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MNC Metminco

0.325
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Metminco LSE:MNC London Ordinary Share AU000000MNC7 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.325 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Metminco Limited Appendix 3B (6957V)

01/02/2017 7:00am

UK Regulatory


Metminco (LSE:MNC)
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TIDMMNC

RNS Number : 6957V

Metminco Limited

01 February 2017

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 
Metminco Limited (Company) 
-------------------------- 
 
 
ABN 
43 119 759 349 
-------------- 
 

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       Ordinary fully paid shares 
      issued or to be             (Shares) 
      issued 
 
 2   Number of +securities       36,919,831 Shares 
      issued or to be 
      issued (if known) 
      or maximum number 
      which may be issued 
 
 3   Principal terms             Shares will rank pari 
      of the +securities          passu with existing Shares 
      (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) 
                                ---------------------------- 
 
 
 
 4     Do the +securities                                          The Shares rank pari 
       rank equally in                                              passu with existing Shares. 
       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 
                                                                  --------------------------------- 
 
 5     Issue price or                                              36,919,831 Ordinary Shares 
        consideration                                               at A A$0.1185 (GBP0.07) 
                                                                    per Ordinary Share to 
                                                                    raise approximately A$4.4 
                                                                    million before costs. 
                                                                  --------------------------------- 
 
  6    Purpose of the                                              The purpose of the issue 
        issue                                                       is to raise capital for 
        (If issued as                                               advancement of the Company's 
        consideration                                               Miraflores Gold Project 
        for the acquisition                                         and working capital purposes. 
        of assets, clearly 
        identify those 
        assets) 
                                                                  ---------------------------------------------------- 
 
  6a   Is the entity                                               Yes 
        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 
                                                                  ---------------------------------------------------- 
 
  6b   The date the security                                       31 January 2017 
        holder resolution 
        under rule 7.1A 
        was passed 
                                                                  ---------------------------------------------------- 
 
       Number of +securities 
        issued without 
        security holder 
        approval under 
  6c    rule 7.1                                                   36,919,831 
                                                                  ---------------------------------------------------- 
 
  6d   Number of +securities                                       Nil 
        issued with security 
        holder approval 
        under rule 7.1A 
                                                                  ---------------------------------------------------- 
 
  6e   Number of +securities                                       Nil 
        issued with security 
        holder approval 
        under rule 7.3, 
        or another specific 
        security holder 
        approval (specify 
        date of meeting) 
                                                                  ---------------------------------------------------- 
 
  6f   Number of +securities                                       Nil 
        issued under an 
        exception in rule 
        7.2 
                                                                  ---------------------------------------------------- 
 
  6g   If +securities                                              Nil 
        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. 
                                                                  ---------------------------------------------------- 
 
  6h   If +securities                                              Nil 
        were issued under 
        rule 7.1A for 
        non-cash consideration, 
        state date on 
        which valuation 
        of consideration 
        was released to 
        ASX Market Announcements 
                                                                  ---------------------------------------------------- 
 
  6i   Calculate the                                               Refer Annexure 1 
        entity's remaining 
        issue capacity 
        under rule 7.1 
        and rule 7.1A 
        - complete Annexure 
        1 and release 
        to ASX Market 
        Announcements 
                                                                  ---------------------------------------------------- 
 
 7       +Issue dates                                              31 January 2017 
          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 
                                                                  -------------------------------  ------------------- 
         Number and +class 
          of all +securities 
          quoted on ASX 
          (including the 
          +securities in                                                                            Fully Paid 
 8        section 2 if applicable)                                 127,200,299                      Ordinary Shares 
                                                                  -------------------------------  ------------------- 
 
 
 
                               Number    +Class 
                              --------  -------------------- 
      Number and +class                  Options exercisable 
       of all +securities                 at A$1.51 
       not quoted on                      per Option 
       ASX (including                     into Ordinary 
       the +securities                    Shares on 
       in section 2 if                    or before 
 9     applicable)             100,000    1 August 2017. 
                              --------  -------------------- 
 
 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          Not applicable 
       approval required? 
                                 --------------- 
 
 12   Is the issue renounceable   Not applicable 
       or non-renounceable? 
                                 --------------- 
 
 13   Ratio in which              Not applicable 
       the +securities 
       will be offered 
 
 14   +Class of +securities       Not applicable 
       to which the offer 
       relates 
                                 --------------- 
 
 15   +Record date to             Not applicable 
       determine entitlements 
                                 --------------- 
 
 16   Will holdings               Not applicable 
       on different registers 
       (or subregisters) 
       be aggregated 
       for calculating 
       entitlements? 
                                 --------------- 
 
 17   Policy for deciding         Not applicable 
       entitlements in 
       relation to fractions 
                                 --------------- 
 
 18   Names of countries          Not applicable 
       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            Not applicable 
       receipt of acceptances 
       or renunciations 
                                 --------------- 
 
 20   Names of any underwriters   Not applicable 
                                 --------------- 
 
 21   Amount of any               Not applicable 
       underwriting fee 
       or commission 
                                 --------------- 
 
 22   Names of any brokers        Not applicable 
       to the issue 
                                 --------------- 
 
 23   Fee or commission           Not applicable 
       payable to the 
       broker to the 
       issue 
                                 --------------- 
 
 24   Amount of any               Not applicable 
       handling fee payable 
       to brokers who 
       lodge acceptances 
       or renunciations 
       on behalf of security 
       holders 
                                 --------------- 
 
 25   If the issue is             Not applicable 
       contingent on 
       security holders' 
       approval, the 
       date of the meeting 
                                 --------------- 
 
 26   Date entitlement            Not applicable 
       and acceptance 
       form and offer 
       documents will 
       be sent to persons 
       entitled 
                                 --------------- 
 
 27   If the entity               Not applicable 
       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         Not applicable 
       will begin (if 
       applicable) 
                                 --------------- 
 
 29   Date rights trading         Not applicable 
       will end (if applicable) 
                                 --------------- 
 
 30   How do security             Not applicable 
       holders sell their 
       entitlements in 
       full through a 
       broker? 
                                 --------------- 
 
 31   How do security             Not applicable 
       holders sell part 
       of their entitlements 
       through a broker 
       and accept for 
       the balance? 
                                 --------------- 
 
 
 
 32   How do security          Not applicable 
       holders dispose 
       of their entitlements 
       (except by sale 
       through a broker)? 
                              --------------- 
 
 33   +Issue date              Not applicable 
                              --------------- 
 

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   +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    X    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 
             Refer Annexure 2 'Shareholding Metminco 
             Limited' 
 
 36    X    If the +securities are +equity securities, 
             a distribution schedule of the additional 
             +securities setting out the number 
             of holders in the categories 
            1 to 1,000                          1,071,998 
           ===========================  ================= 
            1,001 to 5,000                      2,240,354 
           ===========================  ================= 
            5,001 to 10,000                     2,172,492 
           ===========================  ================= 
            10,001 to 100,000                  12,361,591 
           ===========================  ================= 
            100,001 and Over                  109,353,864 
           ===========================  ================= 
 
 37         A copy of any trust deed for the additional 
             +securities 
 

Entities that have ticked box 34(b)

 
 38   Number of +securities                                        Not applicable 
       for which +quotation 
       is sought 
 
 39   +Class of +securities                                        Not applicable 
       for which quotation 
       is sought 
                                                                  ----------------- 
 
 40   Do the +securities                                           Not applicable 
       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                                           Not applicable 
       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                                            Not applicable   Not applicable 
       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: .31 January 2017. 

(Director/Company secretary)

   Print name:         Philip Killen 

== == == == ==

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                                                         59,506,716 
--------------------------------------------------------------  ------------- 
 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                     67,540,328 
--------------------------------------------------------------  ------------- 
 Subtract the number 
  of fully paid +ordinary 
  securities cancelled 
  during that 12 month 
  period                                                                    0 
--------------------------------------------------------------  ------------- 
 "A"                                                              127,047,044 
--------------------------------------------------------------  ------------- 
 
 
 Step 2: Calculate 15% of "A" 
----------------------------------------------------------------------------------------- 
 "B"                                                            0.15 
                                                                 [Note: this value cannot 
                                                                 be changed] 
-------------------------------------------------------------  -------------------------- 
 Multiply "A" by 0.15                                                          19,057,057 
-------------------------------------------------------------  -------------------------- 
 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                                    153,255 
-------------------------------------------------------------  -------------------------- 
 "C"                                                                              153,255 
-------------------------------------------------------------  -------------------------- 
 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                                                                            19,057,057 
-------------------------------------------------------------  -------------------------- 
 Subtract "C" 
  Note: number must be 
  same as shown in Step 
  3                                                                               153,255 
-------------------------------------------------------------  -------------------------- 
 Total ["A" x 0.15]                                                            18,903,802 
  - "C"                                                                [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                                                                 127,047,044 
--------------------------------------------------------------  ------------------------- 
 Step 2: Calculate 10% of "A" 
----------------------------------------------------------------------------------------- 
 "D"                                                             0.10 
                                                                  Note: this value cannot 
                                                                  be changed 
--------------------------------------------------------------  ------------------------- 
 Multiply "A" by 0.10                                                          12,704,704 
--------------------------------------------------------------  ------------------------- 
 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                                          12,704,704 
------------------------  ----------------------------- 
 Subtract "E" 
  Note: number must be 
  same as shown in Step 
  3                                                   0 
------------------------  ----------------------------- 
 Total ["A" x 0.10]                          12,704,704 
  - "E"                     Note: this is the remaining 
                                     placement capacity 
                                        under rule 7.1A 
------------------------  ----------------------------- 
 

Annexure 2: Shareholding Metminco Limited

 
 1    LANSTEAD CAPITAL LP             25,316,456   19.90% 
===  ==============================  =========== 
      COMPUTERSHARE CLEARING 
 2     PTY LTD                        23,977,371   18.85% 
===  ==============================  =========== 
 3    REDFIELD ASSET MANAGEMENT       10,970,464    8.62% 
===  ==============================  =========== 
      RMB AUSTRALIA HOLDINGS 
 4     LIMITED                         8,000,000    6.29% 
===  ==============================  =========== 
      HSBC CUSTODY NOMINEES 
 5     (AUSTRALIA) LIMITED             4,602,203    3.62% 
===  ==============================  =========== 
 6    WILNIC PTY LTD                   2,270,742    1.79% 
===  ==============================  =========== 
      MARTIN PLACE SECURITIES 
       STAFF SUPERANNUATION 
 7     FUND PTY LTD                    2,110,000    1.66% 
===  ==============================  =========== 
      CITICORP NOMINEES PTY 
 8     LIMITED                         2,008,594    1.58% 
===  ==============================  =========== 
 9    P G HOWARTH PTY LTD              1,630,000    1.28% 
===  ==============================  =========== 
 10   BARRICK GOLD CORPORATION         1,500,000    1.18% 
===  ==============================  =========== 
      HSBC CUSTODY NOMINEES 
 11    (AUSTRALIA) LIMITED             1,487,535    1.17% 
===  ==============================  =========== 
 12   FINHILL CAPITAL PTY LTD          1,095,001    0.86% 
===  ==============================  =========== 
 13   HUMBER RESOURCES INC             1,075,000    0.85% 
===  ==============================  =========== 
 14   MR VASILIOS VOTSARIS               858,544    0.67% 
===  ==============================  =========== 
      J P MORGAN NOMINEES AUSTRALIA 
 15    LIMITED                           857,375    0.67% 
===  ==============================  =========== 
 16   RSFT MANAGEMENT PTY LTD            830,000    0.65% 
===  ==============================  =========== 
      MINING INVESTMENT SERVICES 
 17    PTY LTD                           809,300    0.64% 
===  ==============================  =========== 
 18   ZTAK HOLDINGS PTY LTD              800,000    0.63% 
===  ==============================  =========== 
 19   TANGARRY PTY LTD                   694,026    0.55% 
===  ==============================  =========== 
      DR RONNY MARKS & MRS 
 20    DANA MARKS                        632,000    0.50% 
===  ==============================  =========== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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