23 Nov

Proposed issue of securities - AII

Proposed issue of securities Proposed issue of securities 1 / 6 Announcement Summary Entity name ALMONTY INDUSTRIES INC. Announcement Type New announcement Date of this announcement 23/11/2021 The Proposed issue is: Total number of +securities proposed to be issued for a placement or other type of issue ASX +security code +Security description Maximum Number of +securities to be issued New class-code to be confirmed Convertible debentures 3,785,286 Proposed +issue date 24/11/2021 Refer to next page for full details of the announcement A placement or other type of issue Proposed issue of securities Proposed issue of securities 2 / 6 Part 1 - Entity and announcement details 1.1 Name of +Entity ALMONTY INDUSTRIES INC. 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 ARBN Registration Number 648673714 1.3 ASX issuer code AII 1.4 The announcement is 1.5 Date of this announcement 23/11/2021 1.6 The Proposed issue is: A placement or other type of issue New announcement Proposed issue of securities Proposed issue of securities 3 / 6 Part 7 - Details of proposed placement or other issue 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? Part 7B - Issue 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? Details of +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities are non CDIs) Have you received confirmation from ASX that the terms of the proposed +securities are appropriate and equitable under listing rule 6.1? Will the entity be seeking quotation of the 'new' class of +securities on ASX? ASX +security code New class-code to be confirmed +Security description Convertible debentures +Security type +Convertible debt securities Number of +securities proposed to be issued 3,785,286 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Yes No No No New class No Proposed issue of securities Proposed issue of securities 4 / 6 In what currency is the cash consideration being paid? CAD - Canadian Dollar What is the issue price per +security? CAD 1.03400 AUD equivalent to issue price amount per +security 1.130000 FX rate (in format AUD 1.00 / primary currency rate): AUD 1.00 FX rate (in format AUD rate/primary currency rate) Primary Currency rate CAD 0.92000000 Will all the +securities issued in this class rank equally in all respects from their issue date? +Convertible debt securities details These securities are: Convertible Type of security Convertible note or bond +Security currency CAD - Canadian Dollar Face value CAD 1.0000 Interest rate type Fixed rate Frequency of coupon/interest payments per year Semi-annual First interest payment date 22/5/2022 Interest rate per annum 5.00000 % Is the interest rate per annum estimated at this time? s128F of the Income Tax Assessment Act status applicable to the +security s128F exemption status unknown Is the +security perpetual (ie. no maturity date)? Maturity date 31/10/2024 Select other features applicable to the +security Is there a first trigger date on which a right of conversion, redemption, call or put can be exercised (whichever is If yes, what is the first trigger date 2/5/2022 None of the above No No Yes Proposed issue of securities Proposed issue of securities 5 / 6 or put can be exercised (whichever is first)? Details of the type of +security that will be issued if the securities are converted, transformed or exchanged AIIAA : COMMON SHARES Number of +securities that will be issued if the +securities are converted, transformed or exchanged (including, if applicable, any interest) 3785286 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. Part 7C - Timetable 7C.1 Proposed +issue date 24/11/2021 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? 7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15% placement capacity under listing rule 7.1? 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)? 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? 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 No No No No No Yes Proposed issue of securities Proposed issue of securities 6 / 6 Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? 7E.2 Is the proposed issue to be underwritten? 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities General working capital and financing costs of the Sangdong Mine in South Korea 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? 7F.2 Any other information the entity wishes to provide about the proposed issue No No No No No
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