Investors
Shares
Renascor resources listed on the Australian Securities Exchange on 15 December 2010. Upon listing Renascor had 112,500,000 shares on issue, with 40,000,000 shares issued at $0.20 per share under its prospectus dated 9 November 2010.
On 20 December 2010, 750,000 shares were issued to Hiltaba Gold Pty Ltd (Hiltaba), a subsidiary of Stellar Resources Limited (ASX: SRZ), in accordance with a joint venture agreement between Renascor and the Company concerning EL 3978 (see Pirie Basin Project and Eastern Eyre Project). In addition, on 30 April 2012, 750,000 shares were issued to Hiltaba following Renascor’s election to continue sole funding exploration of EL 3978 and earn a 75% interest in EL 3978.
On 31 August 2012, Renascor completed the acquisition of ten exploration licences in the Frome Basin and one exploration licence located in the northern Gawler Craton of South Australia from Frome Uranium Pty Ltd, a subsidiary of Callabonna Uranium Limited (ASX: CUU), and 800,000 shares were issued as consideration.
On 5 May 2014, Renascor issued 6,640,000 shares at $0.05 as part of a placement which was completed on 30 June 2014 with a further issue of 5,050,000 shares at $0.05.
On 2 June 2014, Renascor issued 9,910,000 shares at $0.05 in relation to applications received under a Share Purchase Plan offer to existing shareholders.
On 3 September 2014, 500,000 ordinary shares were issued as consideration, pursuant to an agreement with Currie Resources Pty Ltd, that grants Renascor an option to acquire 100% of two exploration licences adjacent to Renascor’s Eastern Eyre project.
On 7 May 2015, 1,439,488 shares were issued to the Non-executive Directors pursuant to the Non-Executive Directors Share Plan as approved by shareholder at the Company’s Annual General Meeting held on 27 November 2014.
On 9 June 2015, 25,000,000 shares at $0.02 plus one [1] free attaching listed option, exercisable @ $0.03 expiring on 30 September 2016, for every two [2] new shares acquired, were issued to sophisticated investors as part of the capital raising announced to the market on 2 June 2015.
On 18 June 2015, 31,500,000 shares at $0.02 were issued as part of the institutional component of the accelerated entitlement offer (on the basis of one [1] new share for every two [2] shares held plus one [1] free attaching listed option, exercisable @ $0.03 expiring on 30 September 2016, for every two [2] new shares acquired), as announced to the market on 2 June 2015.
On 9 July 2015, 20,950,612 shares at $0.02 were issued as part of the retail component of the accelerated entitlement offer (on the basis of one [1] new share for every two [2] shares held plus one [1] free attaching listed option, exercisable @ $0.03 expiring on 30 September 2016, for every two [2] new shares acquired), as announced to the market on 2 June 2015.
As at 9 July 2015, Renascor had 215,790,100 shares on issue.
Options
The following table describes the options Renascor has on issue:
Type | Number of Options | Exercise Price | Vesting Date | Expiry Date |
Hiltaba Unlisted Options. | 750,000 | $0.054 | Already vested | 30 April 2016 |
Listed Options (part of placement announced on 2 June 2015). | 12,500,000 | $0.03 | Already vested | 30 September 2016 |
Listed Options (part of accelerated entitlement offer announced on 2 June 2015). | 26,225,310 | $0.03 | Already vested | 30 September 2016 |