Caprice Resources : Update - Proposed issue of securities - CRS

Proposed issue of securities

Update Summary

For personal use only

Entity name

CAPRICE RESOURCES LTD

Announcement Type

Update to previous announcement

Date of this announcement

24/2/2022

Reason for update to a previous announcement

Date for Extraordinary General Meeting confirmed as 29 March 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

CAPRICE RESOURCES LTD

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	96624970725
1.3	ASX issuer code
CRS

1.4 The announcement is

Update/amendment to previous announcement

1.4a Reason for update to a previous announcement

Date for Extraordinary General Meeting confirmed as 29 March 2022

1.4b Date of previous announcement to this update

4/2/2022

1.5 Date of this announcement

24/2/2022

1.6 The Proposed issue is:

A placement or other type of issue

Proposed issue of securities

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Proposed issue of securities

Part 7 - Details of proposed placement or other issue

only
	Part 7A - Conditions
		7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
		type of issue can proceed on an unconditional basis?
		Yes
use	7A.1a Conditions
Approval/Condition	Date for determination	Is the date estimated or	** Approval
		+Security holder approval	29/3/2022		actual?	received/condition met?
			Actual
		Comments
		Shareholder approval for Director participation in placement and for one free attaching option for every two new shares
personal	issued under the placement as announced on 4 February 2022.
	Part 7B - Issue details
		Is the proposed security a 'New	Will the proposed issue of this
		class' (+securities in a class that is	+security include an offer of
		not yet quoted or recorded by ASX)	attaching +securities?
		or an 'Existing class' (additional	Yes
		securities in a class that is already
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
For	ASX +security code and description
CRS : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		843,750
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
		consideration?
		Yes
		In what currency is the cash		What is the issue price per
	Proposed issue of securities			3 / 8

Proposed issue of securities

consideration being paid?	+security?
AUD - Australian Dollar	AUD 0.16000

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

Attaching +Security

	Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX)
	or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)?
		New class
Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX)
use		Details of attaching +securities proposed to be issued
personal		ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
		Have you received confirmation from ASX that the terms		Will the entity be seeking quotation of the 'new' class o
		of the proposed +securities are appropriate and		+securities on ASX?
		equitable under listing rule 6.1?		No
		No
		ASX +security code		+Security description
		New class-code to be confirmed		Unquoted option exercisable at $0.30 with 2 year term
		+Security type
		Options
		Number of +securities proposed to be issued
	421,875
For		Offer price details

Are the +securities proposed to be issued being issued for a cash consideration?

No

Please describe the consideration being provided for the +securities

Free attaching option as part of placement

Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities

Will all the +securities issued in this class rank equally in all respects from their issue date?

Proposed issue of securities

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Proposed issue of securities

Yes

	Options details
only		+Security currency
			AUD - Australian Dollar
			Exercise price		Expiry date
			AUD 0.3000
use		Details of the type of +security that will be issued if the option is exercised
	CRS : ORDINARY FULLY PAID
	Number of securities that will be issued if the option is exercised
			One fully paid ordinary share (ASX: CRS)
			Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
			proposed to be issued or provide the information by separate announcement.
			Terms of options will be set out in notice of meeting
ersonalp	Is the proposed security a 'New		Will the proposed issue of this
		class' (+securities in a class that is		+security include an offer of
		not yet quoted or recorded by ASX)		attaching +securities?
		or an 'Existing class' (additional		No
		securities in a class that is already
		quoted or recorded by ASX)?
			New class
	D tails of +securities proposed to be issued
For	ISIN Code (if Issuer is a foreign company and +securities are non CDIs)
Have you received confirmation from		Will the entity be seeking quotation
		ASX that the terms of the proposed		of the 'new' class of +securities on
		+securities are appropriate and		ASX?
		equitable under listing rule 6.1?		No
			No
		ASX +security code		+Security description
			New class-code to be confirmed		Unquoted option exercisable at $0.30 with 2 year term
		+Security type
		Options
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