Sabre Resources : Proposed issue of securities - SBR

Proposed issue of securitiesAnnouncement Summary

Entity name

For personal use only

SABRE RESOURCES LIMITED

Announcement Type

New announcement

Date of this announcement 20/4/2022

The Proposed issue is:

A non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

Total number of +securities proposed to be issued for a non pro rata offer of securities under a disclosure document or product disclosure statement (PDS)

Maximum Number of

ASX +security code	+Security description	+securities to be issued
New class-code to be	Options to buy fully paid SBR shares at $0.006 on or before	754351205
confirmed	30 April 2024.
New class-code to be	Options to buy fully paid SBR shares for $0.006 on or before	100000000
confirmed	30 April 2024.
SBR	ORDINARY FULLY PAID	754352205

Closing date for receipt of acceptances 22/4/2022

Proposed +issue date 26/4/2022

Refer to next page for full details of the announcementProposed issue of securities

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Proposed issue of securities

Part 1 - Entity and announcement details

1.1 Name of +Entity

SABRE RESOURCES LIMITED

For personal use only

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 ABN

Registration Number 68003043570

1.3 ASX issuer code SBR

1.4 The announcement isNew announcement

1.5 Date of this announcement 20/4/2022

1.6 The Proposed issue is:

A non-+pro rata offer of +securities under a +disclosure document or +PDS

Proposed issue of securities

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Proposed issue of securities

Part 5 - Details of proposed non-pro rata offer under a disclosure document or PDS

For personal use only

Part 5A - Conditions

5A.1 Do any external approvals need to be obtained or other conditions satisfied before the non-pro rata offer of +securities under a +disclosure document or + PDS can proceed on an unconditional basis?

No

Part 5B - Offer details

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)?

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

Yes

Existing class

Details of +securities proposed to be issued

ASX +security code and description

SBR : ORDINARY FULLY PAID

The number of +securities to be offered under the +disclosure document or +PDS

754,351,205

Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)?

No

Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)?

No

Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)?

No

Offer price details

Proposed issue of securities

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Proposed issue of securities

Offer price details

Has the offer price been determined?

In what currency will the offer be

made?

For personal use only

Yes

AUD - Australian Dollar

Oversubscription & Scale back detailsWill the entity be entitled to accept over-subscriptions?

No

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

No

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

Yes

Attaching +Security

What is the offer price per +security?

AUD 0.00650

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)

Details of attaching +securities proposed to be issuedISIN 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 ofof the proposed +securities are appropriate and equitable under listing rule 6.1?

No

ASX +security code

New class-code to be confirmed

+Security type Options

The number of +securities to be offered under the +disclosure document or +PDS 754,351,205

+securities on ASX?

Yes

+Security description

Options to buy fully paid SBR shares at $0.006 on or before 30 April 2024.

Proposed issue of securities

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Proposed issue of securities

Offer price details

Has the offer price been determined?

Yes

In what currency will the offer be made?

What is the offer price per +security?

For personal use only

AUD - Australian Dollar

AUD 0.00001

Oversubscription & Scale back details

Will the entity be entitled to accept over-subscriptions?

No

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

No

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

Yes

Options details

+Security currency AUD - Australian Dollar

Exercise price AUD 0.0060

Expiry date 30/4/2024

Details of the type of +security that will be issued if the option is exercised

SBR : ORDINARY FULLY PAID

Number of securities that will be issued if the option is exercised

One fully paid ordinary share (ASX:SBR)

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.

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)?

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

No

New class

Proposed issue of securities

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