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FIRESTONE ENERGY LIMITED - Appendix 3B New issue announcement, application for quotation of additional securities and agreement

Release Date: 16/10/2015 13:18
Code(s): FSE     PDF:  
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Appendix 3B 
New issue announcement,
application for quotation of additional securities
and agreement

FIRESTONE ENERGY 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
FSE01 - ISIN: AU00000FSE02
(SA company registration number 2008/023973/10)
("FSE" or "the Company")

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

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 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
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 issued or to 
be issued

A.  Ordinary Shares - fully paid
B.  Unlisted Options



2
Number of +securities issued or to 
be issued (if known) or maximum 
number which may be issued

A.  36,842,158 Shares
B.    2,000,00 Unlisted Options



3

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)
A.  Shares - same as on issue
B.  Options - Ex price $0.01, Expire 
30/4/17



4
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
 A.  Shares - Yes
 B.  Options - No. New class
 On conversion the shares 
will rank pari passu with 
ordinary shares on issue
 
 
 
 5
 Issue price or consideration
 
 Shares -AU$0.01 (ZAR0.095)
 Options - no cost
 
 
 
 6
 Purpose of the issue
 (If issued as consideration 
for the acquisition of assets, 
clearly identify those assets)
 
 A.  Shares - To raise working capital (WC)
 B.  In lieu interest onr short term WC loans
 

 
 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
 Yes
 

 
 6b
 The date the security holder 
resolution under rule 7.1A 
was passed
 28 Nov 2014
 

 
 6c
 Number of +securities issued 
without security holder 
approval under rule 7.1
 A.  Shares   =   36,842,158
 B.  Options =    2,000,000
 

 
 6d
 Number of +securities issued 
with security holder approval 
under rule 7.1A
 
 Nil
 

 
 6e
 Number of +securities issued 
with security holder approval 
under rule 7.3, or another 
specific security holder 
approval (specify date of 
meeting)
 
 
 Nil
 

 
 6f
 Number of +securities issued 
under an exception in rule 
7.2
 
 Nil
 

 
 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.
 
 N/A
 

 
 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
 
 N/A
 

 
 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
 LR7.1    493,612,650
 LR7.1A  354,969,872
 

 
 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.
 19 October 2015
 
 
 
 
 
 Number
 +Class
 8
 Number and +class of all 
+securities quoted on ASX 
(including the +securities in 
section 2 if applicable)
 
 
 
 
 3,586,540,881
 
 Ordinary fully paid
 


 
 
 
 Number
 +Class
 9
 Number and +class of all 
+securities not quoted on 
ASX (including the 
+securities in section 2 if 
applicable)
 
 
 
 
 27,145,000
 
 475,971,429
 
 
 
 2,000,000
 
 Convertible Notes $1.00 
(each convertible to 40 x 
FPOS)
 Convertible Notes AU$0.007 
(each converts to one 
ordinary share)
 
 Unlisted Options Exercise 
price $0.01, Expiry 30/4/17
 
 
 
 10 Dividend policy (in the case of a trust, distribution policy) on the increased 
capital (interests)
 
 Part 2 - Pro rata issue
 
 11 Is security holder approval required?
 
 
 
 12 Is the issue renounceable or non-renounceable?
 
 
 
 13 Ratio in which the +securities will be offered
 
 
 
 14 +Class of +securities to which the offer relates
 
 
 
 15 +Record date to determine entitlements
 
 
 
 16 Will holdings on different registers (or subregisters) be aggregated for 
calculating entitlements?
 
 
 
 17 Policy for deciding entitlements in relation to fractions
 
 
 
 18 Names of countries in which the entity has security holders who will not be 
sent new offer documents
 Note: Security holders must be told how their entitlements are to be dealt with. 
 Cross reference: rule 7.7
 
 19 Closing date for receipt of acceptances or renunciations
 
 
 
 20 Names of any underwriters
 
 
 
 21 Amount of any underwriting fee or commission
 
 
 
 22 Names of any brokers to the issue
 
 
 
 23 Fee or commission payable to the broker to the issue
 
 
 
 24 Amount of any handling fee payable to brokers who lodge acceptances or 
renunciations on behalf of security holders
 
 
 
 25 If the issue is contingent on security holders' approval, the date of the meeting
 
 
 
 26 Date entitlement and acceptance form and offer documents will be sent to 
persons entitled
 
 
 
 27 If the entity has 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 will begin (if applicable)
 
 
 
 29 Date rights trading will end (if applicable)
 
 
 
 30 How do security holders sell their entitlements in full through a broker?
 
 
 
 31 How do security holders sell part of their entitlements through a broker and 
accept for the balance?
 
 
 
 32 How do security holders dispose of their entitlements (except by sale through 
a broker)?
 
 
 
 33 +Issue date
 
 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)
 X
 
 +Shares described in Part 1
 
 
 
 
 (b)
 0
 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
 0
 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
 0
 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
 0
 A copy of any trust deed for the additional +securities
 
 
 Entities that have ticked box 34(b)
 
 38 Number of +securities for which +quotation is sought
 
 39 +Class of +securities for which quotation is sought
 
 
 
 40 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



41 Reason for request 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 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 is not available now, we 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.

Sign here: Date: 16 October 2015
(Director/Company secretary)

Print name:  E L (Lee) Boyd



Appendix 3B - Annexure 1

Calculation of placement capacity under rule 7.1 and rule 7.1A for eligible 
entities
Introduced 01/08/12  Amended 04/03/13

Part 1

Rule 7.1 - Issues exceeding 15% of capital
Step 1: Calculate "A", the base figure from which the placement capacity is 
calculated
Insert number of fully paid +ordinary 
securities on issue 12 months before the 
+issue date or date of agreement to 
issue
3,549,698,723
Add the following:
*Number of fully paid +ordinary securities issued in that 12 month period under an 
exception in rule 7.2
*Number of fully paid +ordinary securities issued in that 12 month period with 
shareholder approval
*Number of partly paid +ordinary securities that became fully paid in that 12 
month period
Note:
*Include only ordinary securities here - other classes of equity securities cannot be 
added
*Include here (if applicable) the securities the subject of the Appendix 3B to which 
this form is annexed
*It may be useful to set out issues of securities on different dates as separate line 
items
Subtract the number of fully paid +ordinary securities cancelled during that 12 
month period
"A"
3,549,698,723



Step 2: Calculate 15% of "A"
"B"
0.15
[Note: this value cannot be changed]
Multiply "A" by 0.15
532,454,808
Step 3: Calculate "C", the amount of placement capacity under rule 7.1 that has 
already been used
Insert number of +equity securities issued or agreed to be issued in that 12 month 
period not counting those issued:
*Under an exception in rule 7.2
*Under rule 7.1A
*With security holder approval under rule 7.1 or rule 7.4
Note:
*This applies to equity securities, unless specifically excluded - not just ordinary 
securities
*Include here (if applicable) the securities the subject of the Appendix 3B to which 
this form is annexed
*It may be useful to set out issues of securities on different dates as separate line 
items
36,842,158   Shares
  2,000, 000  Options
"C"
38,842,158
Step 4: Subtract "C" from ["A" x "B"] to calculate remaining placement 
capacity under rule 7.1
"A" x 0.15
Note: number must be same as shown 
in Step 2
532,454,808
Subtract "C"
Note: number must be same as shown 
in Step 3
38,842,158
Total ["A" x 0.15] - "C"
493,612,650
[Note: this is the remaining placement 
capacity under rule 7.1]




Part 2

Rule 7.1A - Additional placement capacity for eligible entities
Step 1: Calculate "A", the base figure from which the placement capacity is 
calculated
"A"
Note: number must be same as shown 
in Step 1 of Part 1
3,549,698,723
Step 2: Calculate 10% of "A"
"D"
0.10
Note: this value cannot be changed
Multiply "A" by 0.10
354,969,872
Step 3: Calculate "E", the amount of placement capacity under rule 7.1A that 
has already been used
Insert number of +equity securities issued or agreed to be issued in that 12 month 
period under rule 7.1A
Notes:
*This applies to equity securities - not just ordinary securities
*Include here - if applicable - the securities the subject of the Appendix 3B to 
which this form is annexed
*Do not include equity securities issued under rule 7.1 (they must be dealt with in 
Part 1), or for which specific security holder approval has been obtained
*It may be useful to set out issues of securities on different dates as separate line 
items
Nil
"E"
Nil



Step 4: Subtract "E" from ["A" x "D"] to calculate remaining placement 
capacity under rule 7.1A
"A" x 0.10
Note: number must be same as shown 
in Step 2
354,969,872
Subtract "E"
Note: number must be same as shown 
in Step 3
Nil
Total ["A" x 0.10] - "E"
354,969,872
Note: this is the remaining placement 
capacity under rule 7.1A


16 October 2015
Johannesburg
Sponsor
River Group





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