BLACK STAR PETROLEUM LIMITED Rule 2.7, 3.10.3, 3.10.4, 3.10.5
New issue announcement, application for quotation of additional securities and agreementInformation 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
Name of entity
Black Star Petroleum Limited
ABN
90 147 370 312
We (the entity) give ASX the following information.
Part 1 - All issuesYou must complete the relevant sections (attach sheets if there is not enough space).
1 +Class of +securities issued or to be issued
Ordinary Shares
2 Number of +securities issued or to be issued (if known) or maximum number which may be issued
684,606,000
3 Principal terms of the
+securities (eg, 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)
Ordinary Fully Paid Shares
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 1
Appendix 3B New issue announcement
4 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
Yes
5 Issue price or consideration $0.005 per Share
6 Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify those assets)
Funds will be used as outlined in the
Prospectus lodged on 1 August 2014.
6a Is the entity 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
Yes
6b The date the security holder resolution under rule 7.1A was passed
26 November 2013.
6c Number of +securities issued without security holder approval under rule 7.1
Nil
6d Number of +securities issued with security holder approval under rule 7.1A
Nil
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 2
Appendix 3B New issue announcement
6e Number of +securities issued with security holder approval under rule 7.3, or another specific security holder approval (specify date of meeting)
Nil
6f Number of securities issued under an exception in rule 7.2
684,606,000 ordinary fully paid shares
6g If securities 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.
N/A
6h If securities were issued under rule 7.1A for non-cash consideration, state date on which valuation of consideration was released to ASX Market Announcements
N/A
6i Calculate the entity's remaining issue capacity under rule 7.1 and rule 7.1A - complete Annexure 1 and release to ASX Market Announcements
Listing Rule 7.1 - 119,806,050
Listing Rule 7.1A - 79,870,700
7 Dates of entering +securities into uncertificated holdings or despatch of certificates
1 September 2014.
8 Number and +class of all
+securities quoted on ASX (including the securities in
section 2 if applicable)
9 Number and +class of all
+securities not quoted on ASX (including the securities in
section 2 if applicable)
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 3
Appendix 3B New issue announcement
10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)
N/A
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval No
required?
12 Is the issue renounceable or non-renounceable?
Renounceable.
13 Ratio in which the +securities will be offered
Six (6) for every one (1) share subscribed for and issued.
14 +Class of +securities to which the offer relates
Ordinary Fully Paid Shares
15 +Record date to determine entitlements
11 August 2014
16 Will holdings on different No registers (or subregisters) be aggregated for calculating entitlements?
17 Policy for deciding entitlements in relation to fractions
Round up
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.
The issue is available to shareholders with registered addresses in Australia and New Zealand only
19 Closing date for receipt of acceptances or renunciations
25 August 2014
20 Names of any underwriters Partially underwritten by Garrison Equities
Pty Ltd.
21 Amount of any underwriting fee or commission
Nil but please note the Garrison Equities
Pty Ltd offset deed set out in Section
3.7(a) of the Prospectus. The Underwriter may appoint sub-underwriters, which they have done. Please see section 3.6 of the Prospectus.
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 4
Appendix 3B New issue announcement
22 Names of any brokers to the issue
Garrison Equities Pty Ltd
23 Fee or commission payable to the broker to the issue
As above
24 Amount of any handling fee payable to brokers who lodge acceptances or renunciations on behalf of +security holders
N/A
25 If the issue is contingent on
+security holders' approval, the
date of the meeting
N/A
26 Date entitlement and acceptance form and prospectus or Product Disclosure Statement will be sent to persons entitled
14 August 2014
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
1 August 2014
28 Date rights trading will begin (if applicable)
7 August 2014
29 Date rights trading will end (if applicable)
18 August 2014
30 How do +security holders sell their entitlements in full through a broker?
Complete back of entitlement and acceptance form and send to broker.
31 How do +security holders sell part of their entitlements through a broker and accept for the balance?
Complete back of entitlement and acceptance form and send to broker together with rights to be accepted
32 How do +security holders dispose of their entitlements (except by sale through a broker)?
Complete a standard renunciation form (obtainable from broker or share registry) and send together with entitlement and acceptance form to the share registry.
33 +Despatch date 14 August 2014
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 5
Appendix 3B New issue announcementYou need only complete this section if you are applying for quotation of securities
34 Type of securities
(tick one)
(a) 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
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 6
Entities that have ticked box 34(b) Appendix 3B New issue announcement
38 Number of securities for which
+quotation is sought
N/A
39 Class of +securities for which quotation is sought
N/A
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
N/A
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)
N/A
42 Number and +class of all
+securities quoted on ASX (including the securities in clause
38)
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 7
Quotation agreement
Appendix 3B New issue announcement1 +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 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.
Sign here: ....Jonathan Hart.........Date: 18 August 2014............ (Company secretary)
== == == == ==
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 8
Appendix 3B New issue announcement Appendix 3B - Annexure 1 Calculation of placement capacity under rule 7.1 and rule 7.1A for +eligible entitiesIntroduced 01/08/12
Part 1Rule 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 date of issue or agreement to issue | 99,100,000 |
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 | Exception rule 7.2 684,606,000 pursuant to Prospectus dated 1 August 2014 With Shareholder Approval on 28 July 2014 10 March 2014 - 14,865,000 Shares to GRIT. 10 March 2014 - 135,000 Shares to GRIT. 11 March 2014 - 1,000 Shares issued pursuant to a prospectus dated 11 March 2014. |
Subtract the number of fully paid ordinary securities cancelled during that 12 month period | Nil |
"A" | 798,707,000 |
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 9
+ See chapter 19 for defined terms.
Appendix 3B New issue announcement01/08/2012 Appendix 3B Page 10
Part 2 Appendix 3B New issue announcementRule 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 | 798,707,000 |
Step 2: Calculate 10% of "A" | |
"D" | 0.10 Note: this value cannot be changed |
Multiply "A" by 0.10 | 79,870,700 |
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" | Nil |
+ See chapter 19 for defined terms.
01/08/2012 Appendix 3B Page 11
+ See chapter 19 for defined terms.
Appendix 3B New issue announcement01/08/2012 Appendix 3B Page 12
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