Share Name Share Symbol Market Type Share ISIN Share Description
Mod Resources Limited LSE:MOD London Ordinary Share AU000000MOD3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 22.50 0.00 0.00 0.00 0.00 0.00 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining - - - - 77

MOD Resources Limited Section 708A Notice

11/10/2019 10:43am

UK Regulatory (RNS & others)

Mod Resources (LSE:MOD)
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RNS Number : 6279P

MOD Resources Limited

11 October 2019

11 October 2019

MOD Resources Limited

("MOD" or the "Company")

Section 708A Notice

MOD Resources Ltd (ASX: MOD/LSE) (the Company) advises that following the announcement on 9 October 2019 that the Scheme of Arrangement with Sandfire Resources NL (ASX:SFR) has become effective, the Company has issued 4,825,168 fully paid ordinary shares to Metal Tiger Plc following the exercise of unquoted consideration options (MTR Shares) and 22,322,222 fully paid ordinary shares to Metal Tiger Plc pursuant to the JV Consolidation Option (MTR JV Shares). The issue of the MTR Shares and the MTR JV Shares were approved at the general meeting of shareholders of the Company on 1 October 2019.

The Company has also issued 2,875,000 fully paid ordinary shares (Conversion Shares) following the immediate vesting and exercise of 2,875,000 performance rights expiring 21 February 2022 upon the Scheme of Arrangement becoming effective.

In accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth) (Corporations Act), the Company gives notice that:

(i) the MTR Shares, MTR JV Shares and Conversion Shares were issued without disclosure under Part 6D.2 of the Corporations Act;

   (ii)      this notice is being given under paragraph 5(e) of section 708A of the Corporations Act; 

(iii) as at the date of this notice, the Company has complied with the provisions of the Chapter 2M of the Corporations Act (as they apply to the Company) and section 674 of the Corporations Act;

(iv) as at the date of this notice, there is no excluded information with respect to the Company for the purposes of sections 708A(7) and (8) of the Corporations Act.

An Appendix 3B reflecting the revised capital structure following the issue of the above securities has been released with this announcement.

For and on behalf of the MOD Board.

Julian Hanna                Mark Clements 
 Managing Director           Executive Chairman and Company 
Jeff Sansom                 Jos Simson / Emily Moss (UK PR 
 Investor Relations          & IR) 
 E:   Tavistock 
 P: +61 (8) 9322 8233        P: +44 (0) 207 920 3150 
                             P: +44 (0) 778 855 4035 

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October 11, 2019 05:43 ET (09:43 GMT)

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