Conversion of Securities
17 November 2003 - 9:34PM
UK Regulatory
RNS Number:1288S
Consolidated Minerals Limited
17 November 2003
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.
Name of entity
CONSOLIDATED MINERALS LIMITED
ABN
85 000 727 926
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 Ordinary Fully Paid Shares
be issued
2 Number of +securities issued or to 303,332 ordinary fully paid
be issued (if known) or maximum shares
number which may be issued
3 Principal terms of the +securities Not Applicable
(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 Yes
all 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 90,000 shares - 71
cents per share; and
213,332 shares - 56
cents per share.
6 Purpose of the issue Conversion of
(If issued as consideration for the employee options
acquisition of assets, clearly
identify those assets)
7 Dates of entering 30/10/03 - 35,700
+securities into shares;
uncertificated 7/11/03 - 67,000
holdings or despatch shares;
of certificates 10/11/03 - 50,000
shares;
14/11/03 - 110,632
shares; and
17/11/03 - 40,000
shares.
Number +Class
8 Number and +class of 153,361,88 Ordinary
all +securities quoted 3 Fully
on ASX (including the 12,500,000 Paid
securities in clause 2 Shares
if applicable) Convertibl
e Notes
Number +Class
9 Number and +class of all 1,400,000 Options expiring
+securities not quoted 798,000 31/5/2004
on ASX (including the 810,000 Options expiring
securities in clause 2 786,668 6/11/2004
if applicable) 1,300,000 Options expiring
12/9/05
Options expiring
21/10/07
Options expiring
25/7/06
10 Dividend policy (in the Pari passu from the date of allotment of
case of a trust, the shares
distribution policy) on
the increased capital
(interests)
Part 2 - Bonus issue or pro rata issue
11 Is security holder approval required?
12 Is the issue renounceable or non-renounceable?
13 Ratio in which the +securities will be offered
14 +Class of +securities to which the offer relates
15 +Record date to determine entitlements
16 Will holdings on different registers (or subregisters) be aggregated
for calculating entitlements?
17 Policy for deciding entitlements in relation to fractions
18 Names of countries in which the entity has +security holders who will
not be sent new issue documents
Note: Security holders must be told how their entitlements are to be
dealt with.
Cross reference: rule 7.7.
19 Closing date for receipt of acceptances or renunciations
20 Names of any underwriters
21 Amount of any underwriting fee or commission
22 Names of any brokers to the issue
23 Fee or commission payable to the broker to the issue
24 Amount of any handling fee payable to brokers who lodge acceptances or
renunciations on behalf of +security holders
25 If the issue is contingent on +security holders' approval, the date of
the meeting
26 Date entitlement and acceptance form and prospectus or Product
Disclosure Statement will be sent to persons entitled
27 If the entity has issued options, and the terms entitle option holders
to participate on exercise, the date on which notices will be sent to
option holders
28 Date rights trading will begin (if applicable)
29 Date rights trading will end (if applicable)
30 How do +security holders sell their entitlements in full through a
broker?
31 How do +security holders sell part of their entitlements through a
broker and accept for the balance?
32 How do +security holders dispose of their entitlements (except by sale
through a broker)?
33 +Despatch date
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) x 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
Entities that have ticked box 34(a)
Additional securities forming a new class of securities
(If the additional securities do not form a new class, go to 43)
Tick to indicate you are providing the information or documents
35 If the +securities are +equity securities, the names of the 20 largest
holders of the additional +securities, and the number and percentage
of additional +securities held by those holders
36 If the +securities are +equity securities, a distribution schedule of
the additional +securities setting out the number of holders in the
categories
1 - 1,000
1,001 - 5,000
5,001 - 10,000
10,001 - 100,000
100,001 and over
37 A copy of any trust deed for the additional +securities
(now go to 43)
Entities that have ticked box 34(b)
38 Number of securities for which +quotation is sought
39 Class of +securities for which quotation is sought
40 Do the +securities rank equally in all 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
41 Reason for request for quotation now
Example: In the case of restricted securities, end
of restriction period
(if issued upon conversion of another security,
clearly identify that other security)
Number +Class
42 Number and +class of all +securities quoted on ASX
(including the securities in clause 38)
(now go to 43)
All entities
Fees
43 Payment method (tick one)
Cheque attached
Electronic payment made
Note: Payment may be made electronically
if Appendix 3B is given to ASX
electronically at the same time.
Periodic payment as agreed with the home
branch has been arranged
Note: Arrangements can be made for
employee incentive schemes that involve
frequent issues of securities.
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: 17 November 2003
Company Secretary
Print name: Neil Greygoose
This information is provided by RNS
The company news service from the London Stock Exchange
END
CONILFFILSLDLIV