Western Mines : Notification regarding unquoted securities - WMG

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Announcement Summary

For personal use only

Entity name

WESTERN MINES GROUP LTD

Date of this announcement

Monday February 21, 2022

The +securities the subject of this notification are:

Other

Total number of +securities to be issued/transferred

		Total number of
ASX +security		+securities to be
code	Security description	issued/transferred	Issue date
New class - code	Unlisted Options Expiring 21-Feb-2025 EX $0.30	500,000	21/02/2022
to be confirmed

Refer to next page for full details of the announcement

Notification of Issue, Conversion or Payment up of Unquoted

1 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

WESTERN MINES GROUP LTD

We (the entity named above) give notice of the issue, conversion or payment up of the following unquoted +securities.

1.2	Registered number type	Registration number
ACN	640738834
1.3	ASX issuer code
WMG

1. The announcement is New announcement
2. Date of this announcement

21/2/2022

Notification of Issue, Conversion or Payment up of Unquoted

2 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 2 - Issue details

For personal use only

2.1 The +securities the subject of this notification are: Other

Please specify

Issue of 500,000 Unlisted Options as announced on 21/02/2022

2.2a This notification is given in relation to an issue of +securities in a class which is not quoted on ASX and which:

does not have an existing ASX security code ("new class")

Notification of Issue, Conversion or Payment up of Unquoted

3 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Part 3C - number and type of +securities the subject of this notification (new class) where issue has not previously been notified to ASX in an Appendix 3B

only	New +securities
ASX +security code			+Security description
	New class - code to be confirmed			Unlisted Options Expiring 21-Feb-2025 EX $0.30
	+Security type			ISIN code
	Options
use	Date the +securities the subject of this notification were issued
21/2/2022
	Will all the +securities issued in this class rank equally in all respects from their issue date?
personal	Yes
Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under
	listing rule 6.1?
	No
	Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities being
	issued.
	Standard options terms.
Options Details
	+Security currency	Exercise price		Expiry date
	AUD - Australian Dollar	AUD 0.30000000	21/2/2025
	Details of the existing class of +security that will be issued upon exercise or conversion of this new class of
	company option
For	Other

Description

WMG Ordinary Fully Paid Shares

Any other information the entity wishes to provide about the +securities the subject of this notification

1 WMG Ordinary Fully Paid Share for each option exercised

Notification of Issue, Conversion or Payment up of Unquoted

4 / 7

Notification of Issue, Conversion or Payment up of Unquoted Equity Securities

Please provide any further information needed to understand the circumstances in which you are notifying the issue of these +securities to ASX, including why the issue of the +securities has not been previously announced to the market in an Appendix 3B

Pursuant to Appointment of Experienced Exploration Manager announcement released to ASX on 21 February 2022

	Issue details
only	Number of +securities
		500,000
		Were the +securities issued for a cash consideration?
use	No
Please describe the consideration being provided for the +securities
		For services rendered under a 12 month consulting agreement, commencing 21 February 2022
		Purpose of the issue
		To pay for services rendered
		Additional Details
Forpersonal

Notification of Issue, Conversion or Payment up of Unquoted

5 / 7