| Tue 19 Jan 2010, 7:06 | | CZA - Coal of Africa - Appendix 3b New Issue Announcement Application For |
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CZA
CZA
CZA - Coal of Africa - Appendix 3b New Issue Announcement, Application For
Quotation Of Additional Securities And Agreement
Coal of Africa Limited
(previously, "GVM Metals Limited")
(Incorporated and registered in Australia)
(Registration number ABN 008 905 388)
ISIN AU000000CZA6
JSE / ASX Share codes: CZA
("CoAL" or the "Company")
APPENDIX 3B NEW ISSUE ANNOUNCEMENT, APPLICATION FOR QUOTATION OF ADDITIONAL
SECURITIES AND AGREEMENT
CoAL, today, Tuesday, 19 January 2010, submitted to the Australian Securities
Exchange ("ASX") an Appendix 3B "New issue announcement, application for
quotation of additional securities and agreement" in respect of 125,002 fully
paid ordinary shares at a deemed issue price of 50 pence per share.
Following the admission of the shares, the number of ordinary shares on issue
will be 474,538,913.
QUOTE
Name of entity
Coal of Africa Limited
ABN
98 008 905 388
We (the entity) give ASX the following information.
PART 1 - ALL ISSUES
Class of securities issued or to be issued
Shares
Number of securities issued or to be issued (if known) or maximum number which
may be issued
125,002 shares
Principal terms of the securities (e.g., 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)
Fully paid ordinary
Do the securities rank equally in all respects from the date of allotment with
an existing class of quoted securities?
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
Yes
Issue price or consideration
Deemed issue price of GBP0.50 each
Purpose of the issue
(If issued as consideration for the acquisition of assets, clearly identify
those assets)
Conversion of unlisted options exercisable at GBP0.50 each on or before 30
September 2011.
Dates of entering securities into uncertificated holdings or despatch of
certificates
19 January 2010
Number and class of all securities quoted on ASX (including the securities in
clause 2 if applicable)
Number Class
474,538,913 Fully paid ordinary shares
Number and class of all securities not quoted on ASX (including the securities
in clause 2 if applicable)
Number Class
9,074,998 Class A Options exercisable at $0.50 each
on or before 30 September 2011
250,000 Class B Options exercisable at $2.05 each
on or before 1 May 2012
7,000,000 Class D Options exercisable at $1.25 each
on or before 30 September 2012
1,000,000 Class G Options exercisable at $1.90 each
on or before 30 September 2012
600,000 Class H Options exercisable at $1.25 on
or before 1 May 2012
1,650,000 Class I Options exercisable at $3.25 on
or before 31 July 2010
5,000,000 Class J Options exercisable at $2.74 on
or before 30 November 2014
Dividend policy (in the case of a trust, distribution policy) on the increased
capital (interests)
Not applicable
PART 2 - BONUS ISSUE OR PRO RATA ISSUE
Questions 11 to 33 - Not Applicable
PART 3- QUOTATION OF SECURITIES
34. Type of securities (tick one)
a. Securities described in Part 1 (Yes)
b. All other securities (No)
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.
Signed: 19 January 2010
Company secretary: Shannon Coates
UNQUOTE
Johannesburg
19 January 2010
Sponsor
Macquarie First South Advisers (Pty) Limited
Date: 19/01/2010 07:06:03 Produced by the JSE SENS Department.
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