Share and Option Issue for Loan Settlement
Released
Released
Announcement PDF
ASX Release
17 October 2025
SHARE AND OPTION ISSUE FOR LOAN SETTLEMENT
Dart Mining NL (ASX:DTM) (Company or DTM) has elected to, in accordance with the terms of a Loan
Facility Agreement entered into with Oakley Capital Partners Pty Limited as lender, issue 264,705,882 fully
paid ordinary shares and 132,352,941 options as settlement for a loan of $450,000 received on 3 October
2025. The initial loan of $350,00 was announced on 3 October 2025 with a further $100,000 also received
on that day by agreement with the lender. Under the Loan Facility Agreement, the shares and options will
be issue on the same basis as Tranche 1 and Tranche 2 shares in the recent placement.
The shares and options will be issued to Oakley Capital Partners Pty Limited or their nominee under Listing
Rule 7.1. The share issue price is $0.0017 per share and the options will be exercisable at $0.0034 and
expire on 31 October 2028.
The Company will seek shareholder approval to issue a further 132,352,941 options exercisable at $0.0034
and expiring on 31 October 2028 to Oakley Capital Partners Pty Limited and Zerp Capital Pty Ltd, in
aggregate, for advisory services in relation to this Loan Facility Agreement.
The purpose of the loan was for the Company’s working capital requirements.
Approved for release by the Board of Directors.
For more information contact:
James Chirnside
Managing Director
Dart Mining NL
jchirnside@dartmining.com.au
+61 419 605 842
Dart Mining NL
ABN: 84 119 904 880
Level 6, 412 Collins Street
Melbourne VIC 3000
Contact: James Chirnside
Email:jchirnside@dartmining.com.au
Mobile: +61 447 447 613
Webpage: www.dartmining.com.au
LinkedIn: Dart Mining NL
Twitter: @DartMining
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