Proposed issue of securities - AWJ
Released
Released
Announcement PDF
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 1 / 10
Announcement Summary
Entity name
AURIC MINING LIMITED
Announcement Type
New announcement
Date of this announcement
12/11/2026
The Proposed issue is:
Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan
ASX +security code +Security description
Maximum Number of
+securities to be issued
AWJ ORDINARY FULLY PAID 16,216,216
+Record date
11/11/2026
Offer closing date
15/12/2026
+Issue date
21/12/2026
Total number of +securities proposed to be issued for a placement or other type of issue
ASX +security code +Security description
Maximum Number of
+securities to be issued
AWJ ORDINARY FULLY PAID 91,891,892
Proposed +issue date
18/11/2026
Refer to next page for full details of the announcement
A placement or other type of issue
A placement or other type of issue
An offer of securities under a securities purchase plan
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 2 / 10
Part 1 - Entity and announcement details
1.1 Name of +Entity
AURIC MINING LIMITED
We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees
to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in
Appendix 3B of the ASX Listing Rules.
If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also
apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set
out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under
the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX
an Appendix 2A online form notifying ASX of their issue and applying for their quotation).
1.2 Registered Number Type
ACN
Registration Number
635470843
1.3 ASX issuer code
AWJ
1.4 The announcement is
1.5 Date of this announcement
12/11/2026
1.6 The Proposed issue is:
A placement or other type of issue
A placement or other type of issue
An offer of +securities under a +securities purchase plan
New announcement
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 3 / 10
Part 4 - Details of proposed offer under securities purchase plan
Part 4A - Conditions
4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities
under the +securities purchase plan issue can proceed on an unconditional basis?
4A.1a Conditions
Approval/Condition
Other (please specify in
comment section)
Date for determination
18/11/2026
Is the date estimated or
actual?
** Approval
received/condition met?
No
Comments
The undertaking of the SPP at an issue price of AUD0.185 per share is subject to the granting of a waiver by the
Australian Securities Exchange (ASX). As the issue price discount limitation requirements of the SPP exception in ASX
Listing Rule 7.2 (Exception 5) and ASX Listing Rule 10.12 (Exception 4) is not strictly met, the Company is seeking a
waiver from ASX to allow the Company to issue Shares under the SPP to eligible shareholders at an issue price of
AUD0.185 per Share, being the same terms as the Placement.
Estimated
Yes
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 4 / 10
Part 4B - Offer details
+Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities
proposed to be issued
ASX +security code and description
AWJ : ORDINARY FULLY PAID
Will the proposed issue of this
+security include an offer of
attaching +securities?
Details of +securities proposed to be issued
ASX +security code and description
AWJ : ORDINARY FULLY PAID
Maximum total number of those +securities that could be issued
if all offers under the +securities purchase plan are accepted
16,216,216
Will the offer be conditional on applications for a minimum
number of +securities being received or a minimum amount
being raised (i.e. a minimum subscription condition)?
Will the offer be conditional on applications for a maximum
number of +securities being received or a maximum amount
being raised (i.e. a maximum subscription condition)?
Will individual security holders be required to accept the offer for
a minimum number or value of +securities (i.e. a minimum
acceptance condition)?
Is the minimum acceptance unit based or dollar based?
Please enter the minimum acceptance value
$ 2,000
Will individual security holders be limited to accepting the offer
for a maximum number or value of +securities (i.e. a maximum
acceptance condition)?
Is the maximum acceptance unit based or dollar based?
Please enter the maximum acceptance value
$ 30,000
Dollar based ($)
Yes
Dollar based ($)
Yes
No
No
No
Dollar based ($)
Yes
Dollar based ($)
Yes
No
No
No
Dollar based ($)
Yes
Dollar based ($)
Yes
No
No
No
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 5 / 10
Describe all the applicable parcels available for this offer in number of securities or dollar value
Offer A - $30,000, Offer B - $25,000, Offer C - $20,000, Offer D - $15,000, Offer E - $10,000, Offer F -
$5,000 and Offer G - $2,000.
Offer price details
Has the offer price been determined?
In what currency will the offer
be made?
AUD - Australian Dollar
What is the offer price per
+security?
AUD 0.18500
Oversubscription & Scale back details
Will a scale back be applied if the offer is over-subscribed?
Describe the scale back arrangements
In the event of oversubscriptions, the Directors of the Company may, in their absolute discretion,
increase the amount raised under the Plan (in accordance with the ASX Listing Rule parameters) or
alternatively scale-back all Applications on an equitable basis. Scale-back decisions are made by the
Directors of the Company and are final.
Will these +securities rank equally in all respects from their issue date with the existing issued
+securities in that class?
Part 4C - Timetable
4C.1 Date of announcement of +security purchase plan
12/11/2026
4C.2 +Record date
11/11/2026
4C.3 Date on which offer documents will be made available to investors
19/11/2026
4C.4 Offer open date
19/11/2026
4C.5 Offer closing date
15/12/2026
4C.7 +Issue date and last day for entity to announce results of +security
purchase plan offer
21/12/2026
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 6 / 10
Part 4D - Listing Rule requirements
4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5
or do you have a waiver from those requirements?
4D.1a Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
4D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)?
Part 4E - Fees and expenses
4E.1 Will there be a lead manager or broker to the proposed offer?
4E.2 Is the proposed offer to be underwritten?
4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a
handling fee or commission?
4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer
The Company has appointed Peloton Capital Pty Ltd to provide shareholder engagement services regarding the SPP.
Peloton will be paid a success fee of up to 4% on paid applications from the shareholders forming the engagement
campaign.
Part 4F - Further Information
4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue
- Grade control and extensional drilling at Munda
- Acquisition and commencement of drilling at Iron Maiden
- Relocation of recently purchased infrastructure package and equipment for Burbanks
- Working capital and ongoing business development activities.
4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful?
4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer
All countries other than Australia and New Zealand
4F.3 URL on the entity's website where investors can download information about the proposed offer
Further information will be available at following distribution of offer
https://auricmining.com.au/announcements
documentation
4F.4 Any other information the entity wishes to provide about the proposed offer
The SPP offer at the proposed issue price is subject to granting of an ASX waiver.
While the Company intends to raise $3,000,000 under the Plan (issuing up to 16,216,216 shares), the Company reserves
the right to accept oversubscriptions at its absolute discretion, subject to shareholder demand and compliance with the
ASX Listing Rules. In accordance with the ASX Listing Rules, the maximum number of Shares that can be issued under a
No
No
No
No
No
No
No
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 7 / 10
share purchase plan is that amount equal to 30% of the Company¿s existing issued share capital. Accordingly, following
proposed completion of Tranche 1 placement securities the maximum shares that may be issued pursuant to the SPP will
be 70,460,100.
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 8 / 10
Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other
type of issue can proceed on an unconditional basis?
7A.1a Conditions
Approval/Condition
+Security holder approval
Date for determination
14/12/2026
Is the date estimated or
actual?
** Approval
received/condition met?
No
Comments
Shareholder approval required for the issue of up to 44,918,492 shares pursuant to Tranche 2 of the share placement
Part 7B - Issue details
Is the proposed security a 'New
class' (+securities in a class that is
not yet quoted or recorded by ASX)
or an 'Existing class' (additional
securities in a class that is already
quoted or recorded by ASX)?
Will the proposed issue of this
+security include an offer of
attaching +securities?
Details of +securities proposed to be issued
ASX +security code and description
AWJ : ORDINARY FULLY PAID
Number of +securities proposed to be issued
91,891,892
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
In what currency is the cash
consideration being paid?
AUD - Australian Dollar
What is the issue price per
+security?
AUD 0.18500
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Yes
Yes
No
Existing class
Estimated
Yes
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 9 / 10
Part 7C - Timetable
7C.1 Proposed +issue date
18/11/2026
Part 7D - Listing Rule requirements
7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1?
7D.1b Are any of the +securities proposed to be issued without +security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
7D.1b ( i ) How many +securities are proposed to be issued without security holder approval using the entity's 15%
placement capacity under listing rule 7.1?
28,184,040 shares
7D.1c Are any of the +securities proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A (if applicable)?
7D.1c ( i ) How many +securities are proposed to be issued without +security holder approval using the entity's
additional 10% placement capacity under listing rule 7.1A?
18,789,360 shares
7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue?
7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules?
7D.4 Will any of the +securities to be issued be subject to +voluntary escrow?
Part 7E - Fees and expenses
7E.1 Will there be a lead manager or broker to the proposed issue?
7E.1a Who is the lead manager/broker?
Canaccord Genuity (Australia) Limited, Taylor Collision Limited and MA Moelis Australia Advisory Pty Ltd acted as Joint
Lead Managers to the Placement. Lazarus Advisory Pty Ltd acted as Co-Manager to the Placement.
7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
Under the Lead Manager Mandate, the Company has agreed to pay the Lead Managers, the following fees:
(a) a management fee equal to 2% of the gross proceeds of the Placement; and
(b) a selling fee equal to 4% of the gross proceeds of the Placement, excluding any proceeds subscribed for by
investors identified by the Company (including the Director Participants).
7E.2 Is the proposed issue to be underwritten?
No
Yes
No
No
Yes
Yes
Yes
No
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 10 / 10
7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
None
Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
- Grade control and extensional drilling at Munda
- Acquisition and commencement of drilling at Iron Maiden
- Relocation of recently purchased infrastructure package and equipment for Burbanks
- Working capital and ongoing business development activities.
7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
7F.2 Any other information the entity wishes to provide about the proposed issue
None
7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with
the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of:
The publication of a cleansing notice under section 708A(5), 708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
No
Share your feedback
Discover