Ballard Mining Issues Cleansing Notice After 44,700 Performance Rights Converted on 4 November 2026

Shwetambri Chauhan

04 November 2026 06:17 PM AEDT

Ballard Mining Issues Cleansing Notice After 44,700 Performance Rights Converted on 4 November 2026

Image Source: Krish Capital Pty Ltd

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Ballard Mining Limited (ASX:BM1) has completed the issue of 44,700 fully paid ordinary shares following the conversion of 44,700 performance rights, with the company releasing a cleansing notice dated 4 November 2026 pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth).

Key Points

Ballard Mining completed the issue of 44,700 fully paid ordinary shares via conversion of 44,700 performance rights
The cleansing notice was issued pursuant to section 708A(5)(e) of the Corporations Act 2001 (Cth)
The new shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act
The company stated there is no excluded information as defined under sections 708A(7) and 708A(8) required to be disclosed in the notice

Share Issue and Performance Rights Conversion

Ballard Mining Limited disclosed on 4 November 2026 that it has completed the issue of 44,700 fully paid ordinary shares arising from the conversion of 44,700 performance rights. The company referred holders to its Appendix 2A, also dated 4 November 2026, for further information regarding the conversion of the performance rights. The shares are described in the filing as "New Shares." No consideration or pricing details for the conversion were disclosed in the cleansing notice.

Corporations Act Compliance Statements

In accordance with section 708A(5)(e) of the Corporations Act 2001 (Cth), Ballard Mining confirmed that the new shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act. The company stated that, as at the date of the notice, it has complied with the provisions of Chapter 2M of the Corporations Act as they apply to the company, and with sections 674 and 674A of the Corporations Act relating to continuous disclosure obligations.

No Excluded Information Disclosed

Ballard Mining stated that, as at the date of the cleansing notice, there is no information that constitutes excluded information as defined in sections 708A(7) and 708A(8) of the Corporations Act that is required to be disclosed by the company in the notice. The filing was authorised for release by Paul Brennan, Managing Director of Ballard Mining Limited. The company is listed on the Australian Securities Exchange under the ticker BM1 and is headquartered in West Perth, Western Australia.

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