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Black Rock Mining Limited Notice of General Meeting

Strategic Insights

— 1 min read

At its forthcoming General Meeting, Black Rock Mining Limited will be considering ratification of the issue of 212,992,439 Placement Shares under Tranche 1, approval for the issue of up to 263,198,038 Placement Shares under Tranche 2, and approval for the issue of up to 476,190,477 New Options to Placement Participants. The Meeting will be held on Friday, 17 October 2025, at 11:00 am (AWST) at The Park Business Centre in West Perth.

Key Takeaways:

  • The General Meeting will consider three resolutions: ratification of the issue of 212,992,439 Placement Shares under Tranche 1, approval for the issue of up to 263,198,038 Placement Shares under Tranche 2, and approval for the issue of up to 476,190,477 New Options to Placement Participants.
  • Shareholders will be voting on the resolutions, with voting exclusion statements applying to certain shareholders, including those who participated in the issue or are counters to the agreement being approved.
  • Shareholders who are entitled to vote but have excluded persons will need to provide written confirmation to their holder that they are not excluded from voting and adhere to conditions for voting on the Resolution.
  • The resolutions aim to facilitate the placement of shares to institutional and sophisticated investors under Tranches 1 and 2, and the issue of new options with an exercise price of $0.03 and an expiry date of two years from the date of issue.
  • The Meeting will be held at The Park Business Centre in West Perth on Friday, 17 October 2025 at 11:00 am (AWST).

Statistics:

  • 212,992,439 Placement Shares will be issued under Tranche 1 at an issue price of $0.021 each.
  • Up to 263,198,038 Placement Shares can be issued under Tranche 2 at the same issue price of $0.021 per Placement Share.
  • Up to 476,190,477 New Options will be issued with each New Option having an exercise price of $0.03 and an expiry date of two years from the date of issue.

Sources:

  • BLACK ROCK MINING LIMITED (2025, October) Notice is given that the General Meeting of Shareholders of Black Rock Mining Limited ABN 59 094 551 336 will be held on...

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