the The Company may pay dividends to case of a trust, ordinary shareholders as the distribution policy) on Directors resolve. the increased capital (interests) Part 2 Bonus issue or pro rata issue 11 Is security holder N/A approval required' 12 Is the issue N/A renounceable or non- renounceable' 13 Ratio in which the N/A +securities will be offered 14 +Class of N/A +securities to which the offer relates 15 +Record date to N/A determine entitlements 16 Will holdings on N/A different registers (or subregisters) be aggregated for calculating entitlements' 17 Policy for deciding N/A entitlements in relation to fractions
18 Names of countries N/A 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 N/A receipt of acceptances or renunciations 20 Names of any N/A underwriters 21 Amount of any N/A underwriting fee or commission 22 Names of any brokers N/A to the issue
23 Fee or commission N/A payable to the broker to the issue
24 Amount of any N/A handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders
25 If the issue is N/A contingent on +security holders` approval, the date of the meeting 26 Date entitlement and N/A acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled 27 If the entity has N/A 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 N/A will begin (if applicable)
29 Date rights trading N/A will end (if applicable)
30 How do +security N/A holders sell their entitlements in full through a broker' 31 How do +security N/A holders sell part of their entitlements through a broker and accept for the balance' 32 How do +security N/A holders dispose of their entitlements (except by sale through a broker)'
33 +Despatch date N/A 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 N/A for which +quotation is sought 39 Class of +securities N/A for which quotation is sought
40 Do the +securities N/A 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 N/A 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) Number +Class 42 Number and +class of N/A N/A all +securities quoted on ASX (including the securities in clause 38)
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. Pretoria 22 June 2011 Company Secretary Jerry Monzu Sponsor and Corporate Advisor River Group Date: 22/06/2011 09:04:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.