Jadar Resources : Proposed issue of securities - JDR

Proposed issue of securities

Announcement Summary

For personal use only

Entity name

JADAR RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement 1/12/2021

The Proposed issue is:

A placement or other type of issue
Total number of +securities proposed to be issued for a placement or other type of issue
		Maximum Number of
ASX +security code	+Security description	+securities to be issued
JDR	ORDINARY FULLY PAID	1,000
JDRAH	OPTION EXPIRING 31-AUG-2024 EX $0.045	1,000

Proposed +issue date

3/12/2021

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

JADAR 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	66009144503
1.3	ASX issuer code
JDR

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

1/12/2021

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?
use	No
	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?
personal	or an 'Existing class' (additional	No
securities in a class that is already
consideration?
		quoted or recorded by ASX)?
		Existing class
	Details of +securities proposed to be issued
		ASX +security code and description
		JDR : ORDINARY FULLY PAID
		Number of +securities proposed to be issued
		1,000
		Offer price details
		Are the +securities proposed to be issued being issued for a cash
For	Yes
In what currency is the cash	What is the issue price per
		consideration being paid?	+security?
		AUD - Australian Dollar	AUD 0.03700

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

Yes

Proposed issue of securities

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Proposed issue of securities

7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? No

7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%

3/12/2021

7C.1 Proposed +issue date

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

Yes

AUD - Australian Dollar

AUD 0.00010

In what currency is the cash consideration being paid?

What is the issue price per +security?

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

Yes

Offer price details

1,000

Number of +securities proposed to be issued

JDRAH : OPTION EXPIRING 31-AUG-2024EX $0.045

ASX +security code and description

onlyDetails of +securities proposed to be issued

usepersonalPart 7C - Timetable

ForPart 7D - Listing Rule requirements

Is the proposed 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)?

Existing class

Will the proposed issue of this +security include an offer of attaching +securities?

No

Proposed issue of securities

Proposed issue of securities

		placement capacity under listing rule 7.1?
		Yes
		7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
		placement capacity under listing rule 7.1?
		2,000
only
No
		7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
		additional 10% placement capacity under listing rule 7.1A (if applicable)?
		No
		7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
		No
use	7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
		No
	Part 7E - Fees and expenses
personalPart 7F - Further Information
		7E.1 Will there be a lead manager or broker to the proposed issue?
		No
		7E.2 Is the proposed issue to be underwritten?
		No
		7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
For	7F.01 The purpose(s) for which the entity is issuing the securities
		To remove any trading restrictions that may have attached to the Shares and Options so that following quotation of the
		Shares and Options any on-sale does not breach section 707(3) of the Corporations Act
		7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
		No
		7F.2 Any other information the entity wishes to provide about the proposed issue
		Refer to the Company's Prospectus dated 1 December 2021
		7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
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