Proposed issue of securities - AJM

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

ALTURA MINING LIMITED

Announcement Type

New announcement

Date of this announcement

11/11/2021

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
AJM	ORDINARY FULLY PAID	400,095,130
Ex date
16/11/2021
+Record date
17/11/2021
Offer closing date
30/11/2021

Issue date

2/12/2021

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

ALTURA MINING 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	39093391774
1.3	ASX issuer code
AJM

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

11/11/2021

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

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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
		AJM : 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
		AJM : 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

2	17
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Proposed issue of securities

For personal use only

What will be done with fractional	Maximum number of +securities
entitlements?	proposed to be issued (subject to
	rounding)
Fractions rounded up to the next	400,095,130
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 0.00500

Oversubscription & Scale back details

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

Any New Shares not applied for will form the Shortfall Shares. The Company offers to issue to investors the Shortfall Shares at $0.005 per Share. There is no limit to the amount of New Shares an investor may subscribe for. However, the Shortfall Shares will only be issued to the extent that such issue is in compliance with the takeover provisions of the Corporations Act, or as permitted by one of the limited exceptions.

Will a scale back be applied if the offer is over-subscribed?

Yes

Describe the scale back arrangements

The Company will allocate Shortfall Shares according to the following priority, with such allocation being in compliance with the takeover provisions:

1. to each existing Shareholder who has applied for Shortfall Shares through the Shortfall Offer; and
2. if following the allocation in (i) there remains Shortfall Shares, to those investors who apply for Shortfall Shares following an invitation from the Company.

Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class?

Yes

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Proposed issue of securities

Part 3C - Timetable

personal use only

3C.1 +Record date

17/11/2021

3C.2 Ex date

16/11/2021

3C.4 Record date

17/11/2021

3C.5 Date on which offer documents will be sent to +security holders entitled to participate in the +pro rata issue

19/11/2021

3C.6 Offer closing date

30/11/2021

3C.7 Last day to extend the offer closing date

25/11/2021

3C.9 Trading in new +securities commences on a deferred settlement basis

1/12/2021

3C.11 +Issue date and last day for entity to announce results of +pro rata issue

2/12/2021

3C.12 Date trading starts on a normal T+2 basis

3/12/2021

3C.13 First settlement date of trades conducted on a +deferred settlement basis and on a normal T+2 basis

7/12/2021

Part 3E - Fees and expenses

For

3E.1 Will there be a lead manager or broker to the proposed offer? No

3E.2 Is the proposed offer to be underwritten? No

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