Announcement PDF Notification of Consolidation/Split Notification of Consolidation/Split Announcement Summary Entity name ESTRELLA RESOURCES LIMITED Applicable security for the reorganisation ESR ORDINARY FULLY PAID ESRAZ OPTION EXPIRING 09-MAY-2017 EX 20C ESRAW OPTION EXPIRING 19-DEC-2016 EX 20C ESRAY OPTION EXPIRING 25-OCT-2016 EX 20C ESRAD OPTION EXPIRING 7-MAR-2017 EX 35C ESRAC OPTION EXPIRING 18-DEC-2016 EX 35C ESRAB OPTION EXPIRING 21-NOV-2018 EX 35C ESRAK OPTION EXPIRING 18-APR-2016 EX 35C ESRAA OPTION EXPIRING 03-OCT-2018 EX 20C ESRAF OPTION EXPIRING 31-DEC-2015 EX 5C ESRAE OPTION EXPIRING 13-NOV-2019 EX 10C Announcement Type New Announcement Date of this announcement Wednesday September 9, 2015 Reorganisation type Security consolidation Effective Date Wednesday September 16, 2015 Record Date Friday September 18, 2015 Issue Date Friday September 25, 2015 Refer to below for full details of the announcement Announcement Details Part 1 - Entity and announcement details 1.1 *Name of +Entity ESTRELLA RESOURCES LIMITED Notification of Consolidation/Split 1/7 Notification of Consolidation/Split Registration Number 1.2 *Registered Number Type 39151155207 ABN 1.3 *ASX issuer code ESR 1.4 *The announcement is New announcement 1.5 *Date of this announcement Wednesday September 9, 2015 1.6 *Securities affected by the reorganisation ESR ORDINARY FULLY PAID ESRAZ OPTION EXPIRING 09-MAY-2017 EX 20C ESRAW OPTION EXPIRING 19-DEC-2016 EX 20C ESRAY OPTION EXPIRING 25-OCT-2016 EX 20C ESRAD OPTION EXPIRING 7-MAR-2017 EX 35C ESRAC OPTION EXPIRING 18-DEC-2016 EX 35C ESRAB OPTION EXPIRING 21-NOV-2018 EX 35C ESRAK OPTION EXPIRING 18-APR-2016 EX 35C ESRAA OPTION EXPIRING 03-OCT-2018 EX 20C ESRAF OPTION EXPIRING 31-DEC-2015 EX 5C ESRAE OPTION EXPIRING 13-NOV-2019 EX 10C Part 2 - Approvals 2.1 *Are any of the below approvals required for the reorganisation before business day 0 of the timetable? Security holder approval Court approval Lodgement of court order with +ASIC ACCC approval FIRB approval Another approval/condition external to the entity required to be given/met before business day 0 of the timetable for the reorganisation. Yes 2.2 Approvals Approval/Condition Date for determination +Security holder approval Thursday September 10, 2015 Is the date estimated or actual? Actual **Approval received/condition met? [Select...] Notification of Consolidation/Split 2/7 Notification of Consolidation/Split Comments Part 3 - Reorganisation timetable and details 3.1 *+Record date Friday September 18, 2015 3.2 Date of +security holder meeting Thursday September 10, 2015 3.3 Last day for trading in the pre-re-organised +securities Tuesday September 15, 2015 3.4 *Effective date. Trading in the re-organised securities commences on a +deferred settlement basis. If the +entity's securities are suspended from trading during this period there will be no +deferred settlement trading however ASX still captures this date. Wednesday September 16, 2015 3.5 Record date Friday September 18, 2015 3.6 First day for +entity to send notices to +security holders of the change in the number of +securities they hold. First day for +entity to register +securities on a post-reorganised basis Monday September 21, 2015 3.7 *+Issue date. +Deferred settlement market ends. Last day for +entity to send notices to +security holder of the change in the number of +securities they hold. Last day for +entity to register +securities on a post-reorganised basis Friday September 25, 2015 3.8 Trading starts on a normal T+3 basis Monday September 28, 2015 3.9 First settlement of trades conducted on a +deferred settlement basis and on a normal T+3 basis Thursday October 1, 2015 Part 4 - Reorganisation type and details 4.1 *The reorganisation is +Security consolidation 4.1a *Consolidation ratio: the +securities will be consolidated on the basis that every 4 (pre-consolidation) +securities will be consolidated into 1 (post-consolidation) +security (/ies). 4.2 *Scrip fraction rounding Fractions rounded up to the next whole number Part 5 - +Securities on issue before and after reorganisation Notification of Consolidation/Split 3/7 Notification of Consolidation/Split 5.1 *+Securities on issue before and after the reorganisation *ASX +Security Code ESR *ASX +Security Description ORDINARY FULLY PAID Quoted/unquoted Quoted *ASX +Security Code ESRAZ Number on issue before reorganisation Number on issue after reorganisation 220,999,713 55,249,928 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 09-MAY-2017 EX 20C Quoted/unquoted Unquoted *ASX +Security Code ESRAW Number on issue before reorganisation Number on issue after reorganisation 1,500,000 375,000 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 19-DEC-2016 EX 20C Quoted/unquoted Unquoted *ASX +Security Code ESRAY Number on issue before reorganisation Number on issue after reorganisation 505,000 126,250 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 25-OCT-2016 EX 20C Quoted/unquoted Unquoted *ASX +Security Code ESRAD Number on issue before reorganisation Number on issue after reorganisation 600,000 150,000 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 7-MAR-2017 EX 35C Quoted/unquoted Unquoted *ASX +Security Code ESRAC Number on issue before reorganisation Number on issue after reorganisation 750,000 187,500 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 18-DEC-2016 EX 35C Quoted/unquoted Unquoted Number on issue before reorganisation Number on issue after reorganisation 500,000 125,000 Notification of Consolidation/Split Estimate/Actual Actual 4/7 Notification of Consolidation/Split *ASX +Security Code ESRAB *ASX +Security Description OPTION EXPIRING 21-NOV-2018 EX 35C Quoted/unquoted Unquoted *ASX +Security Code ESRAK Number on issue before reorganisation Number on issue after reorganisation 3,000,000 750,000 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 18-APR-2016 EX 35C Quoted/unquoted Unquoted *ASX +Security Code ESRAA Number on issue before reorganisation Number on issue after reorganisation 450,000 112,500 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 03-OCT-2018 EX 20C Quoted/unquoted Unquoted *ASX +Security Code ESRAF Number on issue before reorganisation Number on issue after reorganisation 475,000 118,750 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 31-DEC-2015 EX 5C Quoted/unquoted Unquoted *ASX +Security Code ESRAE Number on issue before reorganisation Number on issue after reorganisation 3,871,427 967,857 Estimate/Actual Actual *ASX +Security Description OPTION EXPIRING 13-NOV-2019 EX 10C Quoted/unquoted Unquoted Number on issue before reorganisation Number on issue after reorganisation 5,500,000 1,375,000 Estimate/Actual Actual 5.2 *Exercise price of options *ASX +Security Code *ASX +Security Description ESRAZ OPTION EXPIRING 09-MAY-2017 EX 20C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.20000000 0.80000000 Unquoted Notification of Consolidation/Split 5/7 Notification of Consolidation/Split *ASX +Security Code *ASX +Security Description ESRAW OPTION EXPIRING 19-DEC-2016 EX 20C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.20000000 0.80000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAY OPTION EXPIRING 25-OCT-2016 EX 20C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.20000000 0.80000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAD OPTION EXPIRING 7-MAR-2017 EX 35C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.35000000 1.40000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAC OPTION EXPIRING 18-DEC-2016 EX 35C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.35000000 1.40000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAB OPTION EXPIRING 21-NOV-2018 EX 35C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.35000000 1.40000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAK OPTION EXPIRING 18-APR-2016 EX 35C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.35000000 1.40000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAA OPTION EXPIRING 03-OCT-2018 EX 20C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.20000000 0.80000000 Unquoted Notification of Consolidation/Split 6/7 Notification of Consolidation/Split *ASX +Security Code *ASX +Security Description ESRAF OPTION EXPIRING 31-DEC-2015 EX 5C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.05000000 0.20000000 Unquoted *ASX +Security Code *ASX +Security Description ESRAE OPTION EXPIRING 13-NOV-2019 EX 10C Quoted/unquoted Exercise price before reorganisation Exercise price after reorganisation 0.10000000 0.40000000 Unquoted Part 6 - Further information 6.1 Further information relating to the reorganisation 6.2 Additional information for inclusion in the Announcement Summary Notification of Consolidation/Split 7/7