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BGF Ballarat Gold

12.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ballarat Gold LSE:BGF London Ordinary Share AU000000BGF7 ORD SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.50 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Additional Listing

21/02/2006 7:00am

UK Regulatory


RNS Number:6914Y
Ballarat Goldfields N.L.
21 February 2006

Ballarat Goldfields NL
ASX and Media release: 21 February 2006

                         Appendix 3B - Loan Conversion

Ballarat Goldfields NL (BGF) has today issued 1,855,999 shares to Investec Bank
(Australia) Limited being a conversion of part of its loan facility with BGF.
Attached is the fully completed Appendix 3B in this regard. The remaining
balance of the Investec loan facility is $5,536,000.25. In accordance with the
loan documentation, the shares issued on conversion of the loan facility are
being issued at 25 cents each.

BGF is issuing ordinary shares without disclosure to Investec under the
fundraising provisions of Part 6D.2 of the Corporations Act, and this notice is
given pursuant to section 708A (5) (e) of the Corporations Act. As at the date
of this notice, BGF has complied with its financial reporting and auditing
obligations under Chapter 2M of the Corporations Act and its continuous
disclosure obligations under section 674 of the Corporations Act. In particular,
there is no information which BGF has withheld from Listing Rule 3.1 disclosure
under the confidentiality carve-out from disclosure.

For further information, please visit our website www.ballarat-goldfields.com.au
or contact Joel Forwood, Manager Corporate and Markets, on 03 5327 1111.



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 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.

Name of entity
BALLARAT GOLDFIELDS NL

ABN
50 006 245 441

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        Fully Paid Ordinary
                                                        Shares
                                                        ------------------------
                                                        ------------------------
2   Number of +securities issued or to be issued (if                 1,855,999
    known) or maximum number which may be issued        ------------------------
                                                        ------------------------
3   Principal terms of the +securities (eg, if options, Fully Paid Ordinary
    exercise price and expiry date; if partly paid      Shares
    +securities, the amount outstanding and due dates   ------------------------
    for payment; if +convertible securities, the
    conversion price and dates for conversion)

                                                        ------------------------
4      * Do the +securities rank                        Yes
        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

                                                        ------------------------
5   Issue price or consideration                        25 cents
                                                        ------------------------
                                                        ------------------------
    Purpose of the issue              Conversion of part balance of the loan facility
                                      held with Investec Bank (Australia) Limited.
6   (If issued as consideration for
    the acquisition of assets,                          ------------------------
    clearly identify those assets)
                                                        ------------------------
  7   Dates of entering +securities                     21 February 2006
      into uncertificated holdings or                   ------------------------
      despatch of certificates
                                      -------------          -------------
                                      Number                 +Class
                                      -------------          -------------
  8   Number and +class of all               1,164,229,323   Ordinary Shares
      +securities quoted on ASX                ------------- -------------
      (including the securities in
      clause 2 if applicable)


                                  ---------    -----------------
                                  Number       +Class
                                  ---------    -----------------
 9   Number and +class of all     11,000,000   Directors Options Exercisable one
     +securities not quoted on                 third each at an exercise price
     ASX (including the                        of 12 cents; 13 cents and 15
     securities in clause 2 if                 cents respectively. Expiry Date
     applicable)                               30 September 2007
                                   1,500,000   Employee Options Exercisable At
                                               25.00 Cents Per Option Expiry
                                               Date 30 September 2008
                                   2,000,000   Employee Options Exercisable At
                                               17.25 Cents Per Option Expiry
                                               Date 30 September 2007
                                   2,666,668   Employee Options Exercisable At
                                               4.72 Cents Per Option Expiry Date
                                               30 September 2006
                                   5,000,000   RFC Options Exercisable At 3.45
                                               Cents Per Option,
                                   5,000,000   Expiry Date 30 September 2006.
                                               RFC & Numis Options Exercisable
                                     --------- At 15.0 Cents Per Option, Expiry
                                               Date: 2 December 2007.
                                               -----------------
                                                        ------------------------
10   Dividend policy (in the case N/A
     of a trust, distribution     ------------------------
     policy) on the increased
     capital (interests)

Part 2 - Bonus issue or pro rata issue - (not applicable)

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 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 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 prospectus or Product Disclosure
     Statement 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   +Despatch 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)           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.

We warrant that if confirmation is required under section 1017F of the
Corporations Act in relation to the +securities to be quoted, it has been
provided 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.

(Managing Director)                                      Date: 21 February 2006
Print name: RICHARD LAUFMANN
            == == == == ==



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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