Comet Resources : Cancel - Consolidation/Split - CRL

July 13, 2022 at 11:04 pm EDT

Notification of Consolidation/Split

Cancellation Summary

For personal use only

Entity name

COMET RESOURCES LIMITED

Security on which the reorganisation was to be applicable

CRL	ORDINARY FULLY PAID
CRLAJ	OPTION EXPIRING 30-JUN-2023 EX $0.0325
CRLAK	OPTION EXPIRING 01-DEC-2023 EX $0.03
CRLAL	OPTION EXPIRING 08-OCT-2025 EX $0.025
CRLAM	OPTION EXPIRING 08-OCT-2025 EX $0.035
CRLAI	OPTION EXPIRING 30-JUN-2023 EX $0.022
CRLAH	OPTION EXPIRING 30-JUN-2023 EX $0.018
CRLAN	OPTION EXPIRING 12-FEB-2023 EX $0.03
CRLAO	OPTION EXPIRING 12-FEB-2023 EX $0.05
CRLAP	OPTION EXPIRING 12-FEB-2023 EX $0.07

Announcement Type

Cancellation of previous announcement

Date of this announcement

14/7/2022

Reason for the cancellation

Please refer to ASX Release dated 14 July 2022

Refer to below for full details of the announcement

Notification of Consolidation/Split

1 / 7

Notification of Consolidation/Split

Announcement Details

only
	Part 1 - Entity and announcement details
		1.1 Name of +Entity
		COMET RESOURCES LIMITED
		1.2 Registered Number Type		Registration Number
use	ABN
	88060628202
1.3 ASX issuer code


		CRL
		1.4 The announcement is
		Cancellation of previous announcement
personal	1.4c Reason for cancellation of previous announcement

Please refer to ASX Release dated 14 July 2022


		1.4d Date of previous announcement(s) to this cancellation
		22/6/2022
		1.5 Date of this announcement
		14/7/2022
		1.6 Securities affected by the consolidation or split
		ASX +Security Code	ASX +Security Description
		CRL	ORDINARY FULLY PAID
For	CRLAJ	OPTION EXPIRING 30-JUN-2023 EX $0.0325
CRLAK	OPTION EXPIRING 01-DEC-2023 EX $0.03

		CRLAL	OPTION EXPIRING 08-OCT-2025 EX $0.025
		CRLAM	OPTION EXPIRING 08-OCT-2025 EX $0.035
		CRLAI	OPTION EXPIRING 30-JUN-2023 EX $0.022

Notification of Consolidation/Split

2 / 7

Notification of Consolidation/Split

		CRLAH	OPTION EXPIRING 30-JUN-2023 EX $0.018
only	CRLAN	OPTION EXPIRING 12-FEB-2023 EX $0.03
CRLAO	OPTION EXPIRING 12-FEB-2023 EX $0.05

		CRLAP	OPTION EXPIRING 12-FEB-2023 EX $0.07
use
	Part 2 - Approvals

2.1 Are any of the below approvals required for the consolidation or split before business day 0 of the timetable? Security holder approval

Court approval

Lodgement of court order with +ASIC

ACCC approval

FIRB approval

Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the consolidation or split.

personal	Yes

		2.2 Approvals
		Approval/Condition	Date for determination	Is the date estimated or	Approval
		+Security holder approval	18/7/2022		actual?	received/condition met?
			Actual
					No
		Comments

		Change of EGM date

	Part 3 - Consolidation or split timetable and details

For	3.1 +Record date

		21/7/2022
		3.2 Date of +security holder meeting
		18/7/2022
		3.2a Effective date of consolidation or split
		18/7/2022
		3.3 Last day for trading in the pre consolidation or split +securities
		19/7/2022

	Notification of Consolidation/Split			3 / 7

Notification of Consolidation/Split

use only

3.4 Trading in the post consolidation or split +securities commences on a deferred settlement basis.

20/7/2022

3.5 Record date

21/7/2022

3.6 First day for entity to update its register and to send holding statements to +security holders reflecting the change in the number of +securities they hold.

22/7/2022

3.7 Last day for entity to update its register and send holding statements to +security holders reflecting the change in the number of +securities they hold and to notify ASX that this has occurred. (+Issue Date)

28/7/2022

3.8 Trading starts on a normal T+2 basis

29/7/2022

3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+2 basis

2/8/2022

	Part 4 - Event type and details

personal	4.1 The event is

		+Security consolidation
		4.1a Consolidation ratio: the +securities will be consolidated on the basis that every
		10
		(pre-consolidation) +securities will be consolidated into
		1
		(post-consolidation) +security (/ies).
		4.2 Scrip fraction rounding
For	Fractions rounded down to the nearest whole number or fractions disregarded

	Part 5 - +Securities on issue before and after consolidation or split

		5.1 +Securities on issue before and after the consolidation or split
		ASX +Security Code	ASX +Security Description
		CRL	ORDINARY FULLY PAID
		Quoted/unquoted		Estimate/Actual
		Quoted		Estimated

	Notification of Consolidation/Split	4 / 7

Notification of Consolidation/Split

For personal use only

ASX +Security Code

CRLAJ

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAK

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAL

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAM

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAI

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAH

Quoted/unquoted

Unquoted

ASX +Security Code

CRLAN

Quoted/unquoted

Unquoted

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
691,590,087	69,159,009

ASX +Security Description

OPTION EXPIRING 30-JUN-2023 EX $0.0325

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
20,869,565	2,086,957

ASX +Security Description

OPTION EXPIRING 01-DEC-2023 EX $0.03

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
1,000,000	100,000

ASX +Security Description

OPTION EXPIRING 08-OCT-2025 EX $0.025

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
1,500,000	150,000

ASX +Security Description

OPTION EXPIRING 08-OCT-2025 EX $0.035

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
1,500,000	150,000

ASX +Security Description

OPTION EXPIRING 30-JUN-2023 EX $0.022

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
10,500,000	1,050,000

ASX +Security Description

OPTION EXPIRING 30-JUN-2023 EX $0.018

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
10,500,000	1,050,000

ASX +Security Description

OPTION EXPIRING 12-FEB-2023 EX $0.03

Number on issue pre	Number on issue post
consolidation or split	consolidation or split
31,125,873	3,112,587

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Estimate/Actual

Estimated

Notification of Consolidation/Split

5 / 7

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Disclaimer

Comet Resources Limited published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 03:03:08 UTC.

	1st Jan change	Capi.
BHP GROUP LIMITED	-14.40%	149B
RIO TINTO PLC	-6.66%	115B
GLENCORE PLC	-0.55%	71.16B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	+6.69%	50.97B
GRUPO MÉXICO, S.A.B. DE C.V.	+9.34%	45.47B
ANGLO AMERICAN PLC	+34.12%	38.8B
TECK RESOURCES LIMITED	+22.92%	25.62B
HINDUSTAN ZINC LIMITED	+32.58%	20.87B
IVANHOE MINES LTD.	+58.44%	17.52B

1st Jan change

Capi.

BHP GROUP LIMITED

-14.40%

149B

RIO TINTO PLC

-6.66%

115B

GLENCORE PLC

-0.55%

71.16B

SAUDI ARABIAN MINING COMPANY (MA'ADEN)

+6.69%

50.97B

GRUPO MÉXICO, S.A.B. DE C.V.

+9.34%

45.47B

ANGLO AMERICAN PLC

+34.12%

38.8B

TECK RESOURCES LIMITED

+22.92%

25.62B

HINDUSTAN ZINC LIMITED

+32.58%

20.87B

IVANHOE MINES LTD.

+58.44%

17.52B

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Comet Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2022	23-03-16	CI
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Comet Resources Secures Extension for Proposed Queensland Copper Project Acquisition	23-01-05	MT
Comet Resources Limited Provides Update on Mount Margaret Copper Project Acquisition	23-01-04	CI
Comet Resources Limited Announces Appointment of Sonu Cheema as Additional Non-Executive Director	22-11-25	CI
Comet Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2022	22-09-30	CI
Comet Resources Limited Auditor Raises 'Going Concern' Doubt	22-09-29	CI
Comet Resources Limited Acquires Strategic Qld Copper Project from Glencore	22-09-15	CI
Comet Resources Secures Drill Permit for Barraba Project	22-09-06	MT
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International Graphite Rises 80% in ASX Trading Debut; Completes Graphite Project Acquisition	22-04-07	MT
International Graphite Ltd completed the acquisition of Springdale Graphite Project from Comet Resources Limited.	22-04-06	CI
Comet Resources Limited entered into a share sale agreement to acquire Mount Margaret Mining Pty Ltd from Mount Isa Mines Limited.	22-04-03	CI
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Comet Resources : Cancel - Consolidation/Split - CRL

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