Proposed issue of securities - FG1
Released
Released
Announcement PDF
Appendix 3B - Proposed issue of securities
Appendix 3B - Proposed issue of securities 1 / 6
Announcement Summary
Entity name
FLYNN GOLD LIMITED
Announcement Type
New announcement
Date of this announcement
29/9/2026
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
New class-code to be
confirmed
Options ex at $0.03 (3 cents), expiring 30 months from the
date of issue
3,014,426
FG1 ORDINARY FULLY PAID 6,028,851
Proposed +issue date
23/10/2026
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
FLYNN GOLD LIMITED
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
ABN
Registration Number
82644122216
1.3 ASX issuer code
FG1
1.4 The announcement is
1.5 Date of this announcement
29/9/2026
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?
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
FG1 : ORDINARY FULLY PAID
Number of +securities proposed to be issued
6,028,851
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
An offer of up to a maximum of 6,028,851 New Shares at a deemed issue price of $0.015 (1.5 cents) together with up to a
maximum of 3,014,426 New Options (on the basis of one New Option for every two New Shares) to the Underwriter
(and/or its nominee(s)) for certain fees that would otherwise be payable in cash, if elected by the Underwriter to be
received in shares and options (Underwriter Fee Offer) as detailed in the Prospectus announced on 25 September 2026
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
90,432.770000
Will these +securities rank equally in all respects from their issue date with
the existing issued +securities in that class?
Yes
No
Yes
Existing class
No
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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 - New class (+securities in a class that is not yet quoted or recorded by ASX)
Details of attaching +securities proposed to be issued
ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them)
Have you received confirmation from ASX that the terms
of the proposed +securities are appropriate and
equitable under listing rule 6.1?
Will the entity be seeking quotation of the 'new' class of
+securities on ASX?
ASX +security code
New class-code to be confirmed
+Security description
Options ex at $0.03 (3 cents), expiring 30 months from the
date of issue
+Security type
Options
Number of +securities proposed to be issued
3,014,426
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
An offer of up to a maximum of 6,028,851 New Shares at a deemed issue price of $0.015 (1.5 cents) together with up to a
maximum of 3,014,426 New Options (on the basis of one New Option for every two New Shares) to the Underwriter
(and/or its nominee(s)) for certain fees that would otherwise be payable in cash, if elected by the Underwriter to be
received in shares and options (Underwriter Fee Offer) as detailed in the Prospectus announced on 25 September 2026
Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities
90,432.770000
Will all the +securities issued in this class rank equally in all respects from their issue date?
Options details
+Security currency
AUD - Australian Dollar
Exercise price
AUD 0.0300
Expiry date
Details of the type of +security that will be issued if the option is exercised
FG1 : ORDINARY FULLY PAID
Yes
No
Yes
No
New class
Appendix 3B - Proposed issue of securities
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Number of securities that will be issued if the option is exercised
3,014,426
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities
proposed to be issued or provide the information by separate announcement.
Part 7C - Timetable
7C.1 Proposed +issue date
23/10/2026
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?
up to a maximum of 6,028,851 New Shares and up to a maximum of 3,014,426 New 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.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.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
No
No
No
No
No
No
Yes
No
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Part 7F - Further Information
7F.01 The purpose(s) for which the entity is issuing the securities
Up to 6,028,851 New Shares and 3,014,426 New Options may be issued to the Underwriter (or nominee) in lieu of certain
cash fees, at the Underwrite's election, as disclosed in the Prospectus lodged on 25 September 2026
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
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 +disclosure document or +PDS for the +securities proposed to be issued
No
The publication of a +disclosure document or +PDS for the +securities proposed to be issued
No
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