Alliance Resources : Proposed issue of securities - AGS

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

ALLIANCE RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement

2/2/2022

The Proposed issue is:

A standard pro rata issue (including non-renounceable or renounceable)

Total number of +securities proposed to be issued for a standard pro rata issue (including non-renounceable or renounceable)

		Maximum Number of
ASX +security code	+Security description	+securities to be issued
AGS	ORDINARY FULLY PAID	26,002,142
Ex date
4/2/2022
+Record date
7/2/2022
Offer closing date
25/2/2022

Issue date

4/3/2022

Refer to next page for full details of the announcement

Proposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of +Entity

ALLIANCE RESOURCES LIMITED

We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules.

If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation).

1.2	Registered Number Type	Registration Number
ABN	38063293336
1.3	ASX issuer code
AGS

1. The announcement is New announcement
2. Date of this announcement

2/2/2022

1.6 The Proposed issue is:

A standard +pro rata issue (non-renounceable or renounceable)

1.6a The proposed standard +pro rata issue is: + Non-renounceable

Proposed issue of securities

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Proposed issue of securities

Part 3 - Details of proposed entitlement offer issue

only
	Part 3A - Conditions
		3A.1 Do any external approvals need to be obtained or other conditions satisfied before the entitlement offer can
		proceed on an unconditional basis?
use	No
	Part 3B - Offer details
		Class or classes of +securities that will participate in the proposed issue and class or classes of +securities
personal	proposed to be issued
ASX +security code and description
		AGS : ORDINARY FULLY PAID
		Is the proposed security a 'New	Will the proposed issue of this	If the entity has quoted company
		class' (+securities in a class that is	+security include an offer of	options, do the terms entitle option
		not yet quoted or recorded by ASX)	attaching +securities?	holders to participate on exercise?
		or an 'Existing class' (additional	No	No
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	D tails of +securities proposed to be issued
		ASX +security code and description
		AGS : ORDINARY FULLY PAID
For	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
ISIN Code for the entitlement or right to participate in a non-renounceable

issue (if Issuer is foreign company and +securities are non CDIs)

Offer ratio (ratio to existing holdings at which the proposed +securities will be issued)

The quantity of additional +securities to be issued

For a given quantity of +securities held

1	8
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Proposed issue of securities

What will be done with fractional entitlements?

Maximum number of +securities proposed to be issued (subject to rounding)

only	Fractions rounded up to the next	26,002,142
whole number
Offer price details for retail security holders
		In what currency will the offer be	What is the offer price per +security
		made?	for the retail offer?
		AUD - Australian Dollar	AUD 0.13000
use	Oversubscription & Scale back details
personal	Will individual +security holders be permitted to apply for more than their
entitlement (i.e. to over-subscribe)?
Yes
		Describe the limits on over-subscription
		The Entitlement Offer incorporates a Shortfall Facility under which Eligible Shareholders that have taken up their full
		entitlement under the Entitlement Offer can apply to take up additional New Shares in excess (up to 50%) of their pro rata
		entitlement.
		Will a scale back be applied if the offer is over-subscribed?
		Yes
		Describe the scale back arrangements
		Any scale back will be proportional based on the number of Shortfall Shares applied for in the context of an Eligible
		Shareholder¿s original shareholding as at the Record Date.
		Will these +securities rank equally in all respects from their issue date with
		the existing issued +securities in that class?
		Yes
For
	Part 3C - Timetable

3C.1 +Record date 7/2/2022

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Proposed issue of securities

3C.2 Ex date 4/2/2022

3C.4 Record date 7/2/2022

only	3C.5 Date on which offer documents will be sent to +security holders
		entitled to participate in the +pro rata issue
		10/2/2022
		3C.6 Offer closing date
		25/2/2022
use	3C.7 Last day to extend the offer closing date
22/2/2022
3C.9 Trading in new +securities commences on a deferred settlement basis
		28/2/2022
		3C.11 +Issue date and last day for entity to announce results of +pro rata
		issue
personal	4/3/2022
3C.12 Date trading starts on a normal T+2 basis
		7/3/2022
		3C.13 First settlement date of trades conducted on a +deferred settlement
		basis and on a normal T+2 basis
		9/3/2022
	Pa t 3E - Fees and expenses
		3E.1 Will there be a lead manager or broker to the proposed offer?
		No
For	3E.2 Is the proposed offer to be underwritten?
Yes
3E.2a Who are the underwriter(s)?
		Phoenix Portfolios Pty Ltd ABN 80 117 850 254 as managing entity of each of Cromwell Phoenix Opportunities Fund and
		Fiducian Australian Smaller Company Shares Fund
		3E.2b What is the extent of the underwriting (ie the amount or proportion of the offer that is underwritten)?
		$940,000
		3E.2c What fees, commissions or other consideration are payable to them for acting as underwriter(s)?
		3.0%

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