Notice of Annual General Meeting/Proxy Form
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BRYAH RESOURCES LIMITED
ACN 616 795 245
NOTICE OF ANNUAL GENERAL MEETING
Notice is given that the Meeting will be held at:
TIME: 10:00am (WST)
DATE: Wednesday, 26 November 2025
PLACE: 191B Carr Place
LEEDERVILLE WA 6007
The business of the Meeting affects your shareholding and your vote is important.
This Notice of Meeting should be read in its entirety. If Shareholders are in doubt as to how
they should vote, they should seek advice from their professional advisers prior to voting.
The Directors have determined pursuant to Regulation 7.11.37 of the Corporations
Regulations 2001 (Cth) that the persons eligible to vote at the Meeting are those who are
registered Shareholders at 5:00pm (WST) on 24 November 2025.
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BUSINESS OF THE MEETING
AGENDA
1. FINANCIAL STATEMENTS AND REPORTS
To receive and consider the annual financial report of the Company for the financial
year ended 30 June 2025 together with the declaration of the Directors, the Director’s
report, the Remuneration Report and the auditor’s report.
2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as a non-binding resolution:
“That, for the purposes of section 250R(2) of the Corporations Act and for all other
purposes, approval is given for the adoption of the Remuneration Report as
contained in the Company’s annual financial report for the financial year ended
30 June 2025.”
Note: the vote on this Resolution is advisory only and does not bind the Directors or the
Company.
A voting prohibition statement applies in relation to this Resolution. Please see below.
3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – LESLIE INGRAHAM
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purpose of clause 12.11 of the Constitution, Listing Rule 14.5 and for
all other purposes, Leslie Ingraham, a Director, retires by rotation, and being
eligible, is re-elected as a Director.”
4. RESOLUTION 3 – ELECTION OF DIRECTOR – ASHLEY JONES
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purposes of clause 12.17 of the Constitution, Listing Rule 14.4
and for all other purposes, Ashley Jones, a Director who was appointed to fill
a casual vacancy on 1 April 2025, retires, and being eligible, is elected as a
Director.”
5. RESOLUTION 4 – APPROVAL OF 7.1A MANDATE
To consider and, if thought fit, to pass the following resolution as a special resolution:
“That, for the purposes of Listing Rule 7.1A and for all other purposes, approval is
given for the Company to issue up to that number of Equity Securities equal to 10%
of the issued capital of the Company at the time of issue, calculated in
accordance with the formula prescribed in Listing Rule 7.1A.2 and otherwise on
the terms and conditions set out in the Explanatory Statement.”
Note: Resolution 4 is a special resolution. To be passed, it must be approved by at least
75% of the votes cast by Shareholders entitled to vote on the Resolution.
Voting exclusions apply in relation to this Resolution. Please see below.
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6. RESOLUTION 5 – APPROVAL OF ISSUE OF EQUITY SECURITIES UNDER EMPLOYEE
SECURITIES INCENTIVE PLAN
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purposes of Listing Rule 7.2 (Exception 13(b)) and for all other
purposes, Shareholders approve the issue of up to 100,000,000 Equity Securities
under the ‘Employee Securities Incentive Plan’ (Plan), on the terms and
conditions set out in the Explanatory Statement.”
A voting exclusion statement and voting prohibition statement apply to this
Resolution. Please see below.
7. RESOLUTION 6 – ISSUE OF INCENTIVE PERFORMANCE RIGHTS TO DIRECTOR (IAN
STUART)
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purposes of section 195(4) and section 208 of the Corporations Act,
Listing Rule 10.14 and for all other purposes, approval is given for the Company
to issue 16,000,000 Performance Rights to Ian Stuart (or his nominee) under the
Employee Securities Incentive Plan on the terms and conditions set out in the
Explanatory Statement.”
A voting exclusion statement and voting prohibition statement apply to this
Resolution. Please see below.
8. RESOLUTION 7 – ISSUE OF INCENTIVE PERFORMANCE RIGHTS TO DIRECTOR (LESLIE
INGRAHAM)
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purposes of section 195(4) and section 208 of the Corporations Act,
Listing Rule 10.14 and for all other purposes, approval is given for the Company
to issue 16,000,000 Performance Rights to Leslie Ingraham (or his nominee) under
the Employee Securities Incentive Plan on the terms and conditions set out in the
Explanatory Statement.”
A voting exclusion statement and voting prohibition statement apply to this
Resolution. Please see below.
9. RESOLUTION 8 – ISSUE OF INCENTIVE PERFORMANCE RIGHTS TO DIRECTOR (ASHLEY
JONES)
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as an ordinary resolution:
“That, for the purposes of section 195(4) and section 208 of the Corporations Act,
Listing Rule 10.14 and for all other purposes, approval is given for the Company
to issue 16,000,000 Performance Rights to Ashley Jones (or his nominee) under the
Employee Securities Incentive Plan on the terms and conditions set out in the
Explanatory Statement.”
A voting exclusion statement and voting prohibition statement apply to this
Resolution. Please see below.
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10. RESOLUTION 9 – CHANGE OF COMPANY NAME
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as a special resolution:
“That, for the purpose of section 157(1)(a) of the Corporations Act 2001 and for
all other purposes, approval is given for the name of the Company to be
changed to Albright Metals Limited”
Note: Resolution 9 is a special resolution. To be passed, it must be approved by at least
75% of the votes cast by Shareholders entitled to vote on the Resolution.
11. RESOLUTION 10 – REPLACEMENT OF CONSTITUTION
To consider and, if thought fit, to pass, with or without amendment, the following
resolution as a special resolution:
“That, for the purpose of section 136(2) of the Corporations Act approval is
given for the Company to repeal its existing Constitution and adopt the new
constitution tabled at the meeting and signed by the Chair for the purposes of
identification, with effect from the close of the Meeting”
Note: Resolution 10 is a special resolution. To be passed, it must be approved by at least
75% of the votes cast by Shareholders entitled to vote on the Resolution.
12. QUESTIONS AND COMMENTS
The Chair will allow a reasonable opportunity for Shareholders to ask questions or
make comments on the management of the Company.
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Voting Prohibition Statements
Resolution 1 –
Adoption of
Remuneration Report
A vote on this Resolution must not be cast (in any capacity) by or on
behalf of either of the following persons:
(a) a member of the Key Management Personnel, details of whose
remuneration are included in the Remuneration Report; or
(b) a Closely Related Party of such a member.
However, a person (the voter) described above may cast a vote on this
Resolution as a proxy if the vote is not cast on behalf of a person
described above and either:
(a) the voter is appointed as a proxy by writing that specifies the
way the proxy is to vote on this Resolution; or
(b) the voter is the Chair and the appointment of the Chair as
proxy:
(i) does not specify the way the proxy is to vote on this
Resolution; and
(ii) expressly authorises the Chair to exercise the proxy
even though this Resolution is connected directly or
indirectly with the remuneration of a member of the
Key Management Personnel.
Resolution 5 –
Approval of Issue of
Securities Under
Employee Securities
Incentive Plan
A person appointed as a proxy must not vote, on the basis of that
appointment, on this Resolution if:
(a) the proxy is either:
(i) a member of the Key Management Personnel; or
(ii) a Closely Related Party of such a member; and
(b) the appointment does not specify the way the proxy is to vote
on this Resolution.
However, the above prohibition does not apply if:
(a) the proxy is the Chair; and
(b) the appointment expressly authorises the Chair to exercise the
proxy even though this Resolution is connected directly or
indirectly with remuneration of a member of the Key
Management Personnel.
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Resolutions 6 -8 –
Issue of Incentive
Performance Rights to
Directors
In accordance with section 224 of the Corporations Act, a vote on these
Resolutions must not be cast (in any capacity) by or on behalf of a
related party of the Company to whom the relevant Resolution would
permit a financial benefit to be given, or an associate of such a related
party (Resolutions 6 – 8 Excluded Party). However, the above prohibition
does not apply if the vote is cast by a person as proxy appointed by
writing that specifies how the proxy is to vote on the relevant Resolution
and it is not cast on behalf of a Resolutions 6 – 8 Excluded Party.
In accordance with section 250BD of the Corporations Act, a person
appointed as a proxy must not vote, on the basis of that appointment,
on these Resolutions if:
(a) the proxy is either:
(i) a member of the Key Management Personnel; or
(ii) a Closely Related Party of such a member; and
(b) the appointment does not specify the way the proxy is to vote
on these Resolutions.
Provided the Chair is not a Resolutions 6 - 8 Excluded Party, the above
prohibition does not apply if:
(a) the proxy is the Chair; and
(b) the appointment expressly authorises the Chair to exercise the
proxy even though these Resolutions are connected directly or
indirectly with remuneration of a member of the Key
Management Personnel.
Voting Exclusion Statements
In accordance with Listing Rule 14.11, the Company will disregard any votes cast in favour of the
Resolution set out below by or on behalf of the following persons:
Resolution 4 –
Approval of 7.1A
Mandate
Any person who is expected to participate in, or who will obtain a
material benefit as a result of, the proposed issue (except a benefit
solely by reason of being a holder of Shares) or an associate of that
person or those persons.
Resolution 5 –
Adoption of Securities
Incentive Plan
A person who is eligible to participate in the employee incentive scheme
or an associate of that person or those persons.
Resolutions 6 - 8 –
Issue of Incentive
Performance Rights to
Directors
Any person referred to in Listing Rule 10.14.1, 10.14.2 or 10.14.3 who is
eligible to participate in the employee incentive scheme in question
including:
(a) Ian Stuart under Resolution 6
(b) Leslie Ingraham under Resolution 7; and
(c) Ashley Jones under Resolution 8,
or an associate of that person or those persons.
However, this does not apply to a vote cast in favour of the Resolution by:
(a) a person as a proxy or attorney for a person who is entitled to vote on the Resolution,
in accordance with the directions given to the proxy or attorney to vote on the
Resolution in that way; or
(b) the Chair as proxy or attorney for a person who is entitled to vote on the Resolution,
in accordance with a direction given to the Chair to vote on the Resolution as the
Chair decides; or
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(c) a holder acting solely in a nominee, trustee, custodial or other fiduciary capacity on
behalf of a beneficiary provided the following conditions are met:
(i) the beneficiary provides written confirmation to the holder that the beneficiary is
not excluded from voting, and is not an associate of a person excluded from
voting, on the Resolution; and
(ii) the holder votes on the Resolution in accordance with directions given by the
beneficiary to the holder to vote in that way.
Explanatory Statement
For further information in relation to the items of business to be considered at the Meeting, please refer
to the Explanatory Statement which accompanies this Notice. The Explanatory Statement forms part
of this Notice.
Glossary
Unless inconsistent with the context, capitalised terms used in this Notice will have the meanings given
to them in the Glossary of Terms set out in the Explanatory Statement.
Meeting and Voting Information
Appointment of a proxy
A Shareholder entitled to attend and vote at the Meeting is entitled to appoint a proxy. The proxy may,
but need not be, a Shareholder.
If you wish to appoint the Chair as your proxy, mark the appropriate box on the Proxy Form. If the person
you wish to appoint as your proxy is someone other than the Chair please write the name of that person.
If you leave this section blank, or your named proxy does not attend the Meeting, the Chair will be your
proxy.
You are entitled to appoint up to two persons as proxies to attend the Meeting and vote on a poll.
To appoint a second proxy you must on each Proxy Form state (in the appropriate box) the percentage
of your voting rights which are the subject of the relevant proxy. If both Proxy Forms do not specify that
percentage, each proxy may exercise half your votes. Fractions of votes will be disregarded.
Corporate Shareholders
Corporate Shareholders should comply with the execution requirements set out on the proxy form or
otherwise with the provisions of section 127 of the Corporations Act. Section 127 of the Corporations
Act provides that a company may execute a document without using its common seal if the document
is signed by:
• two directors of the company;
• a director and a company secretary of the company; or
• for a proprietary company that has a sole director who is also the sole company secretary –
that director.
Votes on Resolutions
Voting on each Resolution will be decided by poll, based on proxy votes and by votes from
Shareholders in attendance at the Annual General Meeting. You may direct your proxy how to vote on
a Resolution by placing a mark in one of the boxes opposite the Resolution. All your shareholding will
be voted in accordance with such a direction unless you indicate only a portion of voting rights are to
be voted on the Resolutions by inserting the percentage or number of Shares you wish to vote in the
appropriate box or boxes. If you do not mark any of the boxes on the Resolutions, your proxy may vote
as he or she chooses. If you mark more than one box on a Resolution your vote on the Resolution will
be invalid.
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Voting entitlement (snapshot date)
For the purposes of determining voting and attendance entitlements at the Meeting, Shares will be
taken to be held by the persons who are registered as holding the Shares at 5.00pm WST on Monday,
24 November 2025. Accordingly, transactions registered after that time will be disregarded in
determining entitlements to attend and vote at the Meeting.
Corporate representatives
A corporation may elect to appoint an individual to act as its representative in accordance with section
250D of the Corporations Act, in which case the Company will require a certificate of appointment of
the corporate representative executed in accordance with the Corporations Act. The certificate of
appointment must be lodged with the Company and/or the Company's share registry before the
Meeting or at the registration desk on the day of the Meeting.
Questions from Shareholders
At the Meeting, the Chair will allow a reasonable opportunity for Shareholders to ask questions or make
comments on the management of the Company. The auditor responsible for preparing the auditor's
report for the year ended 30 June 2025 (or their representative) will also attend the Meeting. The Chair
will also allow a reasonable opportunity for Shareholders to ask the auditor questions about the conduct
of the audit, the preparation and content of the auditor’s report, the accounting policies adopted by
the Company in relation to the preparation of financial statements, and the independence of the
auditor in relation to the conduct of the audit.
Should you wish to discuss the matters in this Notice of Meeting please do not hesitate to contact
the Company Secretary on +61 8 9321 0001.
By order of the Board
Neville Bassett
Company Secretary
6 October 2025
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EXPLANATORY STATEMENT
This Explanatory Statement has been prepared for the information of Shareholders in relation
to the business to be conducted at the Annual General Meeting.
The purpose of this Explanatory Statement is to provide Shareholders with all information
known to the Company which is material to a decision on how to vote on the Resolutions in
the accompanying Notice of Annual General Meeting.
This Explanatory Statement should be read in conjunction with the Notice of Annual General
Meeting.
1. FINANCIAL STATEMENTS AND REPORTS
In accordance with the Corporations Act, the business of the Meeting will include
receipt and consideration of the annual financial report of the Company for the
financial year ended 30 June 2025 together with the declaration of the Directors, the
Directors’ report, the Remuneration Report and the auditor’s report.
The Company will not provide a hard copy of the Company’s annual financial report
to Shareholders unless specifically requested to do so. The Company’s annual financial
report is available on its website at https://www.bryah.com.au/.
2. RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT
2.1 General
The Corporations Act requires that at a listed company’s annual general meeting, a
resolution that the remuneration report be adopted must be put to the shareholders.
However, such a resolution is advisory only and does not bind the company or the
directors of the company.
The remuneration report sets out the company’s remuneration arrangements for the
directors and senior management of the company. The remuneration report is part of
the directors’ report contained in the annual financial report of the company for a
financial year.
The chair of the meeting must allow a reasonable opportunity for its shareholders to
ask questions about or make comments on the remuneration report at the annual
general meeting.
2.2 Voting consequences
A company is required to put to its shareholders a resolution proposing the calling of
another meeting of shareholders to consider the appointment of directors of the
company (Spill Resolution) if, at consecutive annual general meetings, at least 25% of
the votes cast on a remuneration report resolution are voted against adoption of the
remuneration report and at the first of those annual general meetings a Spill Resolution
was not put to vote. If required, the Spill Resolution must be put to vote at the second
of those annual general meetings.
If more than 50% of votes cast are in favour of the Spill Resolution, the company must
convene a shareholder meeting (Spill Meeting) within 90 days of the second annual
general meeting.
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All of the directors of the company who were in office when the directors' report (as
included in the company’s annual financial report for the most recent financial year)
was approved, other than the managing director of the company, will cease to hold
office immediately before the end of the Spill Meeting but may stand for re-election
at the Spill Meeting.
Following the Spill Meeting those persons whose election or re-election as directors of
the company is approved will be the directors of the company.
2.3 Previous voting results
At the Company’s previous annual general meeting the votes cast against the
remuneration report considered at that annual general meeting were less than 25%.
Accordingly, the Spill Resolution is not relevant for this Annual General Meeting.
2.4 Board recommendation
The Directors decline to make a recommendation as to how Shareholders should vote
in respect of Resolution 1 as they each have an interest in the outcome of the
Resolution.
3. RESOLUTION 2 – RE-ELECTION OF DIRECTOR – LESLIE INGRAHAM
3.1 General
Listing Rule 14.5 provides that an entity which has directors must hold an election of
directors at each annual general meeting.
The Constitution sets out the requirements for determining which Directors are to retire
by rotation at an annual general meeting.
Leslie Ingraham, who has served as a Director since 15 November 2017 and was last
re-elected on 20 November 2023, retires by rotation and, being eligible, seeks re-
election.
If Resolution 2 is passed, Leslie Ingraham will be re-elected as a non-executive Director
of the Company.
If Resolution 2 is not passed, Leslie Ingrham will not be re-elected and he will retire as a
Director. The Board may consider an appointment to fill a casual vacancy pursuant to
the Constitution, with ratification at the Company’s next annual general meeting.
3.2 Qualifications and other material directorships
Mr Ingraham has over 30 years’ experience in business and has performed the roles of
executive director and non-executive director at a number of ASX listed companies.
Mr Ingraham has extensive experience in capital raising and mineral prospecting and
exploration. Core competencies are also in corporate advisory, investor relations and
building long lasting relationships with high end investors in Australia and overseas.
Mr Ingraham has worked successfully as a consultant for private companies and public
companies listed on the ASX.
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3.3 Independence
Mr Ingraham has no interests, position, association or relationship that might influence,
or reasonably be perceived to influence, in a material respect his capacity to bring an
independent judgement to bear on issues before the Board and to act in the best
interest of the Company and its security holders generally.
If re-elected, the Board considers Mr Ingraham will be an independent director.
3.4 Board recommendation
The Board (excluding Mr Ingraham) has reviewed Leslie Ingraham’s performance
since his appointment to the Board and considers that his skills and experience will
continue to enhance the Board’s ability to perform its role.
Accordingly, the Board (other than Mr Ingraham, who declines to make a
recommendation noting his interest in the Resolution) supports the re-election of Leslie
Ingraham and recommends that Shareholders vote in favour of Resolution 2.
4. RESOLUTION 3 – ELECTION OF DIRECTOR – ASHLEY JONES
4.1 General
The Constitution allows the Directors to appoint at any time a person to be a Director
either to fill a casual vacancy or as an addition to the existing Directors, but only
where the total number of Directors does not at any time exceed the maximum
number specified by the Constitution.
Pursuant to the Constitution and ASX Listing Rule 14.4, any Director so appointed holds
office only until the next annual general meeting and is then eligible for election
by Shareholders but shall not be taken into account in determining the Directors who
are to retire by rotation (if any) at that meeting.
Ashley Jones, having been appointed by other Directors on 1 April 2025 in accordance
with the Constitution, will retire in accordance with the Constitution and ASX Listing
Rule 14.4 and being eligible, seeks election from Shareholders.
If Resolution 3 is passed, Ashley Jones will be re-elected as a non-executive Director of
the Company.
If Resolution 3 is not passed, Ashley Jones will not be re-elected and he will retire as a
Director. The Board may consider an appointment to fill a casual vacancy pursuant to
the Constitution, with ratification at the Company’s next annual general meeting.
4.2 Qualifications and other material directorships
Mr Jones has managed mining and exploration projects in Australia and Africa. He
has over 20 years of experience in a diverse range of minerals and has project
development expertise in feasibility level projects, with particular focus on resources
and mine development.
Mr Jones graduated from the University of Canterbury in New Zealand with a Bachelor
of Science (Honours) in Geology and Earth Science. He has a Master’s Degree in
Applied Finance and a Master of Business Administration (MBA) with distinction from
Imperial College in London. He is a Member of the Australian Institute of Mining and
Metallurgy (AusIMM) and Associate of the Financial Services Institute of Australasia
(FINSIA).
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Mr Jones is currently Managing Director of ASX-listed Star Minerals Limited.
4.3 Independence
Mr Jones was previously the Chief Executive Officer of the Company, stepping down
in April 2025 and moving to the role of non-executive director. He is not considered
independent in terms of Recommendation 2.3 of the ASX Corporate Governance
Principles and Recommendations (4th Edition).
If re-elected, the Board considers Mr Jones will be a non-independent director.
4.4 Board recommendation
The Board (excluding Mr Jones) has reviewed Ashley Jones’ performance since his
appointment to the Board and considers that his skills and experience will continue
to enhance the Board’s ability to perform its role.
Accordingly, the Board (other than Mr Jones, who declines to make a
recommendation noting his interest in the Resolution) supports the re-election of Ashley
Jones and recommends that Shareholders vote in favour of Resolution 3.
5. RESOLUTION 4 – APPROVAL OF 7.1A MANDATE
5.1 General
Broadly speaking, and subject to a number of exceptions, Listing Rule 7.1 limits the
amount of Equity Securities that a listed company can issue without the approval of its
shareholders over any 12 month period to 15% of the fully paid ordinary securities it
had on issue at the start of that period.
However, under Listing Rule 7.1A, an eligible entity may seek shareholder approval by
way of a special resolution passed at its annual general meeting to increase this 15%
limit by an extra 10% to 25% (7.1A Mandate).
An ‘eligible entity’ means an entity which is not included in the S&P/ASX 300 Index and
has a market capitalisation of $300,000,000 or less. As at the date of this Notice, the
Company is an eligible entity.
Resolution 4 seeks Shareholder approval by way of special resolution for the Company
to have the additional 10% placement capacity provided for in Listing Rule 7.1A to
issue Equity Securities without Shareholder approval. As Resolution 4 is a special
resolution, it must be passed by at least 75% of the votes cast by Shareholders present
and entitled to vote on the Resolution.
If Resolution 4 is passed, the Company will be able to issue Equity Securities up to the
combined 25% limit in Listing Rules 7.1 and 7.1A without any further Shareholder
approval.
If Resolution 4 is not passed, the Company will not be able to access the additional
10% capacity to issue Equity Securities without Shareholder approval under Listing Rule
7.1A, and will remain subject to the 15% limit on issuing Equity Securities without
Shareholder approval set out in Listing Rule 7.1.
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5.2 Overview of Listing Rule 7.1A
(a) Quoted securities
Equity Securities issued under the 7.1A Mandate must be on the same terms as
an existing class of equity securities of the Company quoted on ASX.
As at the date of this Notice, the Company has two classes of quoted Equity
Securities on issue, being:
• fully paid ordinary Shares (BYH); and
• Options exercisable at $0.035 and with an expiry date of 1 December
2025 (BYHOA).
(b) Formula for calculating 7.1A Mandate
Listing Rule 7.1A.2 provides that the Company may issue or agree to issue a
number of equity securities calculated in accordance with the following
formula under the 7.1A Mandate:
Additional Placement Capacity = (A x D) – E
where:
A is the number of Shares on issue 12 months before the commencement
of the relevant period:
• plus the number of Shares issued in the period from the date the
Company was admitted to the official list of ASX to the date
immediately preceding the date of the issue or agreement
(Relevant Period) under an exception in Listing Rule 7.2 (other
than exceptions 9, 16 or 17);
• plus the number of Shares issued in the Relevant Period on the
conversion of convertible securities within Listing Rule 7.2
exception 9 where:
o the convertible securities were issued or agreed to be
issued before the commencement of the Relevant Period;
or
o the issue of, or agreement to issue, the convertible
securities was approved, or taken under these rules to
have been approved, under Listing Rules 7.1 or 7.4;
• plus the number of Shares issued in the Relevant Period under an
agreement to issue securities within Listing Rule 7.2 exception 16
where:
o the agreement was entered into before the
commencement of the Relevant Period; or
o the agreement or issue was approved, or taken under
these rules to have been approved, under Listing Rules 7.1
or rule 7.4;
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• plus the number of Shares issued in the Relevant Period with
approval under Listing Rules 7.1 or 7.4;
• plus the number of partly paid ordinary securities that became
fully paid in the Relevant Period; and
• less the number of Shares cancelled in the Relevant Period;
D is 10%; and
E is the number of equity securities issued or agreed to be issued under
Listing Rule 7.1A.2 in the Relevant Period where the issue or agreement
has not been subsequently approved by the Shareholders under Listing
Rule 7.4.
(c) Interaction with Listing Rule 7.1
Listing Rule 7.1 limits the number of equity securities that an entity may issue
without the approval of its shareholders over any 12 month period to 15% of the
fully paid ordinary shares it had on issue at the start of that period, subject to
certain exceptions.
The 7.1A Mandate is in addition to the Company’s 15% placement capacity
under Listing Rule 7.1.
5.3 Technical information required by Listing Rule 7.1A
Pursuant to and in accordance with Listing Rule 7.3A, the information below is
provided in relation to Resolution 4:
(a) Period for which the 7.1A Mandate is val
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