Full Press Release Details
Announcement Summary
Date of this announcement
Friday November 13, 2020
The Proposed issue is:
placement or other type of issue
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 | |
| IMC | ORDINARY FULLY PAID | 2,737,500 |
Proposed +issue date
Friday November 13, 2020
Refer to next page for full details of the announcement
Part 1 - Entity and announcement details
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.
| 1.2 Registered Number Type | Registration Number | ||
| ABN | 80063114045 |
1.4 The announcement is
1.5 Date of this announcement
Friday November 13, 2020
1.6 The Proposed issue is:
A placement or other type of issue
Part 7 - Details of proposed placement or other issue
Part 7A - Conditions
7A.1 - Are any of the following approvals required
for the placement or other type of issue?
| Approval/Condition | Date for determination | Is the date estimated or | ** Approval | |
| actual? | received/condition met? | |||
| +Security holder approval | Thursday October 29, 2020 | Actual | Yes |
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? No | ||
| Existing class |
Details of +securities proposed to be issued
ASX +security code and description
IMC : ORDINARY FULLY PAID
Number of +securities proposed to be issued
Are the +securities proposed to be issued being issued
for a cash consideration?
| In what currency is the cash consideration being paid? | What is the issue price per +security? | ||
| AUD - Australian Dollar | AUD 0.08000 |
Will these +securities rank equally in all respects
from their issue date with the existing issued +securities in that class?
7C.1 Proposed +issue date
Friday November 13, 2020
Part 7D - Listing Rule requirements
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.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.2 Is a party referred to in listing rule 10.11 participating
in the proposed issue?
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
7E.2 Is the proposed issue to be underwritten?
Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue
Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing
Will the entity be changing its dividend/distribution policy if the proposed issue proceeds?
Any other information the entity wishes to provide about the proposed issue