|
GVM
GVGVM
GVM - GVM Metals Limited - New Issue Of 35 050 101 Shares
GVM Metals Limited
(previously, "Golden Valley Mines Limited")
(Incorporated and registered in Australia)
(Registration number ACN 008 905 388)
Share code on the JSE Limited: GVM & ISIN: AU000000GVM1
Share code on the Australian Stock Exchange Limited: GVM & ISIN: AU000000GVM1
("GVM" or `the Company")
ANNOUNCEMENT (Released on ASX on 5 June 2007)
Rule 2.7, 3.10.3, 3.10.4, 3.10.5
Appendix 3B
New issue announcement,
application for quotation of additional securities
and agreement
Information or documents not available now must be given to ASX as soon as
available. Information and documents given to ASX become ASX`s property and may
be made public.
Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000,
30/9/2001, 11/3/2002, 1/1/2003.
Name of entity
GVM Metals Limited
ABN
98 008 905 388
We (the entity) give ASX the following information.
Part 1 All issues
You must complete the relevant sections (attach sheets if there is not enough
space).
1 +Class of +securities issued or to be Shares
issued
2 Number of +securities issued or to be 35,050,101 shares
issued (if known) or maximum number
which may be issued
3 Principal terms of the +securities Fully paid ordinary
(eg, if options, exercise price and
expiry date; if partly paid
+securities, the amount outstanding
and due dates for payment; if
+convertible securities, the
conversion price and dates for
conversion)
4 Do the +securities rank equally in all Yes
respects from the date of allotment
with an existing +class of quoted
+securities?
If the additional securities do not
rank equally, please state:
the date from which they do
the extent to which they participate
for the next dividend, (in the case of
a trust, distribution) or interest
payment
the extent to which they do not rank
equally, other than in relation to the
next dividend, distribution or
interest payment
5 Issue price or consideration 34,868,283 shares at a deemed
issue price of 30 cents each and
181,818 shares at 11 pence each
(?0.11)
6 Purpose of the issue 34,868,283 shares to acquire the
(If issued as consideration for the remaining 51% interest in
acquisition of assets, clearly Holfontein, 50% interest in the
identify those assets) Baobab Joint Venture and 100%
interest in certain Limpopo
prospecting rights
181,818 shares in consideration
for services provided by Equity
for Growth (Securities) Limited.
7 Dates of entering +securities into 5 June 2007
uncertificated holdings or despatch of
certificates
Number +Class
8 Number and +class of all +securities 196,518,703 Fully paid
quoted on ASX (including the ordinary shares
securities in clause 2 if applicable)
Number +Class
9 Number and +class of all +securities 9,250,000 Options
not quoted on ASX (including the exercisable at
securities in clause 2 if applicable) 50 cents each on
or before 30
September 2011
555,575 Options
exercisable at
54 pence each on
or before 31 May
2009
786,751 Options
exercisable at
34 pence each on
or before 17 May
2009
10 Dividend policy (in the case of a Not applicable
trust, distribution policy) on the
increased capital (interests)
Part 2 Bonus issue or pro rata issue
Questions 11 to 33 - Not Applicable
Part 3 Quotation of securities
You need only complete this section if you are applying for quotation of
securities
34 Type of securities
(tick one)
(a) Securities described in Part 1
(b) All other securities
Example: restricted securities at the end of the
escrowed period, partly paid securities that become
fully paid, employee incentive share securities
when restriction ends, securities issued on expiry
or conversion of convertible securities
Questions 35 to 42 - Not Applicable
Quotation agreement
1 +Quotation of our additional +securities is in ASX`s absolute discretion.
ASX may quote the +securities on any conditions it decides.
2 We warrant the following to ASX.
* The issue of the +securities to be quoted complies with the law and is
not for an illegal purpose.
* There is no reason why those +securities should not be granted
+quotation.
* An offer of the +securities for sale within 12 months after their
issue will not require disclosure under section 707(3) or section
1012C(6) of the Corporations Act.
Note: An entity may need to obtain appropriate warranties from
subscribers for the securities in order to be able to give this
warranty
* Section 724 or section 1016E of the Corporations Act does not apply to
any applications received by us in relation to any +securities to be
quoted and that no-one has any right to return any +securities to be
quoted under sections 737, 738 or 1016F of the Corporations Act at the
time that we request that the +securities be quoted.
* We warrant that if confirmation is required under section 1017F of the
Corporations Act in relation to the +securities to be quoted, it has
been provided at the time that we request that the +securities be
quoted.
* If we are a trust, we warrant that no person has the right to return
the +securities to be quoted under section 1019B of the Corporations
Act at the time that we request that the +securities be quoted.
3 We will indemnify ASX to the fullest extent permitted by law in respect of
any claim, action or expense arising from or connected with any breach of
the warranties in this agreement.
4 We give ASX the information and documents required by this form. If any
information or document not available now, will give it to ASX before
+quotation of the +securities begins. We acknowledge that ASX is relying
on the information and documents. We warrant that they are (will be) true
and complete.
Sign here: ..........................Date: 5 June 2007
(Company secretary)
Print name: BLAIR SERGEANT
== == == == ==
6 June 2007
South African Sponsor to GVM
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Date: 06/06/2007 11:52:00 Produced by the JSE SENS Department.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
