EQ Resources Limited Annual Report 2021

EQ Resources Limited Annual Report 2021 51 ANNUAL Report June 2021 Notes to the Consolidated Financial Statements 37 12. ISSUED CAPITAL 2021 $ 2020 $ Share Capital 1,313,354,631 (2020: 1,110,229,631) ordinary shares fully paid 20,603,915 15,023,117 20,603,915 15,023,117 (a) Movements in Ordinary Share Capital 1 July 2020 to 30 June 2021 Date Number of Shares Issue Price $ Balance b/fwd 1,110,229,631 15,023,117 Prior year adjustment - (50) Placement of 187,500,000 shares @ $0.032 per share to institutional and sophisticated investors undertaken pursuant to placement capacities under Listing Rule 7.1 (15% Rule) and Rule 7.1A (10% Rule) (refer ASX announcement dated 15 March 2021) 19/03/21 187,500,000 $0.0320 6,000,000 Placement of 15,625,000 shares @ $0.032 per share to Directors undertaken pursuant to placement capacities under Listing Rule 7.1 (15% Rule) and Rule 7.1A (10% Rule) (refer ASX announcement dated 15 March 2021) 20/05/21 15,625,000 $0.0320 500,000 Lead manager options (503,385) Share issue costs (415,767) Balance as at 30 June 2021 1,313,354,631 20,603,915 1 July 2019 to 30 June 2020 Date Number of Shares Issue Price $ Balance b/fwd 798,107,881 7,651,079 Placement of 112,733514 shares at $0.018 per share under the Company’s Non-Renounceable Pro-Rata Entitlement Offer of one (1) new share for every five (5) shares held (refer ASX announcement dated 26 July 2019) 31/07/19 112,733,514 $0.0180 2,029,204 Placement of 46,888,236 shortfall shares at $0.018 per share under the Company’s Non-Renounceable Pro-Rata Entitlement Offer of one (1) new share for every five shares held (refer ASX announcement dated 26 July 2019) 02/08/19 46,888,236 $0.0180 843,988 Issue of 25,000,000 shares at $0.0132 per share to Directors upon the satisfaction of the vesting conditions for the Performance Rights issued to Directors on 22 June 2018 (refer ASX announcement dated 2 August 2019) 02/08/19 25,000,000 $0.0132 330,000 Issue of 2,500,000 shares at $0.018 per share to consultants for consulting services pursuant to the Mt Carbine Quarries Transaction. 27/12/19 2,500,000 $0.0180 45,000 Placement of 125,000,000 shares at $0.036 per share to institutional and sophisticated investors undertaken pursuant to placement capacity under Listing Rule 7.1 (15% Rule) (refer ASX announcement dated 6 March 2020) 06/03/20 125,000,000 $0.0360 4,500,000 Share issue costs (376,154) Balance as at 30 June 2020 1,110,229,631 15,023,117