Proposed issue of securities - LIT
Released
Released
Announcement PDF
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 1 / 7
Announcement Summary
Entity name
LIVIUM LTD
Announcement Type
New announcement
Date of this announcement
17/10/2025
The Proposed issue is:
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
LITOC OPTION EXPIRING 28-APR-2028 482,000,000
LIT ORDINARY FULLY PAID 360,000,000
Proposed +issue date
23/10/2025
Refer to next page for full details of the announcement
A placement or other type of issue
Appendix 3B - Proposed issue of securities
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Part 1 - Entity and announcement details
1.1 Name of +Entity
LIVIUM LTD
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
126129413
1.3 ASX issuer code
LIT
1.4 The announcement is
1.5 Date of this announcement
17/10/2025
1.6 The Proposed issue is:
A placement or other type of issue
New announcement
Appendix 3B - Proposed issue of securities
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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
25/11/2025
Is the date estimated or
actual?
** Approval
received/condition met?
Comments
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
LIT : ORDINARY FULLY PAID
Number of +securities proposed to be issued
360,000,000
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 0.01250
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Yes
Yes
Yes
Existing class
Estimated
Yes
Appendix 3B - Proposed issue of securities
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Attaching +Security
Is the proposed attaching 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)?
Attaching +Security - Existing class (additional +securities in a class that is already quoted or recorded by ASX)
Details of attaching +securities proposed to be issued
ASX +security code and description
LITOC : OPTION EXPIRING 28-APR-2028
Number of +securities proposed to be issued
360,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash consideration?
Please describe the consideration being provided for the +securities
Free attaching options pursuant to a Placement
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
0.00000001
Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that
class?
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
LITOC : OPTION EXPIRING 28-APR-2028
Number of +securities proposed to be issued
72,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
No
No
Existing class
Yes
No
Existing class
Appendix 3B - Proposed issue of securities
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Please describe the consideration being provided for the +securities
Lead Manager Options proposed to be issued to the Lead Manager for services in connection with the Placement.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
0.008000
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
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
LITOC : OPTION EXPIRING 28-APR-2028
Number of +securities proposed to be issued
50,000,000
Offer price details
Are the +securities proposed to be issued being issued for a cash
consideration?
Please describe the consideration being provided for the +securities
Retainer Options proposed to be issued to the Lead Manager for services in connection with the Placement.
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
0.008000
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Part 7C - Timetable
7C.1 Proposed +issue date
23/10/2025
Yes
No
No
Existing class
Yes
Appendix 3B - Proposed issue of securities
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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?
189,789,289 Placement Shares
65,526,778 Placement Options
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?
170,210,711 Placement Shares
7D.1c ( ii ) Please explain why the entity has chosen to do a placement rather than a +pro rata issue or an offer
under a +security purchase plan in which existing ordinary +security holders would have been eligible to
participate
The Company is issuing shares to institutional and sophisticated investors under a placement as it is considered to be a
more certain and efficient mechanism for raising funds in the current market environment.
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?
Copeak Pty Ltd
7E.1b What fee, commission or other consideration is payable to them for acting as lead manager/broker?
Lead Manager is entitled to fees of 6% on Placement funds raised, Lead Manager Options (as referred to in this Appendix
3B), and Retainer Options (as referred to in this Appendix 3B).
7E.2 Is the proposed issue to be underwritten?
7E.4 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 the securities
Capital raising. Proposed use of funds is detailed in the ASX Announcement dated 17 October 2025.
No
Yes
No
No
No
Yes
Yes
No
Appendix 3B - Proposed issue of securities
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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
This Appendix 3B relates to the issue of:
(a) 189,789,289 Placement Shares under LR 7.1
(b) 170,210,711 Placement Shares under LR7.1A
(c) 65,526,778 Placement Options under LR 7.1
(d) 294,473,322 Placement Options subject to shareholder approval
(e) 72,000,000 Lead Manager Options subject to shareholder approval
(f) 50,000,000 Retainer Options subject to shareholder approval
Response to 7F.3 in respect of the Placement Shares: The publication of a cleansing notice under section
708A(5),708AA(2)(f), 1012DA(5) or 1012DAA(2)(f)
Response to 7F.3 in respect of the Options: The publication of a +disclosure document or +PDS involving the same class
of securities as the +securities proposed to be issued that meets the requirements of section 708A(11) or 1012DA(11)
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
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