West African Resources : Application for quotation of securities - WAF
November 30, 2021 at 04:31 pm EST
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Application for quotation of +securities
Announcement Summary
For personal use only
Entity name
WEST AFRICAN RESOURCES LIMITED
Announcement Type
New announcement
Date of this announcement
Wednesday December 01, 2021
The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
Total number of +securities to be quoted
ASX +security
Number of +securities to
code
Security description
be quoted
Issue date
WAF
ORDINARY FULLY PAID
27,121,732
30/11/2021
Refer to next page for full details of the announcement
Application for quotation of +securities
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Application for quotation of +securities
Part 1 - Entity and announcement details
For personal use only
1.1 Name of entity
WEST AFRICAN RESOURCES LIMITED
We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.
1.2
Registered number type
Registration number
ACN
121539375
1.3
ASX issuer code
WAF
The announcement is New announcement
Date of this announcement
1/12/2021
Application for quotation of +securities
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Application for quotation of +securities
Part 2 - Type of Issue
2.1 The +securities to be quoted are:
+Securities issued as part of a transaction or transactions previously announced to the market in an Appendix 3B
For personal use only
Previous Appendix 3B details:
Announcement Date and
Announcement Title
Selected Appendix 3B to submit quotation
Time
request
26-Oct-2021 08:27
New - Proposed issue of securities -
A placement or other type of issue
WAF
2.3a.2 Are there any further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B?
Yes
2.3a.3 Please provide details of the further issues of +securities yet to take place to complete the transaction(s) referred to in the Appendix 3B
112,000 Tranche 2 Placement Shares to be issued on date to be confirmed.
43,706,308 Shares on any conversion of the Convertible Note, to be issued by 25 October 2022 if converted.
Application for quotation of +securities
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Application for quotation of +securities
Part 3A - number and type of +securities to be quoted where issue has previously been notified to ASX in an Appendix 3B
Placement Details
only
ASX +security code and description
WAF : ORDINARY FULLY PAID
Issue date
30/11/2021
use
Distribution Schedule
Provide a distribution schedule for the new +securities according to the categories set out in the left hand column -
including the number of recipients and the total percentage of the new +securities held by the recipients in each
category.
personalFor
Total percentage of +securities held
Number of +securities held
Number of holders
For example, to enter a value of 50%
please input as 50.00
1 - 1,000
%
1,001
- 5,000
%
5,001
- 10,000
%
10,001 - 100,000
%
100,001 and over
%
Application for quotation of +securities
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Application for quotation of +securities
Issue details
For personal use only
Number of +securities to be quoted
27,121,732
Are the +securities being issued for a cash consideration?
No
Please describe the consideration being provided for the +securities
Nil
Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted
1.35754053
Any other information the entity wishes to provide about the +securities to be quoted
Shares to be quoted are the SPA Closing shares issued as consideration for the Acquisition under the Volta and GAMS-Kiaka SPAs
Application for quotation of +securities
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Disclaimer
West African Resources Limited published this content on 30 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2021 21:30:05 UTC.
West African Resources Limited is an Australia-based gold mining company. The Company is engaged in mining, mineral processing, exploration, project development, community and social sustainability, and rehabilitation within the West African country of Burkina Faso. It operates through two segments Mining Operations, which comprises of the Sanbrado Gold Project operations located in Burkina Faso, and Construction and Exploration & Evaluation (E&E) segment comprises mines under construction and exploration and evaluation projects in locations other than Sanbrado. Its Sanbrado Gold Project is located approximately 90 kilometers (kms) east-southeast of Ouagadougou, the capital of Burkina Faso. Its Kiaka Gold Project is approximately 45 km south of Sanbrado Gold Mine in Burkina Faso. Its Toega Gold Project is located 14 km southwest of the Companyâs Sanbrado gold operation. Its tenement portfolio comprises over 1,385 km2 over the Markoye fault region in central and southern Burkina Faso.