Discovery Alaska Limited (ASX:DAF) has lodged an application for quotation of 93,415,000 fully paid ordinary shares, issued on 12 November 2026 at an issue price of AUD $0.009 per security, as part of a placement transaction previously announced to the market via an Appendix 3B on 24 August 2026.

Key Points

  • 93,415,000 ordinary fully paid shares issued on 12 November 2026 at AUD $0.009 per security
  • Securities form part of a placement previously disclosed in an Appendix 3B dated 24 August 2026
  • A further issue of 27,000,000 options to Vert Capital Pty Ltd and/or its nominees for coordinating the placement remains to take place
  • Following quotation, DAF's total quoted ordinary fully paid securities on issue will be 358,359,698

Placement Shares Issued at AUD $0.009 Each

According to the filing, the 93,415,000 ordinary fully paid shares were issued for cash consideration in Australian dollars at an issue price of AUD $0.009 per security. The securities are classified as DAF ordinary fully paid shares on the ASX. The quotation application was submitted on 12 November 2026, with the same date recorded as the issue date for the securities. The filing states the shares were issued as part of a placement or other type of issue, referencing the Appendix 3B originally lodged with ASX on 24 August 2026.

Further Issue of Options to Vert Capital Pty Ltd Pending

The filing discloses that the transaction referred to in the Appendix 3B has not been fully completed. A further issue of 27,000,000 options to Vert Capital Pty Ltd and/or its nominees for coordinating the placement is yet to take place. The filing confirms this outstanding component when answering whether further issues of securities are yet to occur to complete the transactions referred to in the original Appendix 3B, with the company responding affirmatively and providing the above details.

Issued Capital Following Quotation of New Securities

Following the quotation of the 93,415,000 shares subject of the application, Discovery Alaska Limited's total quoted ordinary fully paid securities on issue will comprise 358,359,698 shares, according to figures set out in the filing. The company also holds unquoted securities, with 4,425,000 options designated as DAFAB, expiring 9 February 2029 at an exercise price of $0.05, recorded as issued but not quoted on ASX. The filing notes that the automatically generated issued capital figures may not reflect the entity's current capital if other forms are concurrently with ASX for processing.