Wrap Text
Lapse of Options, Appendix 3B and Appendix 3Y
Tawana Resources NL
(Incorporated in Australia)
(Registration number ACN 085 166 721)
Share code on the JSE Limited: TAW
JSE ISIN: AU0000TAWDA9
Share code on the Australian Stock Exchange Limited: TAW
ASX ISIN: AU000000TAW7
(“the Company” or “Tawana”)
Lapse of Options, Appendix 3B and Appendix 3Y
Tawana Resources NL (“Tawana”) advises that the following options have expired
and hence cancelled.
- 500,000 Options ($0.36, Expiry 12 December 2016); and
- 75,000 Class A Incentive Options ($0.30, Expiry 12 December 2016).
For and on behalf of the Board
Michael Naylor
Company Secretary
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
Name of entity
TAWANA RESOURCES NL
ABN
69 085 166 721
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 (a) Fully paid ordinary shares
to be issued (b) Fully paid ordinary shares
2 Number of +securities issued (a) 27,200,175
or to be issued (if known) or (b) 50,000,000
maximum number which may
be issued
3 Principal terms of the (a) Fully paid ordinary shares
+securities (eg, if options, (b) Fully paid ordinary shares
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)
4 Do the +securities rank equally (a) Yes
in all respects from the date of (b) Yes but note they are subject to a 12
allotment with an existing +class month trading restriction.
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 consideration (a) $0.12 per share
(b) Nil, deemed price of $0.12 per share,
consideration for acquisition of Lithco No
2 Pty Ltd as outlined in the Notice of
Meeting dated 22 November 2016.
6 Purpose of the issue (a) To continue the substantial drilling
(If issued as consideration for program at the Ball Hill Lithium Project
the acquisition of assets, clearly and complete the assays and metallurgy at
identify those assets) the Uis Lithium Project in Namibia and
for general working capital.
(b) Consideration for the acquisition of
Lithco No 2 Pty Ltd.
6a Is the entity an +eligible entity No
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
6b The date the security holder N/A
resolution under rule 7.1A was
passed
6c Number of +securities issued N/A
without security holder approval
under rule 7.1
6d Number of +securities issued N/A
with security holder approval
under rule 7.1A
6e Number of +securities issued N/A
with security holder approval
under rule 7.3, or another
specific security holder approval
(specify date of meeting)
6f Number of securities issued N/A
under an exception in rule 7.2
6g If securities issued under rule N/A
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.
6h If securities were issued under N/A
rule 7.1A for non-cash
consideration, state date on
which valuation of
consideration was released to
ASX Market Announcements
6i Calculate the entity’s remaining 7.1 – 51,553,175
issue capacity under rule 7.1 and 7.1A – N/A
rule 7.1A – complete Annexure 1
and release to ASX Market
Announcements
7 Dates of entering +securities 30 December 2016
into uncertificated holdings or
despatch of certificates
Number
8 Number and +class of all 371,854,502
+securities quoted on ASX
(including the securities in
section 2 if applicable)
9 Number and +class of all 550,000 Class F Incentive Options
+securities not quoted on ASX
($0.178, 26 May 2018)
(including the securities in 2,500,000 Class G Placement Options ($0.035,
section 2 if applicable) 15 June 2018)
3,000,000 Class H Incentive Options ($0.06, 30
June 2019)
Class I Incentive Options ($0.06, 30
2,000,000 June 2019)
10 Dividend policy (in the case of a Unchanged
trust, distribution policy) on the
increased capital (interests)
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval N/A
required?
12 Is the issue renounceable or non- N/A
renounceable?
13 Ratio in which the +securities N/A
will be offered
14 +Class of +securities to which the N/A
offer relates
15 +Record date to determine N/A
entitlements
16 Will holdings on different N/A
registers (or subregisters) be
aggregated for calculating
entitlements?
17 Policy for deciding entitlements N/A
in relation to fractions
18 Names of countries in which the N/A
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 receipt of N/A
acceptances or renunciations
20 Names of any underwriters N/A
21 Amount of any underwriting fee N/A
or commission
22 Names of any brokers to the N/A
issue
23 Fee or commission payable to the N/A
broker to the issue
24 Amount of any handling fee N/A
payable to brokers who lodge
acceptances or renunciations on
behalf of +security holders
25 If the issue is contingent on N/A
+security holders’ approval, the
date of the meeting
26 Date entitlement and acceptance N/A
form and prospectus or Product
Disclosure Statement will be sent
to persons entitled
27 If the entity has issued options, N/A
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 N/A
applicable)
29 Date rights trading will end (if N/A
applicable)
30 How do +security holders sell N/A
their entitlements in full through
a broker?
31 How do +security holders sell N/A
part of their entitlements
through a broker and accept for
the balance?
32 How do +security holders dispose N/A
of their entitlements (except by
sale through a broker)?
33 +Issue 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 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 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 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 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.
Sign here: ................... ........................ …. Date: 30 December 2016
(Company secretary)
30 December 2016
Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Appendix 3B – Annexure 1
Calculation of placement capacity under rule 7.1 and rule 7.1A for
+eligible entities
Introduced 01/08/12
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 73,762,751
securities on issue 12 months before date
of issue or agreement to issue
Add the following: 34,406,658 (Rights Issue 3 June 2016)
• Number of fully paid ordinary securities 39,356,093 (Rights Issue shortfall 16 June
issued in that 12 month period under 2016)
an exception in rule 7.2
19,620,000 (ratified and approved at
• Number of fully paid ordinary securities shareholder meeting dated 23 August 2016 )
issued in that 12 month period with
shareholder approval 90,380,000 (approved at shareholder
meeting dated 23 August 2016)
• Number of partly paid ordinary
securities that became fully paid in that 1,000,000 Options (exercise of options on 24
12 month period November 2016)
Note: 29,628,825 (ratified at shareholder meeting
• Include only ordinary securities here – dated 23 December 2016)
other classes of equity securities
cannot be added 5,000,000 (ratified at shareholder meeting
• Include here (if applicable) the dated 23 December 2016)
securities the subject of the Appendix
3B to which this form is annexed 27,200,175 (approved at shareholder
• It may be useful to set out issues of meeting dated 23 December 2016)
securities on different dates as
separate line items 50,000,000 (approved at shareholder
meeting dated 23 December 2016)
Subtract the number of fully paid ordinary -
securities cancelled during that 12 month
period
“A” 370,354,502
Step 2: Calculate 15% of “A”
“B” 0.15
[Note: this value cannot be changed]
Multiply “A” by 0.15 55,553,175
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 2,500,000 Options (refer appendix 3B on 16
agreed to be issued in that 12 month period June 2016)
not counting those issued:
1,500,000 Shares (refer appendix 3B on 24
• Under an exception in rule 7.2 August 2016)
• 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
“C” 4,000,000
Step 4: Subtract “C” from [“A” x “B”] to calculate remaining
placement capacity under rule 7.1
“A” x 0.15 55,553,175
Note: number must be same as shown in
Step 2
Subtract “C” 4,000,000
Note: number must be same as shown in
Step 3
Total [“A” x 0.15] – “C” 51,553,175
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” Not Applicable
Note: number must be same as shown in
Step 1 of Part 1
Step 2: Calculate 10% of “A”
“D” 0.10
Note: this value cannot be changed
Multiply “A” by 0.10
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
“E”
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
Subtract “E”
Note: number must be same as shown in
Step 3
Total [“A” x 0.10] – “E” Note: this is the remaining placement
capacity under rule 7.1A
Appendix 3Y
Change of Director’s Interest Notice
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 30/09/01 Amended 01/01/11
Name of entity Tawana Resources NL
ABN 69 085 721
We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for
the director for the purposes of section 205G of the Corporations Act.
Name of Director Mr Mark Andrew Calderwood
Date of last notice 25 October 2016
Part 1 - Change of director’s relevant interests in securities
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should
be disclosed in this part.
Direct or indirect interest Indirect
Nature of indirect interest Corporate and Resource Consultants Pty Ltd (Mr
(including registered holder) Calderwood is a beneficiary of the Trust that owns
Note: Provide details of the circumstances giving rise to the
relevant interest.
Corporate and Resource Consultants Pty Ltd)
Date of change 30 December 2016
No. of securities held prior to change Direct Interests
Mr Mark Andrew Calderwood – 3,800,000 fully paid
ordinary shares
Mr Mark Andrew Calderwood – 3,000,000 Options
(Exercise Price $0.06, expire 30 June 2019)
Indirect Interests
Corporate and Resource Consultants Pty Ltd (Mr
Calderwood is a beneficiary of the Trust that owns
Corporate and Resource Consultants Pty Ltd). Mr
Calderwood is entitled to the following – 7,620,000
fully paid ordinary shares.
Class Fully Paid Ordinary Shares
Number acquired
10,460,000 Fully Paid Ordinary Shares
Number disposed
Nil
Value/Consideration Nil, but deemed issue price of $0.12 per share.
Note: If consideration is non-cash, provide details and estimated
valuation
No. of securities held after change
Direct Interests
Mr Mark Andrew Calderwood – 3,800,000 fully paid
ordinary shares
Mr Mark Andrew Calderwood – 3,000,000 Options
(Exercise Price $0.06, expire 30 June 2019)
Indirect Interests
Corporate and Resource Consultants Pty Ltd (Mr
Calderwood is a beneficiary of the Trust that owns
Corporate and Resource Consultants Pty Ltd). Mr
Calderwood is entitled to the following – 18,080,000
fully paid ordinary shares.
Nature of change
Example: on-market trade, off-market trade, exercise of options, Issue of Securities relating to acquisition of Lithco No 2
issue of securities under dividend reinvestment plan, participation
in buy-back Pty Ltd as outlined in the notice of meeting dated 22
November 2016.
Part 2 – Change of director’s interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should
be disclosed in this part.
Detail of contract
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has
changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details
and an estimated valuation
Interest after change
Part 3 – +Closed period
Were the interests in the securities or contracts detailed No
above traded during a +closed period where prior written
clearance was required?
If so, was prior written clearance provided to allow the trade
to proceed during this period?
If prior written clearance was provided, on what date was this
provided?
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Date: 30/12/2016 10:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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